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 > ARX's Free Cash flow in 2023 will be low.

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Post by Cheadle12on Nov 30, 2022 1:49am

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Post# 35138721

ARX's Free Cash flow in 2023 will be low.

Their CapEx is already nearly $2BN for less than 3% production growth (what are they spending it on?).

Then they need to add Attachie CapEx also once the blueberries cut the ribbon for them.

Add in that Attachie CapEx, ARX's Free Cash Flow gets squeezed.

Terrible Management there at ARX, no wonder bagholders like Quintesensual hold this non-performer.

~TGC.

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