ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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

ARC Resources Ltd

Bullboard Posts

Comment by clamlinguineon Mar 09, 2020 1:00pm

83 Views

Post# 30783902

RE:ARX = hedged 50% of their oil production for all of 2020

There is a solid floor of $60.38 which you didn't mention. imo

EstevanOutsider wrote: Huge positive. Floor price is $75 Canadian. Since natural gas prices are likely to rally, I think ARX is a great pick here for the game of survivor!

Sleep better at knowing 50% is hedged.