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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 Jan 09, 2023 11:49am
114 Views
Post# 35211233

RE:ARX slides - Wrong Message

RE:ARX slides - Wrong MessageDo you realize how silly your post sounds, "and give them better return then a 5% GIC".  ARC sp Feb 1, 2021 $5.98 and high today $17.06.  

Add in dividends and your getting close to 200%; slightly better than 5%.

HAD a slide at one point talking about buybacks going on for years.  Well it has been years, not sure what your point is.  You state "4 years"; I have never seen them say anything specific like 4 years, that is your made up number.  Also, things change in life; remember the feds changing the rules and adding a 2% tax on share buybacks, certainly has an impact on managements thinking. 

No matter how hard you try to keep ARC management glued to past statements, things change and they react.  BC/native negotiations slows development, increase Kakwa capex, share buybacks...like all good managements, they have reacted.

All laid out for you many times by ARC management in presentations as to what they were doing.  You dont like it, move on if you are so devestated with their work.   
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