ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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

ARC Resources Ltd > Hedges

<< Previous

Bullboard Posts

Next >>

Comment by MyHoneyPoton May 26, 2022 11:22am

103 Views

Post# 34709164

RE:RE:RE:Hedges

Dumbest hedging strategy on the planet, and disregard my last post regarding their Hedging losses they will be astronomical and much higher with current prices.

Last quarter 410 million in FCF, and a about 250 million in hedging loss. The cost of hedging is utterly stupid.

It like this with no hedges they would have had 660 million in FCF last quarter.

So essentially they could of produced 217,000 boe a day unhedged, and had the same FCF, 410 million.

Management has effectively destroyed the value of about 133,000 boe/day of production.

Guess what next quarter the hedging losses will be significantly higher.

Brain dead rookie management.

IMHO

<< Previous

Bullboard Posts

Next >>

These cold weather stocks are looking to heat up for winter