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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 Trappedon Jan 10, 2023 3:51pm
137 Views
Post# 35214211

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Top Well Report - ARX Crushing It

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Top Well Report - ARX Crushing It
Speak for yourself, MHP. I could purchase a home with my current gains and am enjoying a larger dividend thanks to the increase last quarter. 
 
Your problem is you're impatient and have an extremely limited attention span.
 
You don't know me.
 
MyHoneyPot wrote: Gunner, i am here to give your life meaning, i introduce a little reality into your otherwise flawed view of world as it relates to owning ARX resources. 

Remember it was MHP that enlightened you regarding ARX production of 221,800 for a quarter and the next Quarter was 215,000 boe/day, in fact i provided you the link to the reports. 

Then today, i refreshed you memory on at $170 million dollar water capex project that will not return a dime for 3 years time. 

Everythink can't be long term and ARX management has been sitting on their hands since the merger, with capital allocated to make believe projects they can't execute on and are not scantioned, time to give this guys a kick in the butt and add some real value for shareholder. 

The cheerleading squad should quit, the more they cheerlead the lower the share price goes, the problem is all they have to cheerlead about is share buybacks, i feel for them, what a terrible destruction of capital and money loosing venture these buybacks have been. 

IMHO
 
 
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