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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 Oct 21, 2021 9:17pm
97 Views
Post# 34035622

RE:RE:RE:RE:RE:RE:RE:One or Two Years Setback?

RE:RE:RE:RE:RE:RE:RE:One or Two Years Setback?The hedging strategy is dumb, and Management had defended it which is even more stupid.

The will have twice the hedging losses of any company, so they are not even in the ball park of being aligned. What makes you think they will do any better in the future, it is robotic, and who would hedge out 3 years with 40 dollars hedges, only someone that has no clue regarding what they are doing. 

It will take years to unwind those hedges, and 740 million loss is more than they spent on Kakwa the entire year. The bigger risk regarding the hedges is management putting more on, they are incompetant. 

Why hang 3 years and see if they do the same mess ups all over again.

Pathetic Management.

IMHO
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