ARC Resources Ltd T.ARX

Let's do an ARX shareholder poll..

[Cheadle12]

It's not clear what shareholders want, buybacks?  Dividends?  Debt Repayment ?

Let's do this..

-Ignore this post (do nothing) if you believe ARX should be using their FCF to either pay down debt or do share buy backs.

-"Like" this post if you believe ARX should using their FCF to crank up the dividends to shareholders.

My vote is for dividends.  $600M pending in quarterly FCF.. the balance sheet is solid.  

Feel free to reply back to this post with your thoughts on the 3 major options for FCF.

~TGC.

[Cheadle12]

So far with 41 reads and zero likes, it's very clear so far MHP that Shareholders are firmly in favour of debt repayment over dividends..

[MyHoneyPot]

I am a little shy about expressing my opinion but here i go anyway, the devil made me do it.. Share Buybacks You can ultimately buy back as many shares as your want, but if the market does not see value in the company, your just reducing your enterprise value, and  you have let the management off the hook regarding Company Communication and creating a compelling value proposition. In fact

[Cheadle12]

Good summary MHP.   I tend to agree that Arc needs to keep pace with Tourmaline in terms of paying out dividends.  Currently, they are lagging. There is never any guarantee a few years from now on dividends returning and as you noted, they could again be cut like they did before.  Neither Tourmaline nor CNQ cut their dividends.. ARC & Suncor did.. and they are paying for

[OftenwrongNID]

IMO Arc is now paying roughly $400M a quarter in debt and $80m a quarter in dividends.   By end of 2022 I expect these numbers to largerly reverse.  Slowly(ish) each quarter we should see these numbers reversing. 

[Volkomm]

Just like how you manage your personal finances, a company should do the same. Running on any level of debt always comes back to roost. We can kick that can down the road and think everything is fine at 2% interest but what if we go to refinance and it's then 7-10%? By that time it's too late, and do we know what market dynamics will be in the future? We know rates are going up in the