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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.


TSX:ARX - Post by User

ARC Resources Ltd
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Post by Trappedon Aug 02, 2023 11:26pm
228 Views
Post# 35570371

Solid Quarter

Solid Quarter All in all, a solid quarter, given depressed commodity prices and output impacts from forest fires. I'm sure the earnings beat will be well received. It certainly wasn't a given in this environment. 

I'm happy to see the NCIB will be renewed and I agree with Quint that holding the line on debt should be a continuing focus in the quarters ahead.

Cheers and thanks to those who provided analysis earlier in the evening. 
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Dealroom for high-potential pre-IPO opportunities