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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 spacegimpon Jul 29, 2021 6:43pm
191 Views
Post# 33629838

don't bother reducing debt anymore !

don't bother reducing debt anymore !"ARC's net debt excluding lease obligations outstanding was $2.1 billion or 1.3 times annualized funds from operations." 

we are headed to $80 oil /condensate  , that statement above is  based on $60 oil 

i understand the fear from the last 7 years... but     this is a   new era, focus on divys and   a bit of development
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