ARC Resources Ltd T.ARX

Meaning full Information Looks like This

[MyHoneyPot]

THIRD QUARTER 2019 HIGHLIGHTS • Cash provided by operating activities totaled $320 million in the third quarter of 2019.

Adjusted funds flow was $341 million, and after considering $285 million of capital investments, free cash flow was $56 million in the quarter.

The company remains committed to its full-year capital investment plan of $1.25 billion and expects to generate meaningful free cash flow in the fourth quarter of 2019 at strip pricing. •

7G completed its previously announced normal course issuer bid (NCIB), repurchasing and cancelling 30.4 million class A common shares, representing approximately eight percent of its common shares outstanding as at October 30, 2018, under that program. The company has received approval from the Toronto Stock Exchange (TSX) for a new NCIB under which the company may purchase up to 23.8 million common shares, or 10 percent of its public float, before November 11, 2020.

• Sales volumes averaged 204,600 boe/d. 7G remains on track to achieve second-half 2019 guidance averaging between 205,000 and 210,000 boe/d and full-year guidance of 200,000 to 205,000 boe/d.

• 7G continued to develop the company’s Nest 3 region with initial 120-day rates in the most recent upper and middle Montney wells averaging 1,972 boe/d (682 bbl/d of condensate) from eight wells. Drill & complete costs averaged $8.8 million per well.

• Within the Nest 3 region, the company tied-in a new lower Montney location, which averaged 2,280 boe/d (705 bbl/d of condensate) over the first 30 days of production. Along with data gathered from five previous lower Montney locations, 7G remains encouraged by the lower Montney, and plans to include its triplestack development profile within its 2020 capital program.

This is a meaninful 3rd quater report, we don't get anything like this from the current ARX management.

IMHO

[topdown99]

Actually "meaningful" looks like that . We all know english is a second language for you HC but at least try to look canadian . For later reference  Its quarter , not quater  Its you're , not your (you are)  Ignorance and indifference to local traditions are a big part of the anger in society where "charity cases" take your help and then spit on the very

[topdown99]

You know honeyclot , you kind of remind me of that old slope from Vancouver (peter) who always used to call market call (bnn) with his broken english . Oh , bess host ever , bess most intelligent guest , prease give expert opinion of XYZ . Take some language lessons PREASE  !!!!!!!!!

[uncutgems]

where do you find the time to watch bnn, bottomsup66? you seem to spend most every waking hour hitting refresh on the ARX bullboard. :)

[topdown99]

LMAO !!!! Anyone who ever watched bnn in the past 5 years know who I'm talking about . As for your inquiry regarding "my time" . I don't have to work junior , maybe one day when you grow up to be a real gem you too will be your own boss too . Until then , suck on it unglued

[SecondhandGnus]

This post is not funny--it is racist and abusive.  Please be better, since trying to "win" an investment cyber-argument isn't worth this kind of gutter talk.

[uncutgems]

unfortunately, SH has chosen to not moderate this person. why? I have no idea.