ARC Resources Ltd T.ARX

Liquids Rich

[MyHoneyPot]

Eric Nuttal is full of it!

While he supports WCS oil prices, condensate trades at almost double WCS. 

If we don't include the dry hardly economical gas from Sunrise, ARX is 46% Liquids.

Otherwise ARC is around 40% liquids, so it is a very liquids rich company, way more liquids rich that TOU and they will spank TOU in terms of FCF in Q1 2023.

Q3 2022

Last Quarter Kakwa produced 60% Liquids, 40% gas. So ruffly 53 percent of ARX production comes from Kakwa and it is 60% Liquids.

There is not another single play in Canada that produces 180 boe of 60% liquids play with 500,000 acres in Kakwa and a lot more perspective acerage outside the Kakwa area. 

Q4 will be transformational, unless management stopped drilling in Q4 at Kakwa. 

Management are inexperienced in their roles and they demonstrate their incompetance on a dailiy basis. 

IMHO

[iwpete]

why spank TOU?  mhp I own it  NO FEAR

[GunnerG]

,MHP is a whining, broken record, who thinks the only way to make money is condensate.  TOU is number one in Canada and he doesn't understand why Good thing he left for greener pastures.

[Squint1]

From the Q3 2022 reports   Q3 2002   Tourmaline ARC Gross Revenues         Natural Gas $989,106 59.0% $1,049,100 51.0% Oil $111,488 6.6% $83,500 4.1

[Squint1]

Effect of Liquids on per Boe price   Q3 2002   Tourmaline ARC Gross Revenues         Natural Gas $989,106 59.0% $1,049,100 51.0% Oil $111,488 6.6% $83,500 4.1%

[iwpete]

I'll just say this if you include TPZ ownership that TOU has, then TOU has no debt ARX debt same as WCP about one and a half billion

[MyHoneyPot]

Fair enough, TOU had a great Q4 because of their sale of gas to West Coast, fantastic wind fall and i can't wait to see their balance sheet after Q4, I think they could of given out more than a $2 dollar dividend per share.  Mike Rose, the most successfull Energy leader in Canada refrains from buying back shares when commodity prices are high, because your stock value is also high, it

[GunnerG]

WRONG again MHP. Mike Rose was buying when commodity prices were high.  CEO.CA/TOU As usual you just make up "your facts".

[MyHoneyPot]

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