ARC Resources Ltd T.ARX

Squandered Opportunity - Kakwa

[MyHoneyPot]

Terry Anderson was handed a Golden Goose on a silver platter, the most prolific play, the most economic production, in the best commodity enviroment. 

With billions of dollars of infastructure built, all the future transportation required, and the most supportive and economic commodity enviroment, ARX management squandered the opportunity. 

Not only could they not pursue plant expansion at SunSet (100 million), they were and still are a long way off for any kind of sanctioning at Attachie. 

So Kakwa a play that represents the most prolific wells in the Montney, with the best well performance, with plant capacity in place (1/2 cycle) to double production capacity, with the ample transportation, Management Squandered the Opportunity. 

Time for new Management, they sat on their hands, pursued 5% improvements in economics in a 20% inflation enviroment, destroying the value and opportunity of the most prolific play in the Montney. 

Management must go, they are totally incompetant. 

IMHO

[Trapped]

You couldn't be more wrong if you tried. Terry absolutely stole the golden goose from a company that was trying to grow its production too fast in a declining market and became heavily overleveraged. Sucks to be VII I guess but the strong always survive and ARX's balance sheet remained pristine throughout the entire downturn. They were in a position to pounce and now the future looks very

[Quintessential1]

You can't even spell incompetent. Easy hold! GLTA ARX BULLS

[SideshowBob1]

Honeypot, when are you going to wake tf up? Kakwa at this point is a mature play. The tier 1 acreage has been explored, they still have a ton of drills left, but growth is off the table for kakwa, Arx management understands the value of it a lot more than you. Kakwa is the ace in the hole.  As evidenced by the 23 budget, development costs are going up, if arx wanted hyper growth in kakwa

[MyHoneyPot]

Listen to the earning call, you will hear that Kakwa has more than 1000 locations conservatively booked. Look at the top wells in the montney, the majority are drilled in Kakwa.  They more than 2 billion in plants at Kakwa running at 49% and if you listen to the confrence call there is a lot more resouce there beside the montney. Shake you head, take a pill and check in with reality. IMHO

[Volkomm]

Exactly this. MHP brings up some good points about $ARX management failings. They have had a few missteps but I believe they are on the right path now. Dividend is glowing appropriately, debt is in a good spot, and they are top-quartile for share buy-backs. The VII Kakwa infra was built way too big for the acreage. The well decline's in that play are massive. MHP you say they have 1,000

[Quintessential1]

Exaclty what?  All mhp keeps saying is that he wants to fire a managment that has raised the share price over 150% and increased the dividend 200% in the last 2 years. That is a hard no from me. Stay the course.  Easy hold! GLTA ARX BULLS

[Windsorman]

With nat gas up over 5% today and increase in dividend this is a very good investment. Earned $1.13 the last two quarters. Long cold winter is here already. GLTA

[angelnicky]

gs cuts prices in 2023 stocks cuts will forthcoming

[Quintessential1]

Yeah are they undercutting your mom on a blowy and a handy? Otherwise known as a slurp and jerk combo at GS Stocks will be fine ARX will be better EASY HOLD GLTA ARX BULLS

[Cheadle12]

You really are a vulgar & vile individual.  If you think you add any value on this investor forum other than to highlight your red neck / rough neck / trailer park upbringing, you are incorrect. Well said MHP, you offer value, whether people agree or disagree, it's good analysis.

[Quintessential1]

STFU DB!   I am invested and you and mhp can KMA! LOL GLTA ARX BULLS

[Quintessential1]

LOL.  It is not even mhp's post or analysis.  You are an idiot cheedle.

[Cheadle12]

[Quintessential1]

Cheese needle D Only losers bash stocks they don't own on boards they don't belong on. Thats you right, loser? GLTA ARX BULLS

[Trapped]

Umm, actually Quint's a dedicated ARX shareholder and only says what he says to call out cowardly bashers who spread misinformation about the company and its prospects. ARX is an extremely solid blue chip and I'm getting tired of the constant lies from the bashers. I'd take his comments over those of the haters any time.

[angelnicky]

CNBC Cramers shows that based on TA, oil may move lower from high 70 to mid 60 and after that it will take a bounce to move upwards to 80 and then 90

[Quintessential1]

OMG was that a positive post?   When Russian sanctions imposed by the EU kick in Oil and NG are going up. Not sure how that  TTF NG gas cap is going to work but I am guessing it won't. Capping energy is a government subsidy.  You can't legislate a fixed price or they will just sell it somewhere else.  It doesn't really affect ARX too much in the long run

[yureja22]

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