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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > 80 dollar Condy 1.3426 = $107.50
View:
Post by MyHoneyPot on Jan 12, 2023 11:48am

80 dollar Condy 1.3426 = $107.50

In Q3 ARC produced 90352 boe/oil/condy a day

90352 * 107.50 *365 = 3,545 million dollars

That is the revenue that ARX generate from Condensate this year, and it could be a lot higher if oil like forcast goes to 110 wti.

This has been a buying opportunity at these levels.

IMHO
Comment by iwpete on Jan 12, 2023 12:42pm
I'm not going to say I got in at the best price in this downturn because I didn't.  I have a small position of a couple of thousand shares of ARX now.  Here's what finally got me on board.  Eric Nuttall's Energy fund has gone from last reported 7% cash down to .47% cash.  Don't know what he bought.  I increased my holdings in BIR, TOU and now hold ARX ...more  
Comment by Quintessential1 on Jan 12, 2023 12:45pm
It must be pump time again.  Where did you get the 2022 average condy pirce from? GLTA ARX BULLS
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