RE:RE:RE:RE:RE:RE:RE:Vermillion compared to ARX Resources (Q3, 2024) Just NumbersWhile you in the commodies business when you buy oil and gas stocks, you need to know when to hold them and know when to fold them.
That why i trade Oil and Gas stocks and do not hold long term expect for POU.
ARC has a major issues with Marketing because if falls under the CFO, and continues to underperform and it evaporates the great operational performance of ARX into a cloud of smoke of underperformance.
"Peyto's realized natural gas price, after hedging and diversification, totaled $2.95/Mcf (or $2.57/GJ) in the quarter"
FCF, FFO and Debt + sharecount are all very important metrics and that is how a company should be evaluated. Performance really should be a measure of how much return a dollar invested in the company generates. Some companies get higher rating like ARX, I am not will to pay for that rating right now because of the under performance in Marketing.
IMHO
MHP