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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 Sep 27, 2022 6:24pm
107 Views
Post# 34990696

RE:Eric Nuttal Thesis

RE:Eric Nuttal ThesisMHP, do you own the stock?


MyHoneyPot wrote: I have said all along that opportunistic buybacks, like TOU/POU advocate for means you take care of debt, and when the right opportunity presents itself you buy back stock, or invest in a project. 

ARX has a brain dead strategy, that demonstrates little to no  thinking, and exhibity a ton of risk for shareholders. (Attachie, Hedging, Sharebacks, Surise) All cost shareholders with zero return.  

The ideal ot raising dividends on a yealy basis, means they simply are not the same ARX as they use to be and the objective in not to pay shareholders, it to pay themselves, low end accounts that basically are managing the company. 

Management is dismal, and if the market in general is going lower, why byback more shares and pay higher prices, the answer is that management is brain dead and that is the way they do things, in a brain dead manner, they don't have a business person on the management team from what i can tell.

IMHO


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