RE:RE:RE:RE:RE:RE:RE:RE:Vermillion compared to ARX Resources (Q3, 2024) Just NumbersWait, so now we're trying to prove points by quoting Kenny Rogers tunes? I just about give up...
VET has a compelling investment case at current levels; nobody is arguing that. What I'm questionning is why you can only pump it by slagging another company? And why is it always the same company Every. Single. Time?
You completely lost your mind when ARX took over VII. You single-handedly attempted to prevent the takeover from happening and were extremely upset when that attempt failed - miserably.
You then doubled down by proceeding to criticizie the company at every turn as it repurchased and canceled
130 MILLION shares, raised its dividied and saw its share price skyrocket over the last several years.
If you think I'm wroing, pull up a ten-year price chart on ARX. I'll wait...
You have lost all objectivity as it pertains to this company, so why don't you just admit that you were wrong and move on? Tripling down only serves to make you look even more foolish and out of touch.
MyHoneyPot wrote: While 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