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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 WAS1on Jun 09, 2021 1:29pm
93 Views
Post# 33355856

RE:The grass isn't always greener

RE:The grass isn't always greenerI have to say I get a kick out of MHP's rants on here. Don't fully agree with him but he does make some valid points (sometimes OVER and OVER again). Agree with management on one aspect, and that is keeping debt down.  If 7G would have focused on their debt instead of instituting an NCIB they may have been the ones running the show here (hopefully w/o the CEO however).  Where MHP and I are in agreement is on management.  From what I've seen (and am now hearing), this isn't the 7G "B" team running the show, this is a "C" or even "D" team running the show.  Hal negotiated a great deal for Arc shareholders, hopefully he keeps his "C" team in check over the next while until Terry and Chris can grow and figure out their new positions or else removes them.
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