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 > Peters Report - ARX has Brain Dead Management

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Comment by MyHoneyPoton Oct 19, 2021 2:39pm

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Post# 34023773

RE:RE:RE:RE:Peters Report - ARX has Brain Dead Management

It very much like the royalities TOU gave away, top line with no costs like production/royality/transportation, impact directly your bottom line netback per boe. Done with a stroke of a pen and destroys a lot of good work.

ARC management did the same thing, to half their condensate production and made it low value.

This is really ignorance, regarding what they are doing and the long term impact on the company. Companies the size of CNRL zero hedges.

So management is really more mom and pop and not very smart.

IMHO

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