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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 vinneyquaw2on Feb 24, 2022 1:33pm
143 Views
Post# 34458760

RE:RE:RE:RE:WTI just under $100

RE:RE:RE:RE:WTI just under $100Longer term is why I bought into ARC - I did some research and there are a lot of analyts recommendations to buy the stock - average price target of $19.00 per share. I got caught up buying into Nuvei - it seemed like a good idea at the time, but not to be - should have known better way too much of a gamble! Anyway got out to live another day. Hope I can make up my losses with ARC resources - a liitle surprised to see this one down - I mean considering the price of oil etc.?
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