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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near Grande Prairie and the region includes Kawka and Ante Creek. Kawka is a premium condensate-rich and high-deliverability natural gas play with top-tier development opportunities. The Company’s operations in northeast British Columbia feature low-emissions assets and are strategically connected to third-party egress and hydroelectricity. The Company’s operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland 3-9.


TSX:ARX - Post by User

Bullboard Posts
Post by canneon Dec 06, 2018 12:14pm
103 Views
Post# 29076374

I feel for Albertans

I feel for AlbertansOil and gas stocks are in a depression-forget bear market. The commodities that fuel our cars, heat our homes and provide us with jobs are in some cases selling for less than the cost to produce them. Free enterprise has gotten us into this mess and companies such as Imperial & Suncor want to tell us that we should leave things go to hail in a basket just so these creeps can make more money and claim more assets for themselves. Greed all the way through the industry has brought us to this place, always produce more no matter what, don't plan for the future, just go for the short term and of coarse, don't diversify your customers because it may cost a little more in the short term. Now Alberta is giving away its oil to the US for nothing (we are still paying $1.35/liter for gas in B.C.- somebody is making some serious money) and oil companies and jobs are vanishing. Add to that stock market manipulation and you have companies like ARC selling for less than in 2008- what a freakin' mess....
Bullboard Posts