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 7:51am

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Post# 35276492

RE:RE:RE:RE:January Buybacks

Yeah I agree which is why I said I was surprised and I can only offer up a few thoughts for the possible reasons.

1 They spent most of their FCF on previous buybacks?

2. The limits on NCIB buybacks will not just let them wait to spend all of the FCF that they commited to return to shareholders in the very last month of the quarter so they have to start early.

3 When the share price is hogh, commodity prices are also high and as a result so is cash flow and conversly when the share price is low so are commodity prices and cash flow.

GLTY and ALL ARX BULLS

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