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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

Comment by MyHoneyPoton Aug 30, 2021 1:33pm
104 Views
Post# 33782231

RE:RE:RE:RE:RE:RE:Receives TSX Approval for Normal Course Issuer Bid

RE:RE:RE:RE:RE:RE:Receives TSX Approval for Normal Course Issuer BidThey named Attachie after a chief for all the good it has done them. 

So i don't expect anything from Attachie, and the share buyback can only be justified because the stock is trading at such a dismal level.

Kakwa would be producing 220,000 boe a day if not purchased by ARC resources, instead it is a tad over 170,000 boe, i guess this is represenative of ARC management adding this value to the equation. 

ARX has a major problem, and it exists in their oval office. 

IMHO
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