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 > Gas sells off 15% today

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Post by MyHoneyPoton Jun 30, 2022 3:15pm

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Post# 34794747

Gas sells off 15% today

So with gas down significantly today ARX is pulling back.

ARX - Gas price pull back

It really might be argued with 20% roughly less LNG capacity, becomes more north american pricing again. The build today 82 BCF was not that big, but still gas is off 15%, wow.

All the Q2 numbers should be fantastic, even for Arx, lets hope we don't have any surprize executive compensation in this report.

IMHO

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