Post by
DukesMtl on Feb 27, 2023 1:50pm
LNG Glut will put downward pressure on ARX & TOU
This Glut in LNG to peak by mid summer due to a ridiculously mild winter across the Globe!
Producers ramped up NAT Gas production only to find no home for it and will be burning it off like was always the case pre-covid and war in Ukraine.
Spring 2023 will be the softest price point for NAT Has ever recorded in history and could go NEGATIVE!!!
What will this do to ARX & TOU SP?
My advice is to sell 1/2 your position or more and but back in at 3-7 range in May, June 2023.
Comment by
silkos on Feb 27, 2023 8:27pm
No one asked for your advice. You already sold, bye bye!
Comment by
DukesMtl on Feb 27, 2023 10:01pm
You don't sound very happy
Comment by
Quintessential1 on Feb 28, 2023 7:23am
Not one post before he supposedly sold his shares. Don't waste your breath on that chump. He doesn't own he didn't own and he obviously lnows nothing about this stock. GLTA ARX BULLS.
Comment by
DukesMtl on Feb 28, 2023 5:51pm
I just wish I had sold earlier when the SP was north of 20 and oil was 120e's and gas was 6-8. Now, things have changed and gas will be going to ZERO in a couple of months. Happy to have jumped ship at 15.22 and watching for 6-8 range to buy back in.
Comment by
angelnicky on Feb 28, 2023 6:34pm
Well shut in will start Hedging will start Buybacks may be cancel Div will be cut to zero to conserve cash Management will freeze salary and no incentives Run is over and south we go
Comment by
Quintessential1 on Feb 28, 2023 7:05pm
You definately are as dumb as your posts. Maybe dumber. AN and DM....dumb and dumber. GLTA ARX BULLS
Comment by
Quintessential1 on Feb 28, 2023 7:01pm
Are you as dumb as your posts?