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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

Post by Trappedon Jan 03, 2025 5:28pm
203 Views
Post# 36386845

December 2024 Buybacks

December 2024 BuybacksAnother decent month, with the cancellation of 1.24 million shares for a total of roughly $31 million.

Many days saw 100,000 shares being repurchased, which is up from the average of 20,000 per day, which we saw throughout much of the late summer and fall.

Cheers and GLTA ARX Bulls. The next big thing on my radar is Q4 financials in February. I'm confident those incremental Attachie barrels in Q4 will bring a production and earnings beat.
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