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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

Post by iwpeteon Feb 10, 2023 2:57pm
875 Views
Post# 35280384

I'm probably all wrong

I'm probably all wrongbecause the share price will shoot up like a rocket on what Terry said

But
a good CEO would have said
we're putting Attachie on hold till we pay off the debt and can fund the project out of cash flow
we're paying the shareholders a special div for their patience
we're continuing to pay down debt and buy in shares when the price of shares are deemed too low
and we're not increasing production till there is a pipeline exit to LNG which as it stands is still years off


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