Bullboard - Stock Discussion Forum 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... see more

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TSX:ARX - Post Discussion

ARC Resources Ltd > ARX included in the list of names to be in the red today.

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Post by Cheadle12 on Jun 14, 2021 1:09pm

ARX included in the list of names to be in the red today.

down 2% though Oil is up.

Is this overpriced and we just don't want to admit it?

A stock is only worth what someone is willing to pay.

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Comment by Wildfury on Jun 14, 2021 1:41pm

ARX the only O&G stock down when WTI is heading to $72? Manipulated or what. Good luck with this dog heading to $15 this year, they won't have it. GXE, CNQ, SU, PPL, CREW, BTE, BIR all up. Although this is the first time ARX has been down in about a week but it definitely doesn't have support like it should. Buying opportunities,maybe but I don't like averaging up. Next new high I& ...more

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Comment by topdown99 on Jun 14, 2021 2:13pm

Relax Wildman , even TOU is down $0.75 today . But look at the big picture , NYMEX nat gas @ $3.33 today ,it didn't trade that high throughout Jan . WTI @ $71 , WCS @ $57US and condy is $80 plus . Q2 numbers will rock and thats only about 6 weeks away . Until then the computer algo's will play their games and weak hands will shake out . The daily ups and downs will drive you crazy , its ...more

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ARC Resources Ltd