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.

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ARC Resources Ltd > Corporate Update

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Comment by Robertboblawon May 26, 2021 4:32pm

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Post# 33270483

RE:Corporate Update

Just a reminder, ARX has roughly 50% of their Condy/oil hedged for all of 2021 at $45 USD (legacy hedges from Vii for those not aware). I firmly believe this Is priced into its current SP. If oil and condy prices remain strong For 2021 and beyond, expect a big share surge as the hedges come Off the books towards the end of 2021. GLTA

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