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.

TSX:ARX - Post by User

ARC Resources Ltd > Is Arx heading to 10

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on Jan 03, 2023 6:19pm

102 Views

Post# 35201724

RE:Is Arx heading to 10

You seem to hold "hedging" up like it issome kind of magic lose button.

1. it is possible to come out ahead with hedges especially when gas prices are going down.
(If commodity prices stay at these levels ARX hedging losses will be less for 2023)

2. If ARX had bad hedges in place ( I have seen the blame put on VII Gens and with their debt I do not doubt it was neccessary) and they still did extremely well with profit and FCF and dividends, why wouldn't they now? Commodity prices are higher than prepandemic and they produce way more.

GLTA