ARC Resources Ltd T.ARX

ARC HAS NO PLAN, 1yr, 3yr, 5yr Nothing - Zippo

[MyHoneyPot]

ATTACHIE 

• Have share holders been shown a development plan for Attachie, of course not management does not have one, all they can tell you is that they need 600 million to sanction phase I and after then you the investors is all on your own to guess what will happen next, Management are not going to tell you. Maybe it because they don't know themselves?

TREATY 8

•     Without knowing the regulatory framework that Attachie is being                subject  to the project will not be sanctioned (How can it be?) until            sometime in 2022 when the province, supreme court, and treaty 8              people agree on a framework. 

So why would investors want to invest in ARC?
 

1. Growth strategy, they don't have one
2. Dividend stategy, it does not exist either dividend is at all time low level to FFO
3. Potential - their number one play has a significant decline from Q1 to Q2, what suggests management does not know how to operate the play of this nature. 
4. Experienced Management, all full cycle projects with no near term production upside, with the exception of kakwa which managment does not want to talk about
5. No significant production contribution from operations in 2021, they are a 1% team. 

 

Arc does not have a leadership team, they have a maintenance team, incremental improvement with no solid plan in place. No vision of the future, nothing to offer share holders. 
 

IMHO

[topdown99]

Who's the bigger idiot ? The company with no plan or the fool who invested in them ?  How is it that you don't have your own oil company ?

[MyHoneyPot]

ARC took over seven generations, the revenue last quater was more than 60% from seven generation assets.  This means the company is 2.5 time bigger and they can't run it like a the old ARC resources anymore , management needs to grow up or leave.  ARC needs a plan, or they will loose all their investors. Management needs to have a growth strategy. IMHO

[topdown99]

Are you from Quebec HC ? You seem to be somewhat challenged with the english language .

[topdown99]

Really ???? Maybe try 1/4 if the letters are a challenge 

[clamlinguine]

Here's a plan. An obvious one. Don't grow. Buy your own shares. That's adding value. Duh.

[MyHoneyPot]

You have to have a NCIB in place before you can buy back shares, but putting that aside, a share buyback may be a component of a plan, buts it is not a plan. ARC has no plan for production growth, in 2021 or 2022, or maybe even until 2023, what gives? There isn't a full developed plan for Attachie, it looks to me like that project is decades away based on what management has provided