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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

Comment by Wildfury1on May 21, 2021 4:27pm
103 Views
Post# 33249671

RE:RE:RE:Long term value creation? or Short term value Destruction!

RE:RE:RE:Long term value creation? or Short term value Destruction!
That's what I said, no volume for a stock with 743,000,000 shares. There's no interest from the big institutions and maybe the market is going to tank big soon that's what they're waiting for. Think about it, if it's so great this should be $15 right. Crypto is tanking, the markets are nervous. Oil and gas companies that suffered last year are finally turning the corner until they get T-boned again because everyone all of a sudden are against fossil fuels and are dumping, changing their portfolios to green energy. Look, I have quite a bit of ARX, yes I'm up some but what I'm seeing, hearing, reading, I think I'm getting out of the market for a while. Yes ARX could have a great year but I can't afford to get taken to the cleaners again. Hope everyone has good luck with ARX and don't be greedy.
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