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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 downwithdotcom1on Aug 05, 2021 3:25pm
132 Views
Post# 33658318

RE:Didn't anyone notice

RE:Didn't anyone notice..only partially agree..its the dark pool hedge funds at work...started just recently with one of the biggest sell-offs in net long oil futures contracts EVER ...another word that described this event was "historic" ..premise was to sell mostly on news about the DELTA COVID variant and the possible damage that it could do to the world economy ..this has now led to SUSTAINED institutional sell-offs of everything in this sector even in the face of ever rising company upgrades and bullish Q2 results ..take your pick, CVE off 25% (almost 10% alone yesterday,  MEG and even ARX down even with gas now solidly above $4 with another serious HEAT WAVE next week and potentially serious supply issues going into the winter...Hence the phrase "disconnect" is being thrown around to describe whats going on  across this sector with no prisoners escaping....Another reason NOT TO BE POSTING ABOUT ARC's outlook , how to run the company etc ..Bottom line...THE BANKsters and FLASHBOYS are in complete control and they don't care about company specifics AT ALL...see you, maybe in SEPT (as the song goes).  dwdc
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