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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 Shirtlessnomoreon Feb 26, 2020 11:54pm
62 Views
Post# 30738840

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I'M BACK IN!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I'M BACK IN! For the record, when I told you as well as others did that under 6 was not going to happen there was no such thing as corona, if not for corona not only would arx not be where it is you would definitely not be seeing under 6 on it, and you definitely had no fundamentals letting you know corona was going to happen, having said that it may still not go under 6, this whole market mess is corona, it's not just this sector good news arrives on the scene in regards to corona and north this goes. If I have to make a couple buys in the 6's no big deal because the divvy pays me to wait and I have no issues owning this company for 50 cents more then you, as for your puppy condor he wont buy at any price, he will keep yapping about why it will go lower and new excuses, he is all about everyone else's business but his. ...
Jackadams wrote: Just since you called me out on it I did not miss anything.  Bought in the mid-$5s last summer - sold at 7.70 (posted why) - shorted at 8.20 (posted why).  My biggest mistake so far was covering the short at 7.10 (posted why) and not holding it longer.  As I always said I would most likely be a buyer in again in the $5s but was told that was absolutely impossible.  I have never not liked ARX but just did not like the price.  I will say that ARX and TOU are holding up so much better than 95% of the E&G names.  OVV is getting absolutely crushed and down almost 30% in three day but has better FCF yield and far better multiples now compared to ARX - crazy times and have started loading up the boat again with some very beat up names but not ARX yet.      


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