ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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.

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ARC Resources Ltd > Listen to CVE

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Comment by GunnerGon Apr 27, 2022 6:33pm

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Post# 34637189

RE:RE:Listen to CVE

He makes no sense at all. Whines about SP being low because of poor management. When they buyback stock its a bad move. Isn't that the best time, because the SP is low. Huh. Logical to him I guess.

Talks of CVE buybacks as being ok when ARC is doing exactly the same thing. Quote from ARC NR "ARC believes that when large dislocations exist between the share price and the intrinsic value of the business, an NCIB can increase shareholder value and per share growth in the business." Exactly what CVE is doing.

So ARC is doing NCIB and the genius mentions hands off approach with brokerage. To bad he didn't comprehend what was in the NR. The hands off approach was for when ARC was in blackout periods, the rest of the time ARC was in control. A TSX NCIB requirement maybe. Oye.

Quote "The Company has, in connection with the NCIB, entered into an automatic share purchase plan with a broker to enable ARC to provide standard instructions and to purchase Common Shares on the open market during self-imposed blackout periods. Outside of these blackout periods, Common Shares may be purchased under the NCIB in accordance with Management's discretion.

Arc has ignored SH needs for dividends. Lowest divy in years. Huh. Management only increase the divy by 52% last quarter. FYI, even with a triple in CVE dividend, it still doesn't match what ARC is paying their SH.

With every post he only shows how ridiculous he really is and how his so called research is. Not very smart and I agree he sounds like a jaded VII sh.

Trapped wrote: Oh, that's easy. They stole VII from you! And quit wasting the board's time because we all know a substantially increased dividend is just around the corner. Are you capable of quitting your whining for one day?

MyHoneyPot wrote: CVE 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