ARC Resources Ltd T.ARX

Gas prices are grand

[Farmer12]

When Arc bought Seven Generations in February for 8.1 billion clams, that was a big purchase, no matter how you cut the cheese. Did management foresee an increase in the price of NG, or was it a lucky coincidence? The nasty hedges were an attempt to mitigate the risk. With current and strip prices, Arc management has come out of it looking pretty good, certainly in terms of timing. With Q3 already 2/3 over, and prices as they are, this stock should begin to rise as bean counter shareholders look over the numbers.

[uncutgems]

arx actually became more OIL heavy when they bought 7g. they were more gas heavy prior to buying 7g. the stock price would be far higher had management simply done nothing. I hope this post was simple enough for even BLEAKER to understand it.

[Beakr123]

LOL much more concise uncut. Nice work.