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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 topdown99on Feb 12, 2022 5:56pm
226 Views
Post# 34423649

RE:RE:RE:RE:Can someone explain this Market

RE:RE:RE:RE:Can someone explain this MarketIt seems pretty obvious to me , the traders were prepared to take profits after the release of year end numbers . I doubt any of those traders expected oil to rocket on a Friday which was able to absorb those shares without a "waterfall" event . As next week progresses , I would expect continued upward pressure and when we achieve critical mass , $20 will be the next target .

Everyone seems to want instant gratification but it doesn't always work that way , I can wait them out but then I have time (FCF , profits and dividends) on my side . High frequency trading will make your broker rich while you pocket nickels and dimes .

Think about why you bought this stock in the first place , from my seat , ARC continues to improve and will have their time in the sun . I can only imagine the frustration of selling only to watch the price catch fire and take off . Everyone must do what's right for them but do it based on fact , not emotion .
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