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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 19, 2021 10:02am
73 Views
Post# 33568679

ARC Management Fail Shareholders

ARC Management Fail ShareholdersJunior management at ARC are failing shareholders in a miserable manner. 

Full cycle capital projects, dividend cuts, and they talk about seven generations debt, they have not had to spend a dime on seven generations form a capital perspective, all their capital pursuits on ARC infastrucuture and it will never stop. Add all the capital that ARX has spent on capital projects to their debt and you will see why they are a money pit. 

You have junior management that likely have never ever bought a share in ARC on their own. 

IMHO
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