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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 Trappedon Aug 20, 2021 10:22am
170 Views
Post# 33739347

RE:Arc will come out of this dip stronger

RE:Arc will come out of this dip strongerExcellent points, GC. And I forgot to mention a point about Fed tapering, which everyone is freaking out about and impacting commodities. Fed tapering of its QE / bond buying measures is actually a good thing because it means the economy is improving and can stand on its own without endless CB support. People often lose sight of this because they're insecure that the punch bowl is being removed, but it's a bull signal from a long-term perspective. Same goes for interest rate policy... The reality is O&G is being set up for long-term supply constraints when we all know global demand will actually be increasing for at least the next decade. Canadian producers are well-positioned from a number of perspectives. Again, select solid companies and ignore the noise. JMHO! Cheers and GLTA ARX longs...
Grandcentral wrote: Arc is establishing a new bottom with a renewed investor base. Strong companies attract strong investors. The upcoming dividend will contribute to long term investors taking advantage of a good long term yield.
GLTA


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