RE:Reason to own ARX over TOU Maybe Arc should do a reverse split to bring down the number of shares quickly and stop the old VII shareholders whining
No correlation between market cap and what is being paid out in dividends. That's hilarious you think their is.
You also don't understand the difference between the two companies "property plant and equipment" and the "debt". You can come up with some bs logic to try to explain it, but facts are facts bud and you obviously don't have a financial background. .
SP is half price? Guess Eric was right. Purchase those suckers before they re-rate I believe you predicted in Q1 2023
MyHoneyPot wrote: While the reality is that ARX could pump out those dividend at the same rate or maybe even a higher rate then TOU. Especially since it less than 50% of the market cap, last quarter they realized higher levels of FCF last quarter than TOU.
However their buying back their shares, people know i feel about that strategy (TOU does not do it). I don't like it, Eric Nuttal strategy but where is Eric these day, he has left ARX management in the dust.
Arx is clearly on a more liquids rich path, and when Attachie finally get approved and built it will add to the liquids rich portfolio.
So i guess you can't have any Tier1 liquid rich location, if you dont own Kakwa.
I think ARX is half price and we are going to see huge price appreciation, expecially in 2023 if gas prices don't recover.
IMHO