ARC Resources Ltd T.ARX

Price Target for tomorrow?

[siddom]

I am thinking an opening of $16.....what say you?

[MyHoneyPot]

Q3 TOU  Third quarter 2022 free cash flow(4) ("FCF") was $568.3 million ($1.65 per diluted share). Tou has 342 miilion shares $1.66 share FCF, share price = $60.86 ARX has 616 million shares    97 cents FCF,  share price - $15.26 So TOU $1.66 share/ Arc .97 share = 1.71 So every share of TOU should produce 1.71 time free cash flow of one share of arc TOU share

[iwpete]

I wouldn't put it past Bibby to hedge down here at $2.45 and I can see them with $ signs in their eyes and increasing the buget to the moon the management lost $3 billion on hedging .. man that's a lot of tacos and it's still the same management looking for $16

[iwpete]

don't drill in the ground drill on the stock market for less than $700 million you can buy CR.T which produces 32,000 boe/day