ARC Resources Ltd T.ARX

Q2 Surprizes, hopes there is no more downside....

[MyHoneyPot]

Has anyone heard any positive news regarding sanctioning any projects on Treaty8 land?

I am not sure if Horgan reitrement is a plus or a minus for the entire process, i would say with new NDP leadership, maybe just adds more uncertainity to the equation..

Last quarter it was a surge in executive compensation that was the issue, what surprize could not be in store for ARX shareholders in Q2?

Really what is the plan for Kakwa, operate the plants at 46% utilization for ever, also their is a big block of land to the sould of Kakwa ver perspective. 

Maybe if BC never opens up again to new projects that can consolidate on the VII generations lands. 

IMHO

[Volkomm]

Wouldn't be surprised if Arc buys the XTO Kakwa lands from Whitecap. I think they should. Their Kakwa lands aren't infiinite and they need more reserves to run that plant at a high utilization. 

[Trapped]

Oh I hope not! They bought VII for a relative song before the upturn but they would be paying all the money for WCP's Kakwa assets now. Mr. Market would likely punish. And does anybody really want to wait any longer for a substantial dividend increase and / or a special dividend? I believe ARX knows it's time to give back. quote=Volkomm]Wouldn't be surprised if Arc buys the XTO Kakwa

[Volkomm]

I get what you're saying and completely agree. The name of the game right now is balance sheet and shareholder returns. But they can't fill that plant to 100% for the extended future. There is a bit of a reserves issue at Kakwa. But we all know that as soon as Sunrise/Attachie is a go Kakwa will get dumped out with the bath water.

[Billybabin61]

Can't imagine a bad quarter but I don't like the fact that there was heavy insider selling at 19-20 bucks. I checked Peytonwhich I also own and didn't see that, and we know that the CEO of TOU has been a buyer at higher prices.