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 > Triggering the algorithms

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Comment by Trappedon Feb 08, 2022 3:02pm

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Post# 34409759

RE:RE:RE:Triggering the algorithms

Yes, but if it is rotation, it will be a temporary one. None of the underlying fundamentals re chronic underinvestment in global supply vs. oil demand growth as the recovery progresses has been addressed.

E&Ps have had a solid run-up and this will provide necessary consolidation ahead of continued gains. Again, the broader story and the supply challenges it will bring hasn't changed IMHO.