ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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.

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ARC Resources Ltd > BNN - John Zechner - ARX - Top Pick - Market Call

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Comment by Cheadle12on Aug 23, 2021 10:13pm

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Post# 33753225

RE:RE:BNN - John Zechner - ARX - Top Pick - Market Call

Just think, in Q2 Arc paid $250M to debt reduction.. or .35c per share.

When the balance sheet (in their words) is fully repaired - i.e end of Q4, 2021.. beyond Attachie build out, that .35c per share in Free Funds flow per quarter could easily finance a hefty bump in quarterly dividends.. in addition to large scale share buy backs via NCIB.

$1.40 yr in FCF, not bad.. when your stock price is $8. They could in essence buy back 20-25% of the company.

TimeBuilder wrote:
TOP PICK

Arc Resources Ltd(ARX-T)
22/08/2021 at 08:00pm

This is one of the darlings right now. It stands out because it has a great balance sheet. It also has light oil assets as well as natural gas. The price is right and the growth is there. (Analysts’ price target is $14.44)
OIL / GAS
John Zechner
$7.990

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