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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 Grandcentralon Jun 14, 2021 11:53am
151 Views
Post# 33381756

RE:How is this possible

RE:How is this possible

Don't sweat. Just pumping the breaks to slow down the run-up. Institutions use selling and buying like a pressure release valve, or pump, depending on what they want. Right now, they want to slow the stock so they can buy as much as possible as cheap as possible - before Q2 numbers explode. For them to sell a few million shares so they can buy ten times that at a cheaper price is well worth it. Just wait it out, and in the end you will be happy you did. We are all just small corks floating in an ocean, just go with the flow because the end game is big profits for those invested.
IMO and GLTA

rusty777 wrote: How is it possible that oil is up (both WTI and WCS) by almost 80 cents ...now pushing 72.00 and ARX is now down.....this seems like manipulation at its finest...but why?

Rusty

 

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