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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

Post by Farmer12on Jul 20, 2021 5:29pm
179 Views
Post# 33579087

August nymex

August nymex August Nymex natural gas futures up 15.2 cents today. This is a windfall, today and for the future if it continues. Normally the summer months allow injections into storage for winter heating in the Northern Hemisphere. Seems like normal size injections will not happen. This spike might blow up and over soon,or go a lot higher? NG producers must be really enjoying these prices and pondering if they have enough confidence to throw a dividend bone to shareholders. Good times my friends!
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