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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 Quintessential1on May 06, 2022 9:14am
159 Views
Post# 34661598

RE:From the mountain top I scream

RE:From the mountain top I screamMay be easier said than done as they might be required for creditor requirements.

What would be the cost of closing out 2023 - 2024 hedges?  2025 there is almost nothing hedged.

2023 and 2024 hedges drop off for both O&G  48% and 95% for oil and 42% and 75% for Ngas.

There may not be a cost advantage although CVE deifinately gained that physcological advantage of disclosing the losses up front and then letting the earnings come as a nice surprise.

The market generally knows what's what.  Let's see what they do today.

GLTA Longs

 

Tothemoon2 wrote: please close out the 2024 and 2025 nat gas hedges while the AECO futures price for nat gas is around CDN/GJ $4.00   Clean the books up if for no other reason than investor perceptions.


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