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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 Sunsurfer12on Apr 21, 2022 10:35am
124 Views
Post# 34619962

RE:Share Price is a Reflection on Management

RE:Share Price is a Reflection on ManagementAre you sure they can actually spend much more than the $600m plus already going in kawka...effectively? My large project experiences have been that often more cash spent doesn't necessarily result in much faster progress given sequences required. If so, that leaves a high growing pile of cash...cant do m&a now..too expensive..grow dividend? Sure..maybe some one time excess dividends..still think a reasonable buyback may also have a role to play although wish they had the cajones to do that when we were under $5.
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