Post by
northman on Apr 12, 2023 11:39am
April Investor Presentation
Morning All,
Correct me if I am wrong, but I believe there is new language in the presentation about wanting to buyback enough shares to get to pre-merger levels by 2027 ish. That would mean about another 250mm shares repurchased.
2026/2027 timeline for me looks pretty amazing:
1. 350mm shares outstanding
2. Attachie in full operation / cash flow mode
3. LNG Canada pumping at full steam
4. Cheniere energy train 7 operational giving ARC exposure to Global LNG prices
It's hard not to look forward with rose coloured glasses at this point. My investing time horizon for ARC is at leas 20 years, and I firmly believe that this company will be crushing it over that entire timeline.
Comment by
Sunsurfer12 on Apr 12, 2023 2:09pm
Thanks Northman for the heads up on the new presentation. reviewed it..given its an April presentation, wish they had updated the hedge book from December for contracts expired by March 31. The future sure does look bright though...again think that if anyones thinking of doing material M&A in Canada's energy patch, ARX would have to be top of the list..
Comment by
Quintessential1 on Apr 12, 2023 6:21pm
You are not wrong. That is a lot of buybacks. That 70 million I was speculating about seems small. GLTA ARX BULLS