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.

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ARC Resources Ltd > Two time zero is zero

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Comment by GunnerGon Sep 23, 2022 11:12am

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Post# 34981850

RE:Two time zero is zero

I was wondering where the whiner was. He's baaack

MyHoneyPot wrote:
Right now gas sold in the USA is getting more than $10 dollars a Mcf because of the Canadians dollar treding at the 74cent U.S. level.

Really it a brain dead strategy to me for oil companies to invest all the FCF in share buybacks, it actually makes it easier for the government to phase out the sector. Really why pay CEO big bucks if their only strategy is to buy back share to create value for shareholders?

Interest rates are going up a lot, and shareholders should get competative returns.

ARX management since day one has pursued their own agenda, and failed shareholders in a miserable manner.

Shareholders have waited for year to get out of the burden/losses associted with a bad hedging strategy.

They have heard about sunrise and attachie two projects they can get sanctioned.

What have you done for us not lately but have you really added any value management?

IMHO