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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ARC Resources Ltd > aeco

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Post by clamlinguine on Aug 11, 2021 12:38pm

aeco

Aeco has gone down from $3 to $1 today. What's going on?

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Comment by Shaleguy on Aug 11, 2021 1:23pm

Usually it's a temporary operational blip like a line break or compressor outage. Don't sweat it. Anyone out there in the gas biz knows what happened? The opposite happened in 1989 when gas plant controls ran on air and a big cold front in February froze up Ram River and novas pressure dropped so much that has at Empress flowed into Alberta. True story. I remember it vividly as it was my ...more

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Comment by Mike975 on Aug 11, 2021 2:32pm

AECO dropped from 10.50 - 1.50/Gjover the last three days, there is compressor maintenance at the TCPL border station so they cut all IT service and restricted flows out of alberta so gas is going to storage. Should be complete around the 13th

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