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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 Trappedon Oct 27, 2024 7:37am
118 Views
Post# 36283827

RE:RE:Attachie

RE:RE:AttachieGotta disagree. Dividend increases are an integral part of their shareholder return policy and we've gone all of 2024 without an announcement. I've said this before (and was wrong) but I feel it's time. They can easily afford a modest bump from $0.17 to $0.20 per quarter while maintaining measured buybacks and incremental debt reduction over time.

And with Attachie very close to completion, Capex demands should level off at least until the next phase is sanctioned later next year. We'll see what happens.

robert41 wrote: Debt and buybacks first no more divi yet wait until oil is stable if that is possible..oil could be nasty on Monday. Attachie early 2025


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