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 > January Buybacks

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Comment by silkoson Feb 08, 2023 8:35pm

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Post# 35276007

RE:RE:RE:January Buybacks

Trying to make sense of these buybacks and it just amazes me how corporations always buy high volume at high prices yet there no activity when s/p drops. It's not only ARX.

Go figure!

Quintessential1 wrote: Yeah I am surprised at the low amount they bought back given previous amounts bought maybe the writing was on the wall for NG and SP dipping? I hope they are buying back more in February and getting that NCIB down.

Here is a hyperlink to that site for buybacks:

https://ceo.ca/arx

Just click on SEDI INSIDER FILINGS on the left middle of the screen. It auto loads

GLTA ARX BULLS

GunnerG wrote:
ceo.ca/arc is a great site.

Look under SEDI insider filings and filter on ARC

Trapped wrote: I don't have a link but ARX bought back 1.8M shares in January at an average cost of $16.82. Given the current SP, I'm glad they didn't buy more.

Maybe keeping some cash on hand for a dividend increase, special, or it's possible that they're hammering the remainder of the NCIB now, which wouldn't be a bad thing.

Looking forward to Q4 financials tomorrow. Cheers and GLTA ARX bulls.