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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its 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. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Post by Trappedon Nov 06, 2022 8:48am
199 Views
Post# 35076855

Everyone has something to add

Everyone has something to addAs an ARX bull who's been building my position since 2017, I appreciate other longs like Quint who believe in the company. Yes, people can slag ARX for not being the most aggressive producer in the world, but I've more than doubled my money while being able to sleep at night, every night. I bought as much as I could get my hands on in March 2020 and I'm still here because I like the story and future direction of the company and the industry. Is there seriously anything wrong with that?

What I don't like is when people say management are brain dead, idiots, spreadsheet jockeys etc. Obviously we all know that's not the case. If you talk to the industry insiders who truly know (I have, at length), you would agree that ARX is considered an extremely solid, consistent producer with a pristine balance sheet. They're perceived as the steadiest of operators and one of the lowest-risk plays in the sector, so I can completely understand when someone loses their patience with a poster blatently trashing the company with false or misleading statements.

Everyone has something to add but I would hope we would keep our comments factual or at least in the realm of possibility. And if people truly hate the name for whatever reason, why would they not just go away and comment on another board?

Obviously I support Quint and all the longs, but I also support those who put forth opposing views with respect, accuracy and thoughtfulness. Cheers and GLTA.
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