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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

Comment by Trappedon Feb 16, 2021 12:57pm
124 Views
Post# 32574443

RE:RE:RE:RE:RE:Vote No to Management Stupidity

RE:RE:RE:RE:RE:Vote No to Management StupidityI get where you're coming from but I can't understand why everyone is so surprised at the prospect of $60+ WTI when the modeling has called for this recovery for several quarters. i.e., It's obvious VII's Q4 is going to strong and that they structured the takeover the way they did because of its debt and lack of discipline on the management side, which is where ARX comes in. Assuming everyone has seen a nice bump recently, why not just sell and move on to greener pastures if you feel the premium and dividend are less than adequate? All I'm saying is this deal was done for a reason and a good Q isn't likely going to be enough to unravel it, especially in an environment in which everyone knew we were heading into a better market. GLTA however this turns out!
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