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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 GunnerGon May 10, 2022 12:27pm
131 Views
Post# 34670752

RE:Management missed it Change

RE:Management missed it ChangeWhat the heII are you saying with the title of your post.

Try reading your posts before you send them.  Every post your english is that of a 4th grader.


MyHoneyPot wrote: Returning capital to Selling Shareholders

Management could of returned more capital to shareholder, that were selling their stock at $19 dollars with their buybacks.  

Q1 Financial Statement

During the three months ended March 31, 2022, ARC repurchased 13,076,000 common shares under its NCIB at a weighted average price of $15.00 for a total cost of $196.3 million.

They should not be playing this game, it would be better if they gave a real dividend. If the dividend justification is 40 dollars WTI and 2 dollar gas, so should the buy backs. ARX net asset value at $40 WTI and 2 dollar gas, what do you think the stock would trade for at those prices $6 dollars?

IMHO





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