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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 Quintessential1on Apr 27, 2024 10:28am
247 Views
Post# 36010884

RE:Motley Fool Artical

RE:Motley Fool ArticalWell it is always better than an article bashing them. LOL

It seems MF also sees them predicting a doubling of their FCF in 4-5 years.  

What they don't say in the article is the halving of debt in about the same amount of time and then the practical elimination of it by 2031 a short 7 years from now.  What then?

I know I said that share price growth may not be the best way to return value to shareholders right now but even if they start returning 100% of FCF via a divy instead of buybacks, I don't see how the share price stops rising.  Maybe not as much as it would with buybacks but with a doubled divy it is probably still going to get some good traction.

Either way the future looks good here.

GLTY and ALL ARX BULLS


Trapped wrote: I know it's only the Motley Fool, but it's good to ARX's name getting out there...

https://www.fool.ca/2024/04/25/tsx-energy-in-april-2024-the-best-stocks-to-buy-right-now/


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