ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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.

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ARC Resources Ltd > Management missed it Change

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Comment by GunnerGon May 10, 2022 12:27pm

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Post# 34670752

RE:Management missed it Change

What the heII are you saying with the title of your post.

Try reading your posts before you send them. Every post your english is that of a 4th grader.

MyHoneyPot wrote: Returning capital to Selling Shareholders

Management could of returned more capital to shareholder, that were selling their stock at $19 dollars with their buybacks.

Q1 Financial Statement

During the three months ended March 31, 2022, ARC repurchased 13,076,000 common shares under its NCIB at a weighted average price of $15.00 for a total cost of $196.3 million.

They should not be playing this game, it would be better if they gave a real dividend. If the dividend justification is 40 dollars WTI and 2 dollar gas, so should the buy backs. ARX net asset value at $40 WTI and 2 dollar gas, what do you think the stock would trade for at those prices $6 dollars?

IMHO