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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 NewfNewfon Oct 20, 2019 10:36pm
124 Views
Post# 30249769

RE:Condor

RE:CondorA true longterm investor in a company would love to see a 4 handler even if they own a lot of shares. That is if they are part of a drip to get some cheap shares on a monthly basis. I personally have owned this and sold for some gains and now own a small portion of this right now. looking for more at 5 dollars.

This company has been free cash flow positive 4 out of past 5 quarters; long term and short term debt decreasing; ev/ebitda is now at 3.42 so this looks good now and will even look better at lower prices. Good luck!

Bullboard Posts