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.

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ARC Resources Ltd > MrHoneyPot

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Comment by Cheadle12on May 05, 2021 9:41pm

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Post# 33138159

RE:RE:MrHoneyPot

It's not an apples to apples comparison..

Nat Gas is cheaper to produce (but less revenue), therefore the "BOE conversion" is a general rule, but TOU's gas weighting is much higher, thus the cost per BOE will be lower.

I thought it was a good quarter.. this will be a $12 stock by Q4.

Whocares2020 wrote: I 2nd that =)

debt reduced by 18%
351,204 in production
$3.85 per boe costs are a little high....vs say TOU which was .21 cents cheaper per BOE....
realized natural gas price of $4.60 per Mcf - not too shabby.