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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 SideshowBob1on Jul 15, 2023 11:49am
218 Views
Post# 35542595

RE:Trappy

RE:TrappyHow about that. An over bought stock sells off on thin volume. Shocker. Sell the rips, buy the dips, repeat. This dip likely has room to run next week, if oil sells off it will be an epic lashing.  Q2 numbers should be solid, dividend income trickling in, easy hold.  Arx is still trading on a 2 for 1 discount IMO. Respectable liquids ratios. Land position is top tier. Still spewing free cash flow, still buying back shares. Arx is best in class. 
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