ARC Resources Ltd T.ARX

Meanwhile, Over At The Kelt Board

[Quintessential1]

The poo pot was seen lamenting:

"ARX i don't want to talk about because my opinion is much different than others, and some shareholders take offense to my opinion. "

It's not that we take offense poo pot,  it's that your opinion has been proved wrong on just about every level and metric since day one and nobody trusts in an opinion that refuses to yield to facts.

Facts: YTD = Jan 01 2024 open  to  Aug 28 2024 close
           ROI =  (Aug 28 SP + all divs paid to date - Jan1 SP) / Jan1 SP x 100

TOU YTD share price +4.21%   2.13% yield      8.39% ROI YTD
KEL YTD share price +10.60%       0% yield    10.60% ROI YTD
NVA YTD share price +16.99%       0% yield    16.99% ROI YTD
POU YTD share price +7.21%   6.51% yield    11.87% ROI YTD
ARX YTD share price +27.26%  2.73% yield   28.99% ROI YTD
CR    YTD share price +56.70%      0% yield   56.70% ROI YTD

I included Crew because they are the big fish this year so far in this peer group.

But

CR   1 year  share price +11.25% + no divies  $0.0 = 11.25% ROI
ARX 1 year  share price +22.03% + all divies  $.68 = 25.35% ROI

So even with the buyout you were better off owning ARX a year ago!

And poo pot owned neither. ;-)  LOL

GLTA ARX BULLS

[Trapped]

So true, Quint. I nearly spit up my coffee when I read that chestnut. The biggest failing in any investor is the inability to admit when he is wrong. And, make no mistake, he is dead wrong, clouded completely by his unknown, petty bias. Looks good on him, I say. Cheers and GLTA ARX bulls!

[MyHoneyPot]

Well i don't think i was wrong about ARX and it is a poor investment.  Sunrise the dry gas meca of N.E. BC is shutin because of the poor economics of gas, poor investment decision.  The longer they keep Kakwa production flat the more gassy it gets, meaning worsening economics.  ARX management is afraid to hedge anymore because of their dismal history in hedging creating the

[Trapped]

This post has been removed in accordance with Community Policy

[Quintessential1]

LOL.  Beetlejuice, Beetlejuice, beetlejuice!  Yes poo pot they shut in Sunrise...but the gas doesn't go away...the cap ex isn't wasted...just waiting for seasonal pricing to return and LNG Canada to start up and then open the tap and let'er flow. They did hedge poo pot. But only enough to cover cap-ex.  Why do more? Let's not forget that Sunrise "the little

[Trapped]

LOL, MHP just got OWNED! Be gone now!