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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 JoeDevon Jan 06, 2022 12:32pm
145 Views
Post# 34289502

Well did they buy a company recently with ALL STOCK??!!

Well did they buy a company recently with ALL STOCK??!!I'm not sure but on BNN yesterday they said they acquired a company in an ALL STOCK DEAL. So now aren't they more diluted? And How many shares did they pay for it as opposed to how many shares they are buying back??!!. If more than they are buying back then the company for now is worth less. And maybe worthless. ?!. THIS STOCK is a day traders dream. Look at what they're doing with it. I should have stayed with VET now 17.50 today.. while neck n neck with ARX just 2 months ago. Mistakes I make.
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