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 > Dividend increase

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Comment by Quintessential1on Nov 03, 2022 6:41pm

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Post# 35071326

RE:RE:RE:RE:RE:Dividend increase

Ha Ha I no sooner posted this and they posted earnings. We got a 25% raise!

Congrats All!

Quintessential1 wrote: I like divies and I like increased divies but they are not the be all end all of owning a stock and I can't say that I ever expected a stock to increase their dividend more than once per year. This one did a couple of times and it was a nice surprise but they did try to lessen the expectation that it would happen annually by saying they would revisit the dividend yearly. I already know we are getting buybacks. What I really want to see is debt reduction especcially in a rising interest rate environment. A good balance sheet is going to draw more investors than dividends. I am not going to give an increased dividend back if we get one LOL but I am not expecting one this quarter.

GLTA longs

Trapped wrote: I can see your point but I feel we may see a bit of a backlash if we exit this release still at $.12/Q. Here's hoping.

sirmevl wrote: I dont think there will be a dividen increase until next quater and the hedges are lessened a bit.
And i think Trudue threat solidifies my thought but either way ill be happy even if a few here are not.
And if the price drops then they can pic a few up on the cheap and increase the EPS.

But again its just my educated guess based off what i heard them allude to.