ARC Resources Ltd T.ARX

Today's Announcement with Cheniere

[Trapped]

Just my two cents on today's announcment of the additional supply agreement with Cheniere Energy.

I truly love the long-term view this company has taken on development of its properties (NEBC) and its overall LNG strategy. They're looking 5+ years ahead, when Canadian LNG will be booming. We'll be so well positioned and that's what makes this such an easy long-term hold for me as a value and income investor.

And to credit QE Buble on Twitter/X: "With one agreement, ARX will market more natural gas to TTF than Vermillion, without the windfall tax and punitive regulations."

I'm predicting a conservative dividend increase to $0.20 / quarter in Q1. 

Cheers and GLTA ARX Bulls.

[Quintessential1]

Common Trapped, surely there is enough room on the continent for ARX LNG and VET NG.  LOL Vermillion only pays WFTs after they bank 20% above their traditional profit margin.   Actually given that the Corib field has a limited lifespan, I see a time when ARX LNG is being offloaded to a VET regasification plant in Ireland and supplying them and the UK for years to come. But I own

[Trapped]

Good points, Quint. Despite the challenges, VET has a compelling story and I've held it on many occasions.  Our LNG future is going to be bright and I'm loving the PTs on ARX in the upper $20s.  Bring it on! Cheers and GLTA ARX Bulls.

[retiredcf]

TD assessed this new supply agreement as "Slightly Positive". At this point, there is no change to their $27.00 target. GLTA