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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 SideshowBob1on Oct 30, 2022 7:52pm
115 Views
Post# 35058900

RE:Zero plan for Production Growth while robbing shareholders

RE:Zero plan for Production Growth while robbing shareholders

You are missing the point of the current climate honey pot. Any material increases in capex and production will be met by punishment by the market.

Oil companies are shifting to new business models, the dividend has not been reinstated due to better uses for the capital, paying down debt and buying back shares until they re-rate. 

If oil prices are going to hold up, which we want them to, capital discipline is the new normal. Drilling to fill is the answer. Groups calling for windfall taxes on oil companies, yet damn near the entire sector trading at sub 10x earnings. And you want to blow all that free cash on growth to drive another bust cycle?? 

Be patient and let the rerate happen. And give your head a shake, honeypot. 

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