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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Wow People Want out Bad
View:
Post by MyHoneyPot on Jan 30, 2023 11:08am

Wow People Want out Bad

I bought 12500 more this morning, and it is like why so cheap? $15.50

Well with ARX you have a management team, that just needs to get their act together. 

Arx management could not take advantage of an opportunity if it hit them over the head. 

Clearly someone need to clean house, they should bring back Dave Holt from CNRL and have him replace the entire management team. 

ARX management are not working in the shareholders best interests.

They are house keepers and don't have a strategy to make share holders money, just to have a clean house and pay themselves a handsome amount with no skin in the game. 

How can a 10B dollar company have rookie CEO and CFO's

IMHO
Comment by Tothemoon2 on Jan 30, 2023 12:44pm
Also added 2000 @ US$ 11.46
Comment by RusticHit on Jan 30, 2023 1:22pm
Don,t put all your eggs in here buy Bir NO debt and take over target could be Arx looking at them
Comment by MyHoneyPot on Jan 30, 2023 1:52pm
I hope they are not buying birch, they have done nothing short of destroy value in the purchase of VII Generations, this management team needs serious help.  I am not a fan of Birchcliff, owned the stock, owned the debt at one point in time.  ARC Resources Wapiti is a fantastic area and they should be drilling wells there as well, my guess is they sold off all their transportation in ...more  
Comment by Quintessential1 on Jan 30, 2023 7:09pm
So you are saying ARX is a fantastic buy regardless of management. IYHO GLTA ARX BULLS
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