ARC Resources Ltd T.ARX

New Press Release - ARC RESOURCES LTD. REPORTS RECORD YEAR-END RESULTS AND RESERVES

CALGARY, AB, Feb. 9, 2023 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its fourth quarter and year-end 2022 financial and operational results as well as its year-end 2022 reserves.ARC generated record production and funds from operations per share in the fourth...read article.

[vwbusman]

seems very vague on further rewarding shareholders - "free funds flow allocated to shareholders will increase towards the upper half of its free funds allocation range of between 50 to 100 per cent" no comment really on the 70% drop in NG prices over the last month no specifics on dividends other than existing dividend is sustainable in the "current commodity cycle"  I

[iwpete]

I'm sure glad I only own a couple thousand ARX and have my biggest position in BIR. ...shareholders will be put on wait for years. ..... Total project costs for Attachie West Phase I remain unchanged and are estimated to be approximately $700 million. This includes capital required for the construction of the facility and initial wells required to fill it. Phase I is estimated to pay out in

[Trapped]

As a long-term shareholder with an average cost in the low 9's, I'm not as concerned about the short-term reaction to their spending plans or today's NG prices. Despite its copious reserves, Kakwa is a relatively mature shale play and will be therefore subject to significant declines over time. That production has to be replaced to sustain long-term operation and I'm sure the

[Quintessential1]

You tell them Trapped this was a great ER! Even the no-decision decision about Attachie was what we wanted to hear.  Get it right...next year! Record profits and sustainable dividends.  This share price is going up! GLTY and ALL ARX bULLS