Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Comment by Trappedon May 08, 2023 7:46am
68 Views
Post# 35435957

RE:RE:Wait a year to fix hedges?

RE:RE:Wait a year to fix hedges?I think they 100% do know better. And between William's endless rants both here and on Facebook, it's clear Terry and Bibby are living rent-free inside his head.

I've said it before... If an investment no longer meets your expectations, you sell and move on to something you can believe in. You don't try to run the company from the outside by harassing IR and the BOD. It never works.

What MHP is doing here is beyond embarassing.

Quintessential1 wrote: It is May 2023.  It is only 8 months until 2024 not a year.  

Since Q2 is well on its way that means only 2 more quarters of hedging,  

It is also debateable whether the hedges could be fixed even if it was worth it.  

CVE bought its hedges back and is trading terribly.  I'm not sure why you think this is the fix.

ARX is already trading better than CVE or TOU. 

Perhaps ARX management knows better than you?

GLTA ARX BULLS



MyHoneyPot wrote:
You will simply burn another billion on share buybacks, and rob the shareholder of the true evaluation that the share should be trading for today.

Eric Nuttal knew something was wrong with ARX, the way it trading. The reality of the situation was a whale of liability on the balance sheet in the form of risk management. 

You can fix the debt and they have,  but unless you fix the risk management liability ARX will trade at a discount. ARX can't get competative results with companies like TOU with this boat anchor tied to it. 

The share buybacks are futile at this point and a waste of capital

Commodity prices are depressed time to fix the balance sheet. 

IMHO




<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse