2024-03-31 11:28:05 ET
Summary
- ARC Resources is Canada's largest condensate producer.
- The company focuses on producing condensate along with natural gas which allows for an above average return on wells producing.
- ARC Resources prioritizes the lifecycle of each area and constantly seeks out future prospects, such as the upcoming Attachie project.
- Management will dispose of older less profitable projects while acquiring exploration acreage or profitable projects that can be optimized.
- The low payout ratio dividend is a sustainability model and therefore unlikely to be cut.
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For further details see:
ARC Resources: A Buy Opportunity Condensing