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 > Continuation

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Comment by Trappedon Apr 12, 2024 6:31pm

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Post# 35986881

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Continuation

Agreed, that would represent fair value and the long-term prospects would be highly compelling, given CNQ's death and operational acumen.

Count me in!

BigJake wrote:
Quintessential1 wrote: Sure if the price is right. I know Trapped holds CNQ also. What would you two be willing to vote yes to? Keeping in mind that others on CNQ may not own ARX and don't want to pay top dollar.

Me as an ARX share holder would like to see $35ish a share considering the share price should double all on its own in 4 years.

So 1 for 3 stock swap...ish?

It works for me if it works for you. ;-)

GLTY and all ARX BULLS

Westcoastenergy wrote: CNQ, now trading comfortably above $100, could swallow ARX without even making a blip on its balance sheet. I own both and would be good with the end result.

If it's an all stock deal at 3 to 1 I'm in. Would save some capital gains taxes. The history of CNQ purchases don't point to them paying that much of a premium.