RE:RE:RE:RE:RE:A good dayYeah they are back slapping because they are going to get paid...next year.
They sold a big chunk of montney to do it though. Did they get a good price?
Yup.
Did they get what it's worth?
Nope.
Ovintiv isn't stupid they need to make a buck off it.
Would you sell Kakwa or Attachie for that?
ARX won't. Because they don't have to. Invest the cap ex and suck the value out...like a producer.
GLTY and ALL ARX BULLS
Trapped wrote: That's amazing, considering the healthy bump POU saw yesterday from that gigantic Montney sale.
The real icing on the cake for me will be when NoMoneyBot comes in to admit this rookie management team actually knew what the heck they were doing!
I'm not holding my breath...
Quintessential1 wrote: Ha ha! Yeah. "going to $10 any day now" ROFL there's your AN fix for the year.
Speaking of years, even with POU's asset sale ARX's YTD performance is still eclipsing POU's.
And ARX didn't have to sell the farm or the future to do it.
GLTY and ALL ARX BULLS
Trapped wrote: Haha, so true Quint. Why hasn't DumbFunGuy slipped in to wish us all the best with our future endeavours? There is room for healthy challenges - they prevent group think while providing a different viewpoint, which can be really valuable.
But to say this has gone up so now it needs to go down is ridiculous. I would say we can start having those discussions somewhere in the mid-$30s.
And don't even get me started on AngelNicky! I actually almost miss the little bonehead!
Quintessential1 wrote: You mean like increasing their market cap 6 fold in 4 years and paying us while they did it?
You got that right Trapped! Pure genius! It has been a great ride and it isn't nearly over yet!
I noticed those slagging the company don't show their faces when it's riding high.
Haven't seen them in a long while around here. ;-)
Except puddin' pop and he's slagging the whole sector.
Maybe The Cos dosed his puddin'
GLTY and ALL ARX BULLS
Trapped wrote: There will be more - Notably as winter draw season, LNG Canada, Attachie Phase 1 full production and the full effect of more than 130 Million repurchased and canceled shares take hold. Most of those buybacks were made in the teens.
It's why I bristle whenever people slag the company, because the vast majority of what they've done has been pure genius.
Cheers and GLTA ARX bulls.