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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
Post by pelletr1on Mar 10, 2020 9:44pm
120 Views
Post# 30791273

Break even point

Break even pointIf they cut the divvy at some point in the near future, and put a little capex on hold until next year, what does that do to their break even point for oil prices? Someone said they still make a few bucks with nat gas down in the 1.50s. I know there is hedging for 2020 and 2021, but I would think a div cut would ensure continued operations, minor capex, interest payments, and no new debt during these turbulent 9-12 months to come Those are all selling points to any investor, right?
Bullboard Posts