ARC Resources Ltd T.ARX

Imagine This - It's not a Fantasy Story

[MyHoneyPot]

Management hedges condensate at 47 dollars U.S. today condensate hits 90 dollars boe U.S.

Condesate is now trading at $112 dollars Canadian

• Management sells off all the transporation at the #1 Condensate Play In Canada.

• They hedge their Oil production at 47 dollars a boe for 2021/2022

• They puruse 2% decline improvements for wells that Pay out in 3 Months

• They move all their Capex Investments to Dry gas and lands with on going Treaty8 negociations. Leaving 2 billion in infastructure opering at 40% utilization.

• The never do restore the slashed dividends they took away from shareholders. (Breach of Trust)

The biggest Dissapointment with all these Blunders.

They continue on their path of shareholder value destruction. 

IMHO

[alvarez2]

Copy and paste..........same post, different day. LOL

[angelnicky]

when do ypu think shareholders will say they had enough and its time for a change or do you beleive that majority of the shareholders think tthe company is doing an exceptional job and increasing shareholder vallue.

[alvarez2]

Any shareholders with half a brain, that aren't happy with the performance of management, wouldn't still be here holding on. No PHD required to figure that out.

[Volkomm]

Always lots of Kakwa discussion on here. I was looking at the land maps and while I'm not overly versed with the unconventional business it doesn't look to me like Arc has much more land they can keep drilling there. They can't just keep drilling new wells, potentially we could degrade wells in the area, maybe kill old wells? No point in drilling if the area can't handle it 

[Shaleguy]

Volk. They 1300 middle/ upper montney locations left and up 1500 lowers left at Makes.

[Shaleguy]

Volk. They 1300 middle/ upper montney locations left and up 1500 lowers left at Makes. By now they have figured out optimal lateral spacing at six wells per section