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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 > arx more than doubled the share count
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Post by uncutgems on Aug 09, 2021 12:25pm

arx more than doubled the share count

at one of the lowest prices of their stock in the last 25 years...to buy a company totally unrelated to ARXs assets at the time of purchase, with no land adjacenices. they also assumed $1.7b in debt, $875m of leases, and $2.2b of non cancelable contracts. they also gave up total control of the BOD.

Price of ARC common shares ($ per share) 7.86
ARC common shares issued to Seven Generations' shareholders (millions) 369.4
Comment by Beakr123 on Aug 09, 2021 12:41pm
Your a few months behind here uncut.
Comment by uncutgems on Aug 09, 2021 12:47pm
when people read my posts they can understand them. you otoh would rather make yours a total mystery... if you have a point to make make it. I am not here to solve riddles.