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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near Grande Prairie and the region includes Kawka and Ante Creek. Kawka is a premium condensate-rich and high-deliverability natural gas play with top-tier development opportunities. The Company’s operations in northeast British Columbia feature low-emissions assets and are strategically connected to third-party egress and hydroelectricity. The Company’s operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland 3-9.


TSX:ARX - Post by User

Bullboard Posts
Comment by NewfNewfon Jun 28, 2019 8:06pm
166 Views
Post# 29875320

RE:ARC Just Released This And I Believe Them

RE:ARC Just Released This And I Believe ThemI took a small position yesterday (10 % of what i want) and do think the curent dividend is safe with about 80% certainty. I only say this due to their track record when it comes to dividend cuts so it would not shock me if it goes to 4 cents for example to maintain the25% payout ratio. However, this is a much stronger company now with a great balance sheet thus i don't see a cut coming anytime soon. Great reward here for those with a little patience. Easy for me to say since i'm just entering here but don't be shocked if it sees the 5's. That will get some more of my money. just my two cents 
Bullboard Posts