Post by
ReitsRus on Jun 06, 2022 1:21pm
Maybe $21 today
Maybe we hit $21 today before close, but I wouldn't be surprised with a pullback tomorrow usually this retraces for another Leg up, where's AngelNickey Enjoy ur Afternoon! Hahahahaha
Comment by
altagold on Jun 06, 2022 9:04pm
THE CHOKE CHAIN ON THIS STOCK IS THE HEDGES, ARC LEFT A FORTUNE ON THE TABLE, TOO HARD TO WATCH THEM GIVE AWAY ALL OF THEIR HARD EARNED GAS AND LIQUIDS
Comment by
Sunsurfer12 on Jun 06, 2022 9:19pm
They are 65% unhedged..and 90% unhedged in another 6 months..anyone focusing on hedges now is looking at the wrong factors...hedges are immaterial now
Comment by
clamlinguine on Jun 06, 2022 11:16pm
I think those share buy back numbers for May are helping things along.
Comment by
altagold on Jun 06, 2022 11:53pm
HEDGES ARE EVERYTHING IN THIS MARKET ARC MIGHT AS WELL SHUT IN 35% OF THEIR GAS UNTIL THESE STUPID HEDGES EXPIRE KNOCK 35% OFF OF ARC STOCK AS A DOWNSIDE RISK THATS MATERIAL
Comment by
Sunsurfer12 on Jun 06, 2022 11:55pm
Again...35% hedges for 6 months is unfortunate but largely irrelevant considering where gas has been this quarter and where the futures curves are..that is the value..if you think theres better values out there..go for it..
Comment by
GunnerG on Jun 07, 2022 10:47am
How would shutting in 35% of their gas help with hedges? Think you need a lesson on hedges my friend.
Comment by
red2000 on Jun 07, 2022 5:45am
Right on ! Sunsurfer21 ! Better days ahead !!!