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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 MyHoneyPoton Apr 06, 2023 11:37am
99 Views
Post# 35383131

RE:RE:RE:Balance Sheet Strength - New Article from the FP

RE:RE:RE:Balance Sheet Strength - New Article from the FPARX management is dismal, the management neither have a clear plan or vision. 

ARX should get a bounce, because the after more than 2 billion dollars in hedging losses, management has stopped hedging and things are beginning to look better on that front. 

The arx management is just not inteligent, and I am going to invest in companies that really take the shareholders interest to heart.

Considering ARX management have little to no skin in the game their compensation is out of line. 

Underperformance, and False expections riddle ARX plans, case in point Attachie + Sunrise.

ARX has not limits in the amount of capital they will pour into a 25 section postage stamp dry gas play like sunrise, it is shameful. 


IMHO
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