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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 and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Bullboard Posts
Comment by Bennys65on Dec 19, 2018 8:08am
138 Views
Post# 29133431

RE:fear mongering at play

RE:fear mongering at playThe company in thei investor day presentation remarked on the high share vol after they announced an increase in capex.Rather than see that increase as a show of strength the market took it as a show of weakness,That day after the trade vol was 5 mil.Yesterday all in we were over 6 mil.Maybe it was a flush day.Very low vol in the oil futures. Amrita Sen says the traders have stepped back and the algos are the only players..Right or wrong did some buying yesterday ahead of the fed..This is a strong company
Bullboard Posts