Post by
Farmer12 on Mar 03, 2022 8:52am
Revenue
ARX is pulling in around $12 million gross per day, just from oil and condensate: (85,000 x ~$140 Canadian). The NG gross contribution is also very significant: (1,280,000 x $6= ~$7 million/day??) In Q4 ARX was able to sell NG at around $6.50 Canadian, if I remember right, or about $1.50 more than various averages. Quite impressive! Already Q1 is already 2/3 nailed down with great prices. A nice dividend hike could goose the price nicely. Granny needs a new pair of shoes.
Comment by
Farmer12 on Mar 03, 2022 11:05am
Interesting stats from 2021. The ARX Seven Generations combination closed, I think? On April 6 of last year. Up to that time Arc had been much more tilted to NG. Since the closing ARX is really benefitting from +- 85,000 barrels of oil and condensate and the proportions of revenue may be slightly different.
Comment by
IvanGubinski on Mar 03, 2022 12:08pm
VET has 85 thousand barrel a day. we have 350 thousand thousand barrel a day. yet VET has 5B market cap we are having 10B? I thing we should be 20B. that translate to 30 bucks a share WTFFFFFFFFFFFFFFF