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 > Any thoughts on the initiation of a NCIB buyback

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Comment by MyHoneyPoton Jun 23, 2021 5:19pm

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Post# 33436217

RE:RE:Any thoughts on the initiation of a NCIB buyback

Debt payback may need to be reviewed, based on real CF, not cash flow budgeted at 55 dollars WTI.

They may find that their CF is 30 percent higher than projected and they may have already met their targeted Debt to Cashflow objective.

They could redeploy that capital in a way that would benifit the shareholders.

IMHO

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