Post by
CaptainKirk1701 on Jul 08, 2021 11:41pm
Production
In regards to Q2 reporting that everyone including myself is looking forward to seeing there is a number of 340,000 BOE that continues to get thrown around that really appears to be an incorrect assumption.
Directly from the Arc both June and July investor presentation they are calling for ~7% decrease in production from the 353,000 BOE of Q1 due to spring breakup and turnaround. It’s both Q3 and Q4 they are calling for the 340,000 BOE everyone is talking about.
So at around a production number closer to 326,000 for Q2 does everyone still feel this is a homerun quarter? Commodity price says yes but it’s on an overall lower production number, what say you?
#Long and strong
Comment by
topdown99 on Jul 08, 2021 11:54pm
If "ifs" and "ands" were pots and pan , I'd be the houseware king ....... Right now its all guess work BUT consider the price of nat gas over the Q , take a look at WTI over the Q , take a look at the price of condy over the Q . Those are all some healthy prices over the entire Q . Are you so sure it won't be a homerun quarter Captain ?
Comment by
CaptainKirk1701 on Jul 09, 2021 12:14am
I'm hoping homerun all the way but I pose the question to invite the boards input and overall thoughts. As a heavy holder of this company I wanted to point out a piece of information that Arc is offering itself that many possibly misquote here.