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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

Energy Oil & Gas E&P
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

ARC Resources Ltd > WTI up ARX down
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Post by Wildfuryon Apr 12, 2021 12:34pm
182 Views
Post# 32977832

WTI up ARX down

WTI up ARX down
Don't understand, oil prices up today and ARX is trending downward. All this hype of $11-$17 price targets and nothing to show. If ARX is to climb upwards then it has to show some strength. All this supposedly great news, merger, production output, cost savings and down we go again. Why would anyone want to buy this stock? Where is RBC? This stock should be in the 9's already but it's not. Looks like not the just the VII shareholders are getting shafted but everyone who owns this underperforming stock.
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