RE:RE:RE:RE:RE:Vermillion compared to ARX Resources (Q3, 2024) Just NumbersJust numbers and just the world of Bibby.
If they did not shutdown Sunrise their price for Natrual Gas in Q3 would of been 20 cents a MMcf less. Go back to the earning webcast and verify that for yourself, then call Bibby and tell him he is not allowed to express accurate analysis that may lead to a different opinion then yours.
If surrise were to produce ARX Q3 gas price would of been less than $1.58 MMcf, compared to TOU that recognized. Tourmaline gas price realized in Q3 was $3.19, VET corporate gas price realized in Q3 was $6.57 mmcf.
ARX has a lot of great operational people that are working hard to sell their market and sell their product at a huge discount to industry. It is their corporate strategy.
So I stand by my facts from the q3 reports that VET is significantly mispriced when compare to ARX.
If you want to point at 2 random dates in history, and label that stock performance feel free to engage that approach.
However my analysis are based on current results and current numbers.
IMHO
MHO