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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

Post by MyHoneyPoton Apr 27, 2022 2:34pm
131 Views
Post# 34636423

Listen to CVE

Listen to CVECVE has been doing buybacks, but they say they will be opportunistic about them. The just don't take a hands off approach with a brokerage house. 

They also suggest special dividends, not everything has to go to the balance sheet.

ARX seems to have ignored the shareholders need for dividend, this is the lowest it has been for years with the best price deck they have seen in years. 

Just imaging with these high prices how much all that transportation would now be worth at Kakwa. 

I don't see anything that ARX management has done, that actually has improved the business opportunity and business enviroment. 

IMHO

 
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