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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 Quintessential1on Jan 04, 2023 8:59am
89 Views
Post# 35202294

RE:RE:RE:RE:RE:Is Arx heading to 10

RE:RE:RE:RE:RE:Is Arx heading to 10Okay so pain then or pain later.  My guess is ARX did not have the option of buying their hedges 
back or it just didn't make financial sense.  

CVE buys back shares and their yield is not as high as ARX;s,

When I look at POU and TOU I see smaller share floats.  How does ARX get a smaller share float?

Buybacks.   Especially when the share price is undervalued and at a 2% tax discount to 2024.

It is a long game and returns are coming.  If you want the share price to be more. you are not long.

GLTA Longs

MyHoneyPot wrote: CVE bought back a lot of hedges.


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