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Bullboard - Stock Discussion Forum
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.
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TSX:ARX - Post Discussion
ARC Resources Ltd
> Why all the talk on KockWa
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•••
Cheadle12
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Post by
Cheadle12
on Jun 10, 2021 4:06pm
Why all the talk on KockWa
ARX just sold Pembina..
That's $200-400M alone. Special dividend = .35c/share.
Give your heads a shake.
(11)
•••
powerlunchmoney
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Comment by
powerlunchmoney
on Jun 10, 2021 6:15pm
That'll be applied to the debt and thats good news for us. Plus another healthy quarter of earnings only at much higher prices. We could see the debt reduced by as much as 600M+ this quarter getting us closer to a more manageable debt level. I believe we'll see the return of a monthly dividend and the share price will go up dramatically, maybe even to 14 and a monthly divvy might be
...more
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