ARC Resources Ltd T.ARX

Yesterday AECO over $6 dollars G/J

[MyHoneyPot]

It seem to me first week in April with a draw of 33 BCF and gas at historical 5 yr lows, than the gas bulls should be charging. 

TOU is performing better than ARX in terms of the with a 52 week high of $60.15. Yesterday the high was $60.10 so this is where they are trading. 

So with gas prices soaring, and with storage level down 25%, and LNG will be moving gas into European storage as fast as they can, I have never seen more bullish indicators in recent times for the gas market.

Kakwa - Gas Plants

Kakwa is know for it liquids rich production, but there are regions of the play area to the east and south that are a lot more gassy i believe. Shaleguy could add more color to this. With 300-400 Mmcf of processing capacity available, they don't simply have to drill their best liquids wells anymore the gas wells will do quite nicely all on their own. 

Share Holders will die if they hold the breath and wait for Attachie to come on, really it is shameful to suggest your best opportunity is two years into the future, and is high speculative whether or not it is really you best opportunity. 

Next 6 Months Meaingful Objectives

What is Arx best opportunity for the next six months with high gas and high condensate prices, this is the way it could be framed. Attachie we have been waiting a year for approvals all ready, does anyone have a crystal ball out there that will give us a real start date for the project? 

Here is Arc statement in their presentation

ARC’s long-term focus is to reduce downside risk in funds from operations and create certainty in cash flows

My quest regarding that statement is at what cost, you could hedge all your gas at $3 dollars and you oil at $50 dollars and you have no downside risk, ARX has already tried that approached and it has cost the share holder of a Billion dollars a year in FCF, and likely 3 billion in market cap.

Maybe management can get a brain and do a better job. 

IMHO

[Quintessential1]

ARX is up 44% YTD TOU is up 42% YTD If your brain is superior to management's, why can't it comprehend that 44 is more than 42? Discussing the production numbers and the possible reallocation of funds for better returns can be fun if not helpful or useful but, maybe you can keep the insults about AN's cumdumpster of a mom where they belong and not about the management that is doing

[MyHoneyPot]

That looks like a real technicial comparison, at some unknown point of time, really tell me nothing expect you can compare two numbers. Why don't you say 10 is bigger than nine and it isall in the numbers.  e Really how many years has attachie been ARX's number on prospect, my guess that it is a project that is 7 years in the making and you spent more than 100 million dollars on and

[Sunsurfer12]

have you ever called IR to chat with them? Ask them for answers?

[MyHoneyPot]

IR is run by the same accountant that put in place the worst hedging strategy in industry histroy. A one point the CFO ran everything except operations, what a mess ARC must be in, internally.  Bibby the junior account that slashed arc dividend,  i have nothing good to say about Bibby and Terry, ARX is a headless horse.  IMHO

[Quintessential1]

Actually the numbers are as of today.  Right now as a matter of fact. Feel free to click and look. I don't have to get too technical to make my point.  KISS Keep It Simple Stupid. ARX YTD Tou YTD GLTA

[MyHoneyPot]

Oh that is interesting, ...... Do the numbers include dividends? Over what period of time are you making the comparision? Or is that to much detail to ask for? IMHO

[Quintessential1]

YTD = Year To Date That means from January 1 2022 to this very time and date right now. Sorry I thought a guy that throws around numbers and deatails like you would know that.. " TOU is performing better than ARX in terms of the with a 52 week high of $60.15" You posted that in the start of this thread.  I don't see any divividends posted details guy. ARX's share

[MyHoneyPot]

Capeesh Capeesh Capeesh expect TOU high is 61.39 and they have paid out a lot of dividends.  Capeesh

[Quintessential1]

But ARX yield is higher! GLTA

[Cobalt]

Thanks man , was looking around for more NG, think i might will skip this one cheers