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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 Grandcentralon Aug 16, 2021 9:11pm
188 Views
Post# 33715013

WCP leashed

WCP leashedLike all O and Gs, is trading the negative news, and completely overlooking the bullish reality of energy right now. It's extremely frustrating... but this noise will come to an end. We seem to now either need oil above $70 (the bulls set a foolish new standard, $60 is great and the bulls should be telling that story), have positive vaccine news, and a Canadian government who values GDP.
This is the time to buy. I feel for the margin crowd who might be forced into selling. It's never fun to let something go that you know is worth so much more.
GLTA
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