ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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.

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ARC Resources Ltd > What hedging losses do the share Price

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Comment by screwuboton Oct 31, 2021 3:28pm

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Post# 34071076

RE:What hedging losses do the share Price

Perhaps EIA should have consulted with Shaleguy and Stevie Wonder when making their forcast in December of 2020 when it forcast 2021 WTI oil prices to average $45.78 and $3.01 for natural gas. I think management did the right thing to mitigate risk with these Hedges especially considering the pending dept load they were about to aquire with the Seven Generations.

https://www.marketwatch.com/story/eia-lifts-2020-2021-forecasts-for-oil-prices-but-cuts-the-outlook-for-natural-gas-2020-12-08

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