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 > Is Arc a takeover candidate?

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Comment by Longrunner11on Jan 18, 2024 11:40am

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Post# 35833723

RE:RE:RE:RE:Is Arc a takeover candidate?

"The other name is of course Birchcliff, which would fit nicely with Arc's objectives and M&A strategies." Maybe the drop in BIR share price due to cutting the dividend will get things going. A decrease in the valuation of the smaller, potential acquisition targets could trigger the M&A activity the industry needs right now. Silver lining when OG share prices take a hit as they are currently.

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Cannara reports record growth and profitability in Q4 2023