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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 Apr 04, 2023 5:59pm
90 Views
Post# 35379789

RE:ARC NCIB only 450k shares?

RE:ARC NCIB only 450k shares?It's pretty clear they're conserving their pennies for something, but what? Any thoughts?

I'm guessing ~30M shares remain on the current NCIB. There's lots of time to finish it off before it expires but it would be great to see them aquiring shares at bargain prices.

Cheers and GLTA ARX bulls.

Sunsurfer12 wrote: wouldve expected them to go to town on the $15 price...
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