ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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

ARC Resources Ltd

Bullboard Posts

Post by largeinveston Mar 11, 2020 10:16am

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Post# 30792830

AECO strip $2.08 WTI strip $41

ARX fully funded down to $45 WTI and $1.50 AECO...In 2021 capex will be about $50 million lower and revenue will be higher as the full effects of our new gas plant get worked into the numbers...They may also cut the dividend by 50%...Those two moves would generate an extra $200 million in cash flow to offset the weaker prices and keep the payout ratio below 100%. User image