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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 Trappedon Jan 08, 2022 7:46am
484 Views
Post# 34295805

My Take on Eric

My Take on EricI agree that he's out for one person and one person only. He'll be bullish on a name one day and will sell it down the river the moment it no longer serves his narrative. But he's an opportunustic trader at heart, so why would you expect any different?

That being said, I believe he's been a net benefit to the Canadian O&G industry as a whole. There's noboby else with any clout advocating in this space and he has brought a lot of positive exposure to the sector. He showed leadership coming out of the 2020 trainwreck, which served his own interests for sure but also can't be denied.

As for Shact, don't even get me started...
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