Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > don't bother reducing debt anymore !
View:
Post by spacegimp on Jul 29, 2021 6:43pm

don't bother reducing debt anymore !

"ARC's net debt excluding lease obligations outstanding was $2.1 billion or 1.3 times annualized funds from operations." 

we are headed to $80 oil /condensate  , that statement above is  based on $60 oil 

i understand the fear from the last 7 years... but     this is a   new era, focus on divys and   a bit of development
Comment by spacegimp on Jul 29, 2021 7:39pm
conde@edm currently $87 cad  aeco ng 12 month strips over $3.75 the table is set , lets see if markets  are forward looking  https://www.psac.ca/business/marketstats/