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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 May 05, 2022 8:43pm
223 Views
Post# 34660782

RE:My last question as I’m not a bean counter

RE:My last question as I’m not a bean counterYou need to focus on what is most important. Not the accounting income or profit, but the CASH FLOW. The Company generated $760 million in cash flow from operations during the quarter. From this cash flow the Company paid down $130 million of debt, paid $70 million in dividends, repurchased $200 million worth of shares and invested $350 million into CAPEX and non cash working capital to maintain production levels. Good results and should justify share price where it is currently. 

Wish they didn't have these hedges in place though. 
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