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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 alvarez2on Jan 23, 2022 4:14pm
140 Views
Post# 34350320

RE:Off topic? I don’t think so!

RE:Off topic? I don’t think so!
Looks to me like general markets are setting up for a major sell off. Showing lots of weakness around the fringes with speculative growth stocks taking an over due plunge. Tesla, Netflix , Shopify, Bitcoin, etc. If enough panic takes hold, it won't matter what it is........sellers will be unloading whatever will take a bid. Seeing oil at the level we're at and the O&G stocks going down for 3 straight days is a bit of a red flag to me. I'm guessing that there will be some great bargains to be had over the next 12 to 18 months. Dry powder is prudent imo.
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