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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 JoeDevon Feb 10, 2022 10:25pm
197 Views
Post# 34418981

RE:RE:WTF - Why so dour art thou?

RE:RE:WTF - Why so dour art thou? I understand your point of view and respect it. As we should all respect each other's investing goals. But until they buy back alot of those shares they issued to make that acquisition last April, I would prefer to wait for a dividend increase. Arx doubled its float and I feel that's why we're lagging behind other companies in share price, and I believe buying back shares will drive the share price up higher and faster than dividends. And that will put more money in our pockets much quicker. Look at VET. No divy yet. But share price left Arx in the dust. When they were neck and neck in Nov. 2021. Forget about their European Nat gas exposure for a second. Cause European Nat gas has been higher for a few quarters now. But Arx manage to keep pace in SP. But since last quarter divy increase in ARX. We've been chasing their taillights. Divy also cuts into debt reduction, FCF, and Arx ability to get float back down. Those things most important cause we don't know how long this oil price will hold up. And we gotta get debt and dilution straightened up first. History shows us 100 oil doesn't last more than a year. I know the world has changed and it could last longer. We'll see in time. All respect to everyone's view and opinion.
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