RE:RE:RE:The charts are pointing down for oil and gas pricesSo true, Quint. It took a while to get here, but anyone with a brain could see where this company was going long-term. FCF from here on out will be phenomenal, enabling Attachie Phase II and increased shareholder returns via ongoing dividend increases and buybacks. Complete no-brainer from here on out.
There's another major flaw in DumbGuy's argument. When any fuel source has been phased out in the past, the commodity price has gone out on the high side (not the low) as investment dollars flow to alternative sources.
It's a scenario that's decades away at the least, so I would never expect a day-trader with the attention span of a flea to understand.
Easy hold - not just ARX, but all the top-quality names in this sector. Cheers and GLTA ARX Bulls.
Quintessential1 wrote: LOL. And I thought I held a grudge lol...and I do. ;-)
You know we all congratulated puddin'pop on his gain ( I think he sold higher than this even).
Told him it never hurts to take profits.
Then he had to wander back in and take a dump not only on the stock but the enitre sector.
Why? Why is the win only good if everyone else loses?
He might be right in his prediction...in about 10 years or more. Or not.
I feel like ARX is a longterm hold especially if NG becomes the bridge fuel to a cleaner energy transistion and it certainly looks to be as renewables continue to struggle to make up ground and reliably provide low cost energy security. One thing about NG it always burns and it turns out you don't really even have to burn it to get the energy out whcih turns it into a green fuel.
Add in carbon capture and RNG and ARX seems poised to provide for an ever increaing global population's energy needs for the foreseeable future and beyond.
GLTY and ALL ARX BULLS
Trapped wrote: I'm wondering if we're going to hear back from coolfooldumbguy??
There's something very satisfying about day-trading trolls getting liquidated.
coolfooldumbguy wrote: All of the oil and gas stocks are going to be pounded down soon because of the price of petroleum going down in the world markets for commodities.So that the oil and gas stocks will be following that trend too.It will not matter to the markets which stock you own because the whole group of them : ath bte bne arx cve tve gte gei vle,crescent point,& vermilion energy,whitecap resources,etc,etc,etc.So that all of you shareholders will get pounded down,including me.