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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 Canoutchieon Nov 07, 2019 1:26pm
122 Views
Post# 30322559

RE:very odd

RE:very oddMy guess is this might be shorts covering in advance of earnings, on the part of those not wanting to be exposed to an earnings surprise.

Arc is on my watchlist and I'm currently waiting for results. I guess I was getting a bit too cute, trying to time an entry, thinking this would get pushed down further with tax loss selling season.

peter75 wrote: usually on the day odf earnings a stock is quiet
My guess is someone knows it did well or some in the same disipline reported good numbers
I added more two weeks ago at 5.43 and bought more today at6.48
A 10 percent yeild that is safe gives me a lot of patience


Bullboard Posts