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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 Quintessential1on Dec 22, 2023 6:11pm
99 Views
Post# 35798629

RE:RE:RE:RE:Arx

RE:RE:RE:RE:Arx

Come on an,  ARX is the safest play in the O&G sector.

You're beating a dead horse, something I think I saw your mom do in Tijuana.

I think I saw something like 10-15% hedged but they don't need it as they second only to TOU in terms of NG marketing prowess.

Winter forecasts are turning colder and NG draws are larger then expectations.  Pricing will rise for the winter as demand gets higher. 

Oil demand is going to stay steady and SPR filling is finally going to help and not hinder.

All ARX has to do is what they have been doing.  Buyback shares, raise the divy, keep the debt low and develop the great resources they already have.

If there is a deal I am sure they will snap it up (the accountants are running the show after all lol) but they don't have to in order to be succesful for the rest of the decade.  IMHO ;-)

GLTA ARX BULLS and Happy Holidays to all!




angelnicky wrote: How much gas is hedged by arc at these low levels.?
flood gates may open as countries are considering moving away from OPEC
lower lows  may be in the cards for the next few months due to so much volatility out there
Morse of Citi predicting low values 
have a safe holiday everyone to you and your family 

 

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