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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 Feb 22, 2024 3:00pm
146 Views
Post# 35894039

RE:RE:ARX vs WCP 2023 Q4

RE:RE:ARX vs WCP 2023 Q4Thanks Quint, the frustration in January was caused by the rug pull after the $2.50 advance, results oriented behavior got the best of me.  Still its one of my biggest holdings.  But like a clock when this name approaches overbought territory it gets relentlessly sold off.

How do we like holding ARX through the next 6 months from a valuation/seasonality perspective? Sell in May go away might be the play and what better time to get a start on it than a near 52 week high? This sure is a tough industry to buy and hold. especially with NG on the 1 handle.  But this would be the Warren Buffet stock of Canadian energy, and as Charlie would say, "Just hold the G-damn stock"
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