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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
Comment by canneon Dec 08, 2018 2:21pm
162 Views
Post# 29087305

RE:RE:yesterday was a new low

RE:RE:yesterday was a new lowI think throwing in the towel is a bit of an over reaction at this point. The present stock price of ARX is lower that when the market crashed in 2008 - this is crazy. ARX is a good company with solid fundamentals and I don't think the gas industry is going away any time soon. People can say what they want about electric cars, you still have to generate the electricity somehow and we still need to heat our homes. If hydrogen becomes a car fuel, the cheapest way to get it is from natural gas and NG will become an export commodity with the LNG plant in Kitimat. Nat gas is a natural transition fuel to supply the thousands of coal plants now polluting the air in many countries. As for the stock market, it is long in the tooth but companies like ARX are already selling at depression levels.....no need for a correction.
Bullboard Posts