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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 topdown99on Jul 20, 2021 2:46pm
113 Views
Post# 33576147

RE:RE:RE:RE:How does CNRL consistently achieve leading results.

RE:RE:RE:RE:How does CNRL consistently achieve leading results. Looks like the market is siding with MHP that ARX should be riding a unicycle at Kakwa rather than the bicycle built for 2 at Attachie . 

As RBC , TD , CIBC and anonymous keep moving shares back and forth , it is killing any interest or buying . Combine that with ARX's "turtle" strategy regarding news and this is looking like one massive dead end as HP keeps saying . ARX could have reported on the land sale (but didn't) , they could have provided some clarity on production (but didn't) and now their shareholders twist in the wind while other nat gas stocks trade near their highs . 

ARX's problems seem to be overshadowing $3.88 NYMEX nat gas (similar levels on AECO) and that has become a huge red flag . ARX's Q2 numbers will surprise  but it looks more and more like that the surprise will disappoint .
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