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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 > ARC Q3 2023 vs Q3 2021
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Comment by Quintessential1on Dec 12, 2023 8:28am
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Post# 35779499

RE:RE:ARC Q3 2023 vs Q3 2021

RE:RE:ARC Q3 2023 vs Q3 2021"Overall ok not that great. Lots of question marks"  =  holding

"value is going down fast"  =  buying

holding + buying = clowns

GLTA ARX BULLS

MyHoneyPot wrote: More gas, less condensate a formula for failure. 

Squanders share holder capital at every turn with no plan to pay the shareholders. 

We look at the price of gas today

Close Last Trade Day    
Spectra - Station 2 $1.69 CAD/GJ
AECO/NGX Spot Price - Settlement $2.14 CAD/GJ
AECO/NGX Spot Price - Same Day Volume 1,140.6 TJ
AECO/NGX Near-Month: January 2024 $2.09 CAD/GJ


This is why do you share buybacks at the right time.

Well it looks like ARX production is going no where fast, and it value is going down fast, and it cash is going up the stack and evaporating into thin air. 

$19.50 i will help you guys out a bit and buy a few more. 

IMHO


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