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Bullboard - Stock Discussion Forum 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... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Zero plan for Production Growth while robbing shareholders
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Post by MyHoneyPot on Oct 30, 2022 2:27pm

Zero plan for Production Growth while robbing shareholders

ARX in the end will only line the Pockets of Nine Points partners and without them the management team would have zero supporters.  

Quintessential1 

It is really hard to really discuss anything with you, because you mind seems to be lost in the Gutter. You should get some help with that, in fact a lot of people may not feel safe around a person like you.

Dividend Cut

Yes it was almost two years ago ARX management slashed the dividend by 60% and they have never reinstated back fully. Even with 120 dollar oil and gas off the charts, management has this pathetic way of setting the bar so the dividend so it will never change, and they will only review it once a year, 

The fact is they cut it before and they will cut it again regardless of what they use in their model and business owners that is what shareholders are expect that. Not the fiscal wizardy of Bibby, which i have zero faith in.

Kakwa

All that ARX has done is reduced the value of Kakwa with its poor management and ridiculous optimization plans. Terry publicly has stated that he thinks optimized production in 180,000 boe, but what does Terry know, in fact he has a big chip on his shoulder and needs to get over it. 

ARX has no growth plan without growth at Kakwa, management should wake up and smell the roses. They were forced to move all their rigs from NE BC to kakwa, are they going to make the best of it or do it with a bad attitude. 

IMHO
Comment by Quintessential1 on Oct 30, 2022 4:39pm
You don't discuss anything. Why are you here if you don't like the stock or the management? Those of us that do are tired of listening to you. GLTA longs
Comment by SideshowBob1 on Oct 30, 2022 7:52pm
You are missing the point of the current climate honey pot. Any material increases in capex and production will be met by punishment by the market. Oil companies are shifting to new business models, the dividend has not been reinstated due to better uses for the capital, paying down debt and buying back shares until they re-rate.  If oil prices are going to hold up, which we want them to, ...more  
Comment by MyHoneyPot on Oct 30, 2022 8:58pm
I don't believe it, companies that have aready meet the rerate threshold have not rerated yet and ARX has a long way to go to match the balance sheet and share count that companies like TOU have. TOU is not getting rerated, and they are going production, like a said already from 410,000 boe day in Q1 2021 to over 500,000 boe a day currently.  You have a Liberal government where the ...more  
Comment by SideshowBob1 on Oct 30, 2022 10:37pm
Here's some earnings numbers from a company I know nothing about but illustrates the point perfectly. Imperial Oil: Quarterly net income of $2,031 million and cash flow from operating activities of $3,089 million Upstream production of 430,000 gross oil-equivalent barrels per day driven by strong production at Kearl and Cold Lake   Sustained strong ...more  
Comment by Trapped on Oct 31, 2022 8:21am
Guy, just shut it and go back on your meds. Like seriously, you're only embarassing yourself at this point. Nobody wants to read the same useless garbage you've literally spewed hundreds upon hundreds of times. Get help and change the channel. 
Comment by Quintessential1 on Oct 31, 2022 8:28am
Amen brother.  Looking forward to earnings.  There will be enough crow to go crow to go around for all of these scavengers. Anyone see NG prices this morning? ;-) GLTY and all longs
Comment by Trapped on Oct 31, 2022 9:05am
Agreed, Quint. And I'm going to put my neck on the line and predict a significant dividend increase announcement with earnings this Thursday. Either way, FCF will be prodigious.
Comment by sirmevl on Oct 31, 2022 11:19am
I don't think this will be the quarter they increase dividens . My thoughts are they think their a $27 stock so pick it up cheap while they can. When the price  gets  more inline then they will increase the dividen .  Also o don't think this will be a stellar wauorter until the hedges are gone . just my opinion. Either way I'll hold .
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