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 > CVE declares variable dividend on top of base dividend.

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Comment by Trappedon Nov 02, 2022 8:32am

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Post# 35065565

RE:CVE declares variable dividend on top of base dividend.

Agreed. We need some form of action on the dividend with tomorrow's release. It's time and I'm confident they will come through. Cheers and GLTA ARX longs.

Quintessential1 wrote: Although their yield is only 3.1% now can this be the formula that ARX starts to use to reward ARX shareholders?

CVE is also paying down debt and buying back shares and with a rising share price it looks to be a good strategy and formula for shareholder returns.

Let's hope ARX emulates it. We will find out soon!

GLTA longs