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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 Jul 08, 2021 10:43pm
154 Views
Post# 33519650

Splitting Hairs

Splitting Hairs
It looks like the build for natural gas is a massive 16 BCF, essentially the first week of july with a 16 BCF gas build it so close to zero, i would call it zero. 

https://ir.eia.gov/ngs/ngs.html

Zero natural gas build and no shoulder season left, means all we have to look forward to is higher prices, better markets, and a better share price for ARC.

It seem to me that management is not sharing its plans for kakwa, and the real plan is to pay for Attachie from the sale of Kakwa infastrucutre.  If that results in fixing the balance sheet, and increasing the dividend to 60 cents a share, i am all in. 

IMHO
 
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