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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 screwuboton Jun 06, 2021 1:04pm
228 Views
Post# 33337503

Making my proxy vote count

Making my proxy vote countI often read people on this board expressing displeasure with Arc management. Although for the most part I disagree, this week most of us would have received the proxy for voting for and against members of your management team. One important matrix for me personally is management buying shares on the open market. It shows commitment with their own money like the rest of us retail investors. Those board members that rely on options granted to them and those that promptly sell those options in my opinion lack this commitment. One view of the list below summarizing some recent insider transactions may help some of you with you decision when voting. Complaining may make you feel good but supporting some board members and withholding your vote on others does send a message.
Sells in Public Market
 
 
  Date Name Shares Traded Value Shares Held
  2021-05-07 JONES, SUSAN C. -71,100 -$654,987.44 116,595
  2021-05-07 JONES, SUSAN C. -20,200 -$186,888.38 96,395
  2020-12-29 Pinder, Herbert -238,000 -$1,419,455.00 0
 
 
Buys in Public Market
 
  Date Name Shares Traded Value Shares Held
  2021-05-25 Anderson, Terry Michael 10,000 $89,700.00 165,592
  2021-05-21 McAllister, Michael 5,490 $49,483.02 29,590
  2021-05-20 Anderson, Terry Michael 10,000 $90,200.00 155,592
  2021-05-19 McAllister, Michael 5,400 $50,062.86 24,100
  2021-05-14 Olsen, Lisa Ann 3,350 $29,915.50 21,080
  2021-05-14 Olsen, Lisa Ann 1,330 $11,916.80 17,730
  2020-12-04 McAllister, Michael 4,100 $24,600.00 18,700
  2020-11-25 McAllister, Michael 3,800 $25,213.00 14,600
  2020-11-10 McAllister, Michael 10,800 $66,629.52 10,800
 

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