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 > Purgatory

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Comment by Quintessential1on Jan 01, 2024 5:16pm

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Post# 35806294

RE:RE:RE:Purgatory

Market Summary > ARC Resources Ltd

19.67 CAD+3.44 past year

Dec 29, 4:00p.m. EST •

Div yield

3.46%

https://www.google.com/search?q=arx+energy+stock+tsx&rlz=1C1CHBF_enCA874CA874&oq=arx&gs_lcrp=EgZjaHJvbWUqCAgBEEUYJxg7MhEIABBFGCcYOxidAhiABBiKBTIICAEQRRgnGDsyBggCEEUYOzIGCAMQRRg7MgYIBBBFGDwyBggFEEUYPDIGCAYQRRg8MgYIBxBFGDzSAQg1NzI5ajFqN6gCALACAA&sourceid=chrome&ie=UTF-8

I get ARX up 24.66% including dividends over the last year but YMMV. ;-)

Not too dismal.

GLTA ARX BULLS

SideshowBob1 wrote: ARX 1 year performance: 11.5% (including dividends)
VOO 1 year performance: +25.46% (including dividends)

I call that performance dismal in comparison. And its being compared because thats the universal benchmark for equity performance all investors should be comparing all their holdings to. If 80% of hedge funds can't beat the S&P500, what chance does the average stockhouse bull board poster have?

You indirectly highlight my point. These other names mentioned have higher FCF multiples after getting beat up last year. Does that make them more attractive for investment than ARX? Its a question that has two answers.
A) Yes, they are fundamentally cheaper and the market will rerate their valuation in due time.
B) No, ARX deserves a higher multiple due to having better management, having higher quality assets, and has a higher margin of safety for investors.

There is no room for a dividend increase with the capital requirements of Attachie and current commodity prices, one of managements best moves is keeping the dividend in the goldilocks zone of not being so high that they have to cut it when commodities decline, and just being high enough to provide investors a nice bit of income. IMHO.

Agreed there are much worse places to be, appreciate the reply. Interested to see if Canadian large caps can cook up any shale mega deals in 2024 following suit from the US majors. Good luck bulls, Happy New Year!