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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

Comment by PabloLafortuneon Aug 07, 2021 11:08pm
171 Views
Post# 33669029

RE:RE:RE:Investors should take comfort…

RE:RE:RE:Investors should take comfort…Q2 #s overall were enlightening in general though every E&P is down anywhere from 5 to 25% from their 52wk high.  ARXs #'s look good to me, honestly I don't see much reason to be concerned - they have to get the job done but certainly north of $1B annual FCF if prices hold and they are capex disciplined, similar to TOU profitability on a per boe basis IMO (and that includes an extra $3/boe of realized hedging losses) if not better.  Btw not sure which notes they can pay early and at what penalty if any.  For the capex, its just a matter of realizations vs capital efficiency really as this has a direct impact on cashflow. We'll see what happens but cautiously optimistic.
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