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 > Great decision Tuesday

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Comment by Trappedon Jul 17, 2024 10:31am

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Post# 36136506

RE:Great decision Tuesday

Well done, Rus! Earnings will spike after Attachie Phase 1 comes online early next year (a true re-rate for the stock).

They're not having to issue shares or take on additional debt for tuck-ins to get these incremental 40,000 BOEs/D. All that CAPEX money is coming from current production. It's organic growth being achieved while paying a decent dividend and buying back 10,000 shares per day. Very nice.

Anyone who calls this a weak investment is either slow or lying.

Cheers to all ARX Bulls.

ReitsRus wrote: Where's the Idiot that said ARX is weak after I posted buying yesterday at $23.437, look it's $24 today nice one day turnaround, Go ARX!

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