RE:RE:RE:ARX management needs a lesson in Corporate PresentationsSo much WRONG in this post. OYE
MyHoneyPot wrote: Gunner, i guess guy like you are use to under performance, is Terry your brother in law or something. Should read "I guess a guy" No relation.
ARX does not have a profession corporate presenation that communicates meaningful information to their shareholders, so you know nothing unless you have access to indutry data. Shoud read "a professional corporate presentation" You didn't see the $600-$700 capex at Kakwa in the presentation. Many here have said its your reading comprehension that is lacing, and it is.
I do, and ARX has done a dismal job of realizing the value of Kakwa while sitting on their hands. And yet you are to dumb to sell and move on to those other companies that are doing so much better than Arc. But maybe you are disingenuous in your posts.
Electrification is just another way to spend money with no material returns for the shareholders. This statement shows your total lack of understanding of O & G and what all of the companies are doing with regards to ESG.
Gunner, do you really know anything about oil and gas. I readily admit my knowlege is limited. You, as I and others have said, are much smarter than managmen even when you lack all the details they have access to.
Doesn't it make your stomach sick that FCF could of been 60% higher if it was not for dismal hedges. If it did turn my stomach, I would take the bold move of selling and moving on. I can live with those facts knowing VII had much to do with them and they will roll off.
Here is a good use of shareholder capital buying shares at the top of the market. You keep saying this and then cry about the SP being so under valued. If it is undervalued, buy buy buy. Even Eric is agreeing with you on the SP being undervalued.
ARC has been buying back share at prices higher than what they are trading for today $17 dollars, less than a week ago. The just can't think of enough ways to loose share holder capital. Show me where they have paid over $17. Must be some of that industry data you have access to. Provide a link if it actually exists.
IMHO