RE:RE:RE:Undervalued, or Depressed because of bad ManagementI'm not here to provide you with facts, just to tell you that your repetitive whining becomes less and less relevant with each passing day as the SP increases in value. And if I want to hear about TOU, I'll be sure to visit their page.
I'm in ARX with a sub-$10 average on a large position and we're in the very early innings of a multi-year structural bull market. So why would I need to talk all day about last year's hedges or any other garbage you feel the need to spew day after day? Pointless when I'm getting rich off of a position in an investment-grade name with tremendous upside potential from here.
Give your head a shake and get a life is all I'm saying...
MyHoneyPot wrote: Sorry Trapped for hurting your feeling, but i make it hard argure when you have to come up with facts or any kind of meaningful inteligent exchange.
ARC is highly depress in terms of value, by a management team, and especially a business team that is not qualified to manage a 10 Billion enterprise value company.
Arc has several advantages to a company like TOU that is the darling of this space.
1: They have no spun a royality on all their properties.
2: They do own their infastructure
3: They own the very best play area in the Montney Kakwa.
On the Execution Side they Suck
- Plant utilization levels are low, especially in Kakwa
- Hedging could not be worse
- Share buyback do not return value at the same pace to shareholders as resouce development would.
Who cares what you say anyway Trapped, i have been here for a while, and i am only here because of Kakwa and feel that ARC increase in value is lagging. Especially in a 7 dollar U.S. gas enviroment, and management lack the business brains to run this company. A bunch of guys that do not know what to do, accountant that have no understanding of providing meaningful information to share holders.
IMHO