ARC Resources Ltd T.ARX

ARX's Free Cash flow in 2023 will be low.

[Cheadle12]

Their CapEx is already nearly $2BN for less than 3% production growth (what are they spending it on?).

Then they need to add Attachie CapEx also once the blueberries cut the ribbon for them.

Add in that Attachie CapEx, ARX's Free Cash Flow gets squeezed.

Terrible Management there at ARX, no wonder bagholders like Quintesensual hold this non-performer.

~TGC.

[Volkomm]

Kakwa well declines are significant. Often 40% + in the first year. It's no surprise that a huge bulk of the capex is for that play.  They have to drill like crazy to even sustain. Luckily C5 prices are massive premium to make this economical. 

[MyHoneyPot]

It is really a challenge when you have to plan to drill 73 well at Kakwa to maintain 190,000 - 200,000 boe a day and you drill 56 wells in the Greater Dawson area for 83,000 boe/day (5 Postage stamp areas) To bad the Dawson economics are so inferior.  Capital Expenditures & Production It is so sad to see billions of dollars of Infastructure in idle mode at Kakwa, while they are

[yureja85]

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