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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 BlueJay2020on May 05, 2022 10:36pm
321 Views
Post# 34661012

Divi increase...

Divi increase...Just a 20% increase is a bit of a disappointment to me - not sure why they bothered as the new yield will not be any more attractive to income investors.  Personally, I'd prefer a higher dividend and if I want to spend the money on shares then I'm free to do so.

As for the quarterly results, the paper loss is meaningless. Free cash flow yield is the key.

Will be interesting to see how the market reacts, but I suspect the general market sentiment on the day will play a bigger role than the results themselves.

I certainly don't know why anyone holding the stock today would sell a single share until we are in the mid-20s.
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