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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
Post by Toppicks1on Jan 21, 2020 10:20am
95 Views
Post# 30577409

5% shorts

5% shortsIts is time for them to cover ex dividend day 6 trading days away. Earnings shortly after that.Do they really want to take those 2 chances for what a small dip maybe. And as fund managers know 8% yield is hard to come by so as long as you think ARX will close out the year higher then this wheres the risk. I dont believe the 15.50 price target unless there is a buyout. But every analyst is calling for 9.50 or higher and you know who makes those predictions oh ya thats right the fundies.
Bullboard Posts