ARC Resources Ltd T.ARX

A Bird in the Hand

[MyHoneyPot]

Pusing Attachie while oil is 85 dollars U.S. and condensate is trading at $108 dollars Canadian really shows the sour grapes, perspective of management and their inability to pursue low hanging fruit and opportunities at hand. 

Eneryone knows about the Treaty 8 issues, and it going to be a slug to get that project built, it will not happen for a couple of years from now? What should ARX do sit on its hands during this high price commodity cycle? 

Why is management no pursuing opportunity at hand, they obviously are cash flush and they could buy back 11 million shares. However production at Kakwa went down last quater.

Karr wells directly adjacent to ARC are paying out in 4 months, and almost 50% condensate. 

Management needs to get out of their rocking chairs, and do something for the shareholders and the company and quit pusuing their personnel agenda's. All they are good at is spending money on share buybacks and pursing flawed hedging strategies, that have a track record of not working.

IMHO

[Beakr123]

You need to make up your mind about this company and get new material. If you sold like you said last week then go provide your commentary elsewhere. 

[MyHoneyPot]

You should go somewhere else. I only post facts, quit the personnel attacks. IMHO

[Beakr123]

No you poorly attempt to manipulate the stock with your end of the world rants one day then undying love for ARX the next. Your a sham and a irritant to this board. Take your garbage napkin math and get outta here, I think we've all just had enough. 

[MyHoneyPot]

I use Peters research, what do you use. Have you even watched the management video's.  Jump in the lake.... Your just a board bully, and if you don't hear what you like you take your toys and start crying. Grow up... IMHO

[Quintessential1]

If the future production is hedged out at a loss then why increase production?  Why not wait until the hedges are less along with the lost revenure on royalties and then ramp up production? Also,  why don't we wait for the actual ER numbers on November 3 instead of trying to use a crystal ball?

[MyHoneyPot]

Good question, increasing production is the only way for the company to get traction and get out from under the weight of those dismal hedges.  If management added 10,000 boe a karr, those well will pay back in less than 4 months at these prices and the new production will be unhedges. So this strategy would reduce the percentage of your hedging exposure overall by and more full priced

[Quintessential1]

New production is unhedged?  So the hedging options in place now only cover a certain amount of production? Is it possible they have more production than they have hedged already? What happens if they do not produce enough to cover the amount already hedged?

[Shaleguy]

Then they are serious trouble

[Shaleguy]

MHP is correct. The reason we face resistance is because the I bankers price producers based on forecast cash flows. As I said before anyone who can predict the prices more than a year out is kidding themselves. The strip changes constantly as fundamentals change.