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 > Where is myhoneypot

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Comment by CashHungryon Nov 04, 2021 10:43pm

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Post# 34090221

RE:RE:RE:RE:RE:RE:Where is myhoneypot

The hedges suck, I get it. But I don't think anyone reasonably predicted gas would spike the way it has. The good news is the hedges drop off to 223 mil in '23 and 104 mil in '24, so less damaging moving forward.

Everyone knew the hedging losses would be huge before the report. What we didn't know was the operational excellence, the big dividend bump, and the huge commitment to return 50 to 80% FFF back to shareholders. This is a very good news report, so smile.

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