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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

TSX:ARX - Post Discussion

ARC Resources Ltd > Short Term Performer
View:
Post by SideshowBob1 on Jan 12, 2024 12:08pm

Short Term Performer

What do WCP, TVE, TOU, CPG, BTE all have in common today? They have been killed by ARX over the last 5 sessions. Flight to quality. Love to see it. 

ARX has reduced its share count by 17.6% since Jan 2021. 
WCP has reduced its share count by 0.02% since Jan 2021. 

17.6% of all shares is a lot of weak hands washed out. Good to see management strategy rewarding shareholders in spades. Heavy macro uncertainty and commodity prices are barriers to a bull run, but ARX is clearly the right horse. There might be a trade or two to be made from the $0.50-$1.00 swings this stock likes to make. But keep that core intact. GLTA.
Comment by Quintessential1 on Jan 12, 2024 12:24pm
Totally agree!  ARX dropped its drawers less and is pulling them back up faster then the rest of the sector.  Outperforming nearly everyone YTD. GLTY and all ARX BULLS
Comment by Lupuslupus on Jan 12, 2024 7:02pm
Man this recovered fast! kee0 going!
ARC Resources Ltd