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 > ARE BUYBACKS A WASTE OF CAPITAL?

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Post by Quintessential1on Oct 04, 2023 5:37pm

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Post# 35669916

ARE BUYBACKS A WASTE OF CAPITAL?

At 115 M shares bought back ARX saves over $114 MM each and every year on dividends.

They also increase EPS metrics by 115M / 723M x 100 = 16% moving forward.

All this while reducing debt and increasing production which results in what?

You guessed it ....increased dividends!

Buybacks and debt reduction and divies ....Oh my!

GLTA ARX BULLS

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