RE:RE:RE:90% of the Disappointment is in the PresentationYour reading comprehension is just as poor as your writing composition.
I get that english is probably a second language for you and as such I give you a lot of lattitude on your written posts but your assesment of the context of my post is so far off point that I have to assume that the rest of your observations are too and are based on poor comprehension of the english language in general.
Luckily numbers are universal and as long as you are recommending that mangement off themsleves, my moral compass is happy to be pointing in a different direction than yours is.
If ARX isn't busy gobbling up ratsnake's shares like a kid in the candy store I would be very surprised.
I said it before, the hedging losses are in unrealized losses over the entire 2022 year and Q2 will not look like this. The share price will not be this low again and I am sure they know that too and are buying as much as they are allowed. Unless you are selling or buying, share price dips are meaningless. All that matters is the 20% increase to the dividend. Did TOU get one of those?
GLTA Longs
MyHoneyPot wrote: TOU Premier Company
Sorry i don't buy that, Mike Rose is likely the most successful Oil+Gas executive in Canada, and obviously he understands the patch.
Given the number of questions on this board regarding Earning Loss, increased Royalities, and Flat production and declines at Kakwa.
The TOU NCIB they don't have to implement it at a time of high commodity prices and high share prices, because they are always managing their share float.
So when prices are high like they are right now they don't have to Fix the Balance Sheet, By Back Shares, and can feel good about returning capital to share holders, in fact they just announced a $1.50 dividend to share holders.
The share price is a measure of confidence in management, and if your share prices doesn't increase as a product of your buybacks, you should ask yourself why your doing it.
TOU is a debt free company with the largest gas production in Canada, and a plan to grow a lot bigger. So if you think it is going to fall and break to pieces, you be waiting for a long time. In fact it is kind of laughable to think a 23 billiion dollars company is fall and break to pieces.
You need to get in touch with reality, you obviously have big chip on your shoulders, and i dispise your moral compass.
IMHO