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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 rusty777on Sep 29, 2020 12:41pm
195 Views
Post# 31635476

Reversal in the next 2 - 3 weeks?

Reversal in the next 2 - 3 weeks?If we don't  see a reversal to some degree winthin the next 2 - 3 weeks we may well see another sell-off as the silly Tax Loss Selling season kicks in.  I would prefer to see the reversal, but just in case I think I'll hold a little bit back in case this drops to a point where it makes more sense to average down......but sadly, that would need to be in the sub-four range.

The next 3 weeks will be interesting and what happens after  November 3rd is anyone's guess.

Those that like Russian Roulette must just love this.

GLTA

Rusty

Bullboard Posts