ARC Resources Ltd T.ARX

2023 TFSA discount gift

[Grandcentral]

Do your own homework.
Easy decision for me.
GLTA

[Trapped]

Exactly. I can't help but chuckle when I see so many 'investors' getting their undies in a bunch. The market is doing exactly what the market does. People who think the world is ending lose every time. Onward and upward, nothing to see here, folks. Q4 financials are a month away. Cheers and GLTA ARX bulls.

[AlwaysLong683]

Onward and upward? If you mean 2023, not sure that will pan out. BOC and FED overtightening, likely recession, people cutting fuel consumption, possible warmer-than-average winter in North America generally speaking, etc.  ARX was trading at a ridiculously low 3.00 or so per share at the depths of the COVID scare. It is now trading at over 16.00. Low P/E, but that's the trailing 12 month

[Quintessential1]

You must have missed the acquisition always short. Not surprised. GLTA Longs

[AlwaysLong683]

Oh, yes, well that changes everything. lol.

[AlwaysLong683]

BTW, that's earnings per share, not total earnings. I have seen many a serial acquirer get burned as analysts previously bragged about increases in revenues and what a great job they are doing "acquiring and integrating acquisitions" only to find out that the "synergies" didn't work out as planned.

[Trapped]

Exactly, just another Chicken Little but that's okay because it takes all kinds. After COVID hit, every country of significance in the world shut down suddenly and simultaneously. Just think about that for a moment. Contrast that to now and we're (still, even with China) in the midst of a recovery at a time when global storage and excess capacity have never been tighter (To say nothing