RE:New Press Release - ARC RESOURCES LTD. REPORTS RECORD YEAR-END RESULTS AND RESERVESseems very vague on further rewarding shareholders - "free funds flow allocated to shareholders will increase towards the upper half of its free funds allocation range of between 50 to 100 per cent"
no comment really on the 70% drop in NG prices over the last month
no specifics on dividends other than existing dividend is sustainable in the "current commodity cycle"
I guess they have to be vague in these areas so they can see how pricing evolves in the next few quarters
Thoughts on how the market will react to this tomorrow?