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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > As The Kelt Board Turns
View:
Post by Quintessential1 on Sep 07, 2024 4:40pm

As The Kelt Board Turns

In today's episode the poo pot posted:

"I have looked at some companies that in mid August were buying back their shares at close to all time highs to find they share have closed down 17.5 percent as of last Friday."

ATHs huh.  Moron.  52 week highs?  Maybe.  

Kelt should be buying back shares after all they are close to 52 week lows. LOL

He then goes on to say:

"
If they want less shares do a 2:1 consolidation of shares, rather than evaporate shareholder capital"

Yup.  That shows his understanding of how corporate share structure works.  Tool.

Anyway after that little gem he goes on to praise his stock's value by stating:


"In the last month Kelts share price is marginally down, about 4%"

Yeah its hard to fall too far when you're already stting on the ground.  LOL

Now if you are ARX and just came off making 52 week highs its easy to fall about 3%.  Yeah that is actually how much they are down over the last month. 

Less actually.  Here have a peek.


User image

https://www.google.com/search?q=arx+energy+stock+tsx&rlz=1C1CHBF_enCA874CA874&oq=arx&gs_lcrp=EgZjaHJvbWUqCAgAEEUYJxg7MggIABBFGCcYOzIJCAEQRRg5GIAEMgwIAhAjGCcYgAQYigUyBggDEEUYOzIGCAQQRRg8MgYIBRBFGDwyBggGEEUYPDIGCAcQRRg80gEIMjg3MWowajmoAgCwAgE&sourceid=chrome&ie=UTF-8

But even with that drop ARX YTD SP is out performing Kelt's YTD by double!

And ARX pays a dividend which makes it triple the ROI of Kelt this year. 

BTW Kelt is down 26% from 52 week highs  ARX 15% (and they pay a div) 

OK room for one more - poo pot says:


"Oil companies do have capital investments sometime in terms of drilling, you can have cash in the bank or perhaps in a highly productive gas reserve (DUC) with the intent to bring it on when prices and hedging will support the production economically. There is strategy to all this drilling, its not done without consideration for cashflow and enterprise risk. "

He also says:


"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"

That's called talking out of both sides of your mouth and the poo pot is a pro at it.

Anyway I have no problem with the pull back on commodity pricing.

All the E&Ps did.

EASY HOLD ;-)

GLTA ARX BULLS
Comment by Trapped on Sep 07, 2024 5:12pm
LOL, Leakey Bill gets owned again! Well done, Quint.
Comment by Westcoastenergy on Sep 09, 2024 10:51am
MHP, all those detailed, negative posts over years and he couldn't see the forest for the trees!  So misguided.  I definitely do not miss his posts on this thread. As for returns, no complaints here and I am looking forward to an ever increasing dividend over the years forward.
Comment by Quintessential1 on Sep 09, 2024 2:02pm
Yeah but do you remember all the positive posts inbetween those negative posts about how the stock would rerate?  Those were bang on we are about to see it happen and he's missing the boat because he abondoned ship and is clinging to a life raft. GLTY and ALL ARX BULLS
Comment by MyHoneyPot on Sep 09, 2024 3:27pm
If you guys want to keep talking about me, maybe I should honour you with my presence. Some of my past comments really revolved around 4 things. 1. The Largest Hedging loss is the history, the removal of the hedging endorsement video by management, the investment in dry gas at Sunrise that has result with more shutin of that production. No meaningful growth in 3 years.   2. Option ...more  
Comment by Trapped on Sep 09, 2024 4:15pm
Thanks, Bill / Poo Pot, but I wouldn't exactly say we 'want' to talk about you. And congratulations on picking an industry-wide drawdown as the optimal time to repeat the same points you've already made a thousand times. Now, get your leakey brain back to the KEL board like a good little cheerleader. That dog ain't gonna pump itself!
Comment by MyHoneyPot on Sep 09, 2024 5:35pm
I have a joke for you, what worse then share buy back at a price of $26.28 on Aug 1.     1. Perhaps investing 100 million in a postage stamp dry gas play like Sunrise and Shutting it in, pursuing ulta dry gas, (bad bad bad). or      2. No meaningful increase in production in the last 4 years? or      3. Setting a goal to reduce the share count by 50% which ...more  
Comment by Trapped on Sep 09, 2024 5:48pm
Hey, Bill, I have a joke for you... Who's more pathetic? A pump-and-dump artist who's real excited about a $6 stock or a butthurt moron who trolls a management team who rejected a crappy sales pitch from Tveon Canada? Surprise! The answer is both! Your brain is Leakey... Better get back to the KEL board for some additonal pumping... You haven't quite hit your target of 25 posts per ...more  
Comment by MyHoneyPot on Sep 09, 2024 7:22pm
Your sure fixated on me Trapped, you may need to get some help! Go away MHP IMHO
Comment by Trapped on Sep 09, 2024 10:15pm
Go away? You feeling okay? This is the bullboard for ARX and I'm a passionate shareholder. You, on the other hand, are nothing but an annoying troll. Why don't you go away, Bill?
Comment by Quintessential1 on Sep 09, 2024 11:05pm
Well I guess it really revolves around 3 things because two of these points, 1 and 3, both seem to be about Sunrise.  LOL.  Leave it to the poo pot to not be able to count to 3 1. The Largest Hedging loss is the history, the removal of the hedging endorsement video by management, the investment in dry gas at Sunrise that has result with more shutin of that production. No meaningful ...more  
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