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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

Comment by Cheadle12on Nov 05, 2022 6:52pm
103 Views
Post# 35076127

RE:RE:RE:RE:RE:RE:RE:he he he - Big Quarter, stock flat as a pancake

RE:RE:RE:RE:RE:RE:RE:he he he - Big Quarter, stock flat as a pancake

It could just be me, but this user offers no value to this forum other than derogatory, inflammatory and in some cases "illegal" (yesterday he offered a death threat).

Please watch your tone, put me on mute if you don't like what I contribute, because you seem to contribute very little other than reply back to others posts with very low class comments.

Good day to you !

~TGC.

Quintessential1 wrote: You're still a wanker cheese needle.  

You couldn't find your D with both hands so I am not sure how...but you wank!

We know we're right.  Now FO!

GLTA longs

 

Cheadle12 wrote: Agree with you Trapped.  We may banter, but there is nothing 'wrong' with ARX.. it's simply the Blueberry River overhang.. can't proceed with Attachie until that is resolved and it's in the stock price.   All of the bank reports cited this also.

Additionally, the street is looking to see the build plan - cost, schedule & updated economics on the project.   None of these have been released, so again, this has impact on the stock.

Once those two are complete, (they will be completed within days of each other - communicated to the street), then this stock will lift off materially.  

This is a $30 stock with a .96c/yr dividend in 2023, currently dressed as a $19.50 stock with a 3% yield.

Good luck all longs.

~TGC.
Trapped wrote: I agree it's an unusual trading pattern and and I appreciate the chance to discuss it. For me, it's all systems go (hedges rolling off, oil up, SPR ending, midterms over next week, geopolitical conflicts, divvie up, debt down, share count down etc. etc.) 

I would have to call it profit taking by swing traders in for a quick buck on ARX's recent rise (nothing at all wrong with that! Buy on rumor, sell on news).

Beyond that, it's clear we need to get the province of BC's negotiations with the BRFN behind us to cement the plan and path forward. Nobody doubts this will come to an agreeable conclusion but it's unfortunately going to be an overhang as it's literally the only obstacle left.

My two cents anyway. Cheers and GLTA ARX longs!

bmeister2 wrote: No,trapped,I don't know who you respondes to but this was a "funny" day in that many oil stocks had a down day with oil and gas up bigtime. It doesn't make sense for me especially with the great qtr. report by ARC with divvy increase to boot! WTF happened? Hope it had nothing to do with justinflations announcement yesterday of tax on share buybacks. What is your read? Thanks. bm

 

 




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