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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 Cheadle12on Jul 16, 2021 6:09pm
233 Views
Post# 33564151

TOU vs. ARX

TOU vs. ARX

I hold ARX (and TOU to a lesser degree).. but we are really seeing the difference now in mgmt between the two.

Tourmaline is active, buying assets, carving off GORR's to help finance and growing production through M&A on the cheap.

ARX is sitting on their hands, languishing.. "integrating" VII .. 

I do think that MHP has a good point about a weak mgmt team here, great assets, but mgmt could be doing a lot more..  and it's causing the share price to suffer as a result.


https://boereport.com/2021/07/15/tourmaline-announces-closing-of-black-swan-energy-acquisition-and-a-new-long-term-gas-supply-agreement-with-cheniere-energy/

 

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