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Bullboard - Stock Discussion Forum 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... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Ask Management at TD Energy Conference
View:
Post by MyHoneyPot on Jul 08, 2021 9:09am

Ask Management at TD Energy Conference

Ask them why with more than 40,000 boe a 1/2 cycle spare capacity at Kakwa, they are spending 600 million dollars to pursue less than 30,000 boe of full cycle production at Attachie, that is laden with risk and will not produce a single barrel for more than two years. 

Terry the president with stampede around the corner should dress up as Billy the Kid and consider this a robbery of share holder returns. 

IMHO
Comment by Grandcentral on Jul 08, 2021 11:39am
No need to reinvent the wheel when things are running perfectly fine - we are at our best in years. Arc will get to Kakwa when they get to Kakwa. Let management manage, and take a seat in the back or get off the bus already. Shareholders like MHP are the worst... always talking about what's not happening, and completely ignoring all the amazing things that are happening - a back seat driver ...more  
Comment by topdown99 on Jul 08, 2021 11:45am
Well said Grandcentral
Comment by renoman1960 on Jul 08, 2021 12:02pm
Well said
Comment by Fredthereferee on Jul 08, 2021 1:39pm
Couldn't hve said this better.  Right on.
Comment by topdown99 on Jul 08, 2021 1:54pm
The market is supposed to look forward yet some prefer to look back but keep this in mind . ARX has been producing 340,000 boe/d for the entire Q2 , the numbers and FCF will be massive . Days like this attempt to take your eyes from the horizon , keep the long game in view and its only a few weeks away
Comment by Westcoastenergy on Jul 08, 2021 2:24pm
I completely agree with you GrandCentral.  I have been away for a month and the first post I read was MHP criticizing (what else is new) the TD presentation.  I can't figure out why anyone with his view of the company would want to own the stock.  I suspect he is the kind of guy no one can get along with. I am personally pleased with my rate of return and I expect very, very ...more  
Comment by Trapped on Jul 08, 2021 2:42pm
Because MHP's a Kakwa sucking idiot...
Comment by MyHoneyPot on Jul 08, 2021 2:52pm
Listen to the presentation your self Trapped, investment advisors ask for type curves, Trapped asks for lullabies and a soother.  Accelerating 400 million in Capex, more than 2X the yearly dividend paid out to investors. Irresponsible.  You know where you stand as an investor. At the bottom of the list in terms of managment priorities.  The problem is this as long as ARC stock ...more  
Comment by topdown99 on Jul 08, 2021 2:56pm
Westcoastenergy , if you do take another one month sabbatical expect  a $15 sp when you return . Q2 should "rock the casbah"
Comment by Speciallygood on Jul 08, 2021 3:06pm
Exactly what I was thinking topdown99 !
Comment by topdown99 on Jul 08, 2021 3:20pm
Great minds think alike , lol . Seriously though , I think Q2 will be a momentum mover with FCF that ARX has never posted before . With capital discipline , debt reduction will be substantial .
Comment by Trapped on Jul 08, 2021 10:23pm
Now this i agree with! Hang in there, folks... countdown is on!
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