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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 Farmer12on Nov 13, 2021 5:08pm
270 Views
Post# 34123759

RE:TD Note

RE:TD NoteStorm Q4 production will be very roughly 5k BOE/day oil and 27k gas (6/1). This transaction was for $960 million and 960 million /32000 bpde = ~$30,000 per barrel production. If you apply that metric to Arc, at 350000 boe/day you get a value of about $10.5 billion compared to current market evaluation of about $8.78 billion, or a comparative discount of about 20%. At a similar evaluation, Arc would be worth about $14.80 a share. Arc is a much bigger and relatively more valuable company than Storm, with all due respect. My estimates are very rough, so please do not heap too much scorn on my poor effort. My wife has pointed out all my many flaws very thoroughly for over fifty years.
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