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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 topdown99on May 05, 2022 6:14pm
166 Views
Post# 34660385

RE:RE:RE:RE:Net loss???

RE:RE:RE:RE:Net loss??? It's all bean counter BS , unrealized losses are on paper only but squew results , actual (realized) losses on VII hedges were only $27M  and they spent $200M on share buybacks . The important details are making use of capacity at Kakwa which HP has been b-itching about since .......... forever . Average condy price was $120.00/bbl and Kakwa pukes out condy likw sweat from an overweight cook in a +40C kitchen . Attachie is on hold until BC gov't gets their act together which could be years away . Relax , this is all good .
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