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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 MyHoneyPoton Nov 26, 2021 12:11pm
159 Views
Post# 34169439

Good Day to cover shorts

Good Day to cover shorts

Yes, the hedges are less costly today but the hedging strategy or lack of, still stinks to high heaven.

ARC with it agressive growth pursuits for Attachie is in a great place with the market uncertainity, because they really can't do anything anyway, so i guess i am being positive here. The first nations have their hand tied.

It looks like an oil war is boiling in the markets, and i have been there, done that and will try to side step it with my energy stocks, for the time being. Cash is good..

I think the Covid responce is a little overdone, and it not like we have every been out of Covid have we. More of the same with are Vaccine card, and we can't stay locked down for eternity.  

I am working on my own Buy Back of Arc today, welcome me back the stock is dirt cheap here.

I still find the management a bit on the stupid side, but the assets do compensation for their many blunders. 

IMHO
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