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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Bullboard Posts
Comment by Cardboard1on Oct 08, 2019 5:06pm
186 Views
Post# 30209196

RE:wow what manipulation

RE:wow what manipulation
Key here is financial strength of this company vs valuation.

These guys have so much room on their credit line vs others and debt/cash flow is very low that almost anyone would be bankrupt well before them.

Then net margin are pretty strong with 51% in Q2 excluding hedging or pretty impressive with 74% being nat gas.

You are getting this for $19,500 per flowing and pretty much equal to PDP NAV right now. This won't prevent it from getting cheaper but, that is a heck of a solid name available for a song.

They are also having a field day shorting PEY but, their debt ratios are not as good. PEY has the best net margins in the gas world with 61% in Q2 excluding hedging. That was really strong considering how bad Q2 was for nat gas and NGL and they only produce 14% liquids.
Bullboard Posts