ARC Resources Ltd T.ARX

ARC objectives Luke Warm- leaves people looking for more!

[MyHoneyPot]

I think that the rerating that everyone is looking for, considering they purchased 20.9 million shares a third of their NCIB.

Frankly your not seeing investors enthusiatic rerating of the stock, even with 20.9 million share purchased in a quarter, close to 400 million dollars worth of stock, No rerating? How many shares do they have to buy back before it significantly impacts the price, they have bought back 13% of the float.

13% Float is somewhere between $2.50 - $2.60 a share. So do you think shareholders would be better off with an additional $2.50 in dividends?

Kakwa
The good thing for 2023 is that they are going to spend more money at Kakwa. Finally some production increases.

Sunrise
My understanding is that the reason Sunrise has not been expanded to date it because they could not get the permits, has something changed? Is this a real budget based on what they currently can do, or is it subject to first nations agreements, that they don't have. 

I was hoping to see a lot more production from Kakwa, but at least it was not another quarter of decline. 

I think buying back shares even 20 million of them, has not got the attention of the investment community, and unfortunately in this case it is because they don't have other places to deploy the capital, that is a drag on the stock. 

I sold all my shares when is saw it pop over $20 dollars, and will buy back in when i hear there is tangable progress with treaty8. Or maybe on a big market downday. It will be 2 more quarters until we see a quarter without the huge, losses associated to a failed hedging strategy. 

Current Overhangs on the stock.

Lack of Kakwa funding, Sunrise not sanctioned, Attachie not sanctioned, Hedges bleed big dough

IMHO

[Quintessential1]

Okay just for the record you're out.  You sold all your shares for 20ish and for the record ARX peaked at $20.16  on Friday Nov 4 2022 and before the ex-div date. There was one trading day and the entire sector traded down.  It is my opinion that you will regret this sell but time will tell. GLTY with your next investment and to all ARX longs.

[downwithdotcom1]

just sold over $20??..told you ..its all about a pathetic trading agenda (probably 50 shares) . HAS TO BE ONE OF STOCKHOUSE"s most annoying POSTERS along with its alter ego "NOTHING GREAT HERE"...badmouth the stock while owning?? only a total M@ron would do that OR ELSE someone who is a complete and utter liar to support a dulisional existance..flake off...dwdc

[GunnerG]

SP Sept 1, 2021 the start of the first NCIB the previous day close was $8.70.   The high so far today is $20.02.  Only up 130%.   Dividends have gone for .06 to .15.  Only up 150%. Your comments that start with "My understanding is that..." is a dead give away you don't have a good understanding.  So please stop. Under "Kakwa" you say

[MyHoneyPot]

Hedges lot $6.4 million dollars, what a joke, you don't know what your talking about.  ARX has had the worst hedging program in the entire industry, with the most significant hedging losses.  Maybe thats the fiscal balance sheet loss, but the physical real loss to the company was significantly greater.  Give your head a shake, you don't understand what is going on here

[GunnerG]

For Q3 2022 per the FS page 32.  High YTD but for Q3 it is only $6.4. Try looking at them before you rant about something. "fiscal balance sheet loss"; "physical real loss".  Can you reference these from the FS (financial statements).