ARC Resources Ltd T.ARX

stated ARC 2021 business priorities

[downwithdotcom1]

..am i missing something?? company had clearly stated 2021 business priorities as shown from their latest presentation: regardas, dwdc

"Reduce net debt to annualized funds from operations to low end of target range of 1.0 to 1.5 times" ( expect to reach this end of 2021)

"Once net debt to annualized funds from operations is at the low end of target range, consider Incremental returns to shareholders , Investing in profitable growth at Attachie"

[MyHoneyPot]

You missing something, when you have bean counters running company and debt cost 2.3 percent it makes no sense to me.  Really their priority should be to provide a meaningful dividend to share holders ASAP. That the debt at this interest rates should be a lot low priority IMHO. Making it a priority to pay off debt when you can get money at 2.3 percent is not for people who know how to use

[powerlunchmoney]

I don't think anyone here would be unhappy with a dividend increase but its lower on the priority list. Two quarters from now you can have both debt paid down and a divvy increase as well as in the increase in share price. Get two birds stoned at the same time.

[smocher]

Agreed, like selling a house and making a 40% percent gain, then buying another and sticking all your equity in the next one to reduce your monthly payment because you fear the market may end. Diversify the use of equity to expand the business and ownership.More investors create financial stability and reduce value swings.Pay a 6% divvy, pension funds will flow capital to ARX. JMO Smocher

[downwithdotcom1]

..again, the company has clearly stated their 2021 business priorities-pretty sure you're NOT the CEO (or an officer of this new entity) so why is this issue even up for debate??? just saying. dwdc