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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Nuttall Details
View:
Post by retiredcf on Aug 13, 2022 7:32am

Nuttall Details

https://www.bnnbloomberg.ca/video/eric-nuttall-discusses-arc-resources~2500951

BUY
Arc Resources Ltd(ARX-T)
11/08/2022 at 08:00pm
 
Excellent management team that is over conservative at times. Has 30+ years of inventory(reserves). Share price trading at 2.5 years of inventory. Native reserve dispute expecting to be resolved soon. SIB (significant issuer bid) is expected soon (10% of shares). Looking to be debt free in Q4 this year. Expecting a 5x multiple on the share price (100% upside).
OIL / GAS
 
Eric Nuttall
$18.000
Owned
 
Comment by northman on Aug 14, 2022 11:56am
I'm not sure I understand the desire to be debt free. They have a couple long term notes at quite low rates that I presume they will just ride out? To buy those out now wouldn't make any sense imo. 
Comment by Quintessential1 on Aug 14, 2022 12:45pm
I agree.  I think the idea is to get down to a manageable debt floor that they already stated and to get rid of the revolving credit facility that requires hedging to insure its payment. GLTY and all.