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 > January Buybacks

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Comment by Quintessential1on Feb 09, 2023 7:20am

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Post# 35276433

RE:RE:RE:RE:RE:RE:January Buybacks

Well 500 million or EOY 2023 whichever comes first is when they will stop buying back.

Will they be in the 500 million range? Probably they bought back over 73 million shares last year.

If they do the same this year they would be at 550 million shares at the end of 2023.

They would have to almost double buybacks to get to 500 million by 2023 could they do that?

I guess it depends on whether they needed to pay down more debt...and they do not.

Just spitballing here. That is a lot of FCF.

GLTA