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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 MyHoneyPoton Aug 12, 2021 12:18pm
93 Views
Post# 33694333

RE:RE:RE:RE:RE:RE:RE:RE:60% of your Company Disapproves of Management

RE:RE:RE:RE:RE:RE:RE:RE:60% of your Company Disapproves of ManagementSounds like another hope and pray meeting, things are going to work out, i just know it.. It doesn't require capital, and look how well paying off debt rewards the share holders, it doesn't the stock keeps going down. Paying off 2% debt is a waste of time, when you have a resource opportunity like kakwa, and every day there is an opportunity cost. 

You would think 500 million debt reduction should add what? 70 cents a share, sorry but the stock is going in the wrong direction. The enterprise value is shrinking both from the debt side, and the market cap side. Does this sound like a get market perception of what management is doing, i think not.

IMHO
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