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Bullboard - Stock Discussion Forum 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... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > why natural gas breaking out..
View:
Post by downwithdotcom1 on Oct 05, 2023 5:49pm

why natural gas breaking out..

THIS IS WHAT"S IMPORTANT...
ps...looks like "IT" is back posting the same usual rants-must have 50 shares shorted or something...
whined at $7  all the way past $20 and then disappeared..alas not be..so happy with my IGNORE...


Nat-gas prices on Thursday surged to an 8-1/2 month nearest-futures high and closed sharply higher on a smaller-than-expected gain in weekly EIA nat-gas inventories.   EIA nat-gas inventories rose +86 bcf, below expectations of +94 bcf.  Nat-gas also has support on the outlook for colder U.S. temperatures to boost heating demand for nat-gas.  Forecaster Maxar Technologies said forecasts shifted cooler for the eastern U.S. from October-1
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