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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 Mar 18, 2024 11:21am
111 Views
Post# 35938326

RE:Great company

RE:Great companyLooking back this was pretty good advice at the time.  I hope you took it.

Post by prested on Jan 31, 2023 12:12pm

ARX Vs. VET

I'm under water on both and musing whether to sell ARC and put the proceeds into VET? I'd appreciate any sane advise.
 0
 
Comment by Quintessential1on Jan 31, 2023 1:07pm
118 Views 
Post# 35257242

RE:ARX Vs. VET

I own both and have for a while.  I am not underwater on either and am not selling any of either.

The problem you have is that they are both sitting on lows so they both have upside and about the same amount in my opinion.  The only benefit ARX has over VET is it's dividend yield and the only benefit VET has over ARX is it's EU gas exposure.  The windfall taxes that VET was subjected to was a kick in the bottom line but it is not only priced in but overblown at this point.  VET is going to recover when they release earnings just like ARX is.  You might make a little bank trading one for the other but its a coin toss at this point of which one will do better and I expect them both to do well so the only winner might be your broker on the trading commission.  If you are just adding to one position or the other that is a different story and I would go with this one because of the guaranteed div return.

GLTY  and don't worry they will both pay off this year.

GLTA ARX BULLS

prested wrote: Good place to be. If only Vermillion could match the performance!



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