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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 NothingBurgeron Apr 23, 2022 6:12pm
211 Views
Post# 34626624

RE:RE:RE:Share Buybacks

RE:RE:RE:Share BuybacksIf you think the valuation is not very good on the stock then isn't buying back shares exactly what you want management to do? At current strip ARX is probably generating a 30%+ free cash flow yield. Yes there are some short te hedges that have downside on this, but they are temporary and will roll off eventually. I agree the shares are undervalued here so why not buy back as much as you can? Where else can they be rewarded by the market and generate 30% yields on low risk capital investments? Would you rather them pay down 4% debt? Make an another acquisition?
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