Q: Over one year period PEY has had a much better, and even an opposite performance versus ARX wich seems to go "nowhere",even though it is a much larger ( and safer?) Cie ..I have an significant position on ARX , is there a better choice , should I diversifie in this sector with other Cies, or should I be more patient ? Since I wish to own a safe position for in the natural gaz sector for mid-long term ,thanks for always appreciated clarifications .
5i Research Answer:
We think PEY and ARX are 'fine'. We would continue to prefer PEY for the sector, but we think if one wants gas exposure and quality and safety then TOU is the one to add.