9.5 billion market CapWith a 9.5 billion market Cap, It is really small when last quarter you had 580 million in FCF.,
In theory you could buyback everyone one of your shares in 16 quarters roughly, 4 years. Based on FCF.
So what this says to me is this, way to cheap.
Soon ARX will be growing production at Sunrise, Attachie, and Kakwa.
So ARX is simply way to cheap, and maybe its because they sat on their hands for a year with the treaty8 stuff, no ones know for sure.
I would not be surprized to see FCF over 600 million, and maybe the stock return to the 20 dollar range.
IMHO