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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

Post by MyHoneyPoton Apr 29, 2021 9:25am
134 Views
Post# 33089877

100,000 boe of Oil and Liquids

100,000 boe of Oil and Liquids
With oil at 65.38 U.S. this morning as we speak, it is not those gassy boe that will move this stock. ARC produces roughtly 3 Times the oil and condensate that TOU produces and still the management of the company can not garner the respect of the investment community. Do you think maybe it is because the have none/zero of their own money at risk? 

ARC should trade at a premium to TOU and today with oil at 65.38 condensat is trading at roughly 67 dollars U.S.  Using a 80 cent exchange rate that make a boe of condensate equal to 83.75. The AECO price for gas is roughly 3 dollars that make on boe of condensate equal to about 28 mcf of gas or 5:1 for every boe of condensate.

So the dismal market acceptance of this deal, VII generations share holders would of been way better off without ARC.

The cash they are generating right now is getting into stupid terriority. The only ones holding the bag here are the share holders.

IMHO
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