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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 Sunsurfer12on Jun 30, 2022 4:58pm
166 Views
Post# 34795093

RE:Gas sells off 15% today

RE:Gas sells off 15% todaya couple other things to consider:
1) we should have a small hedging gain in q2 (paper gain but better than loss)
2) another 60 days and freeport will start coming back online which will start being put back into forward demand models soon
3) per todays Natural Gas Intelligence report, supply is having problems meeting forecasts..down 1-2 bcf all week..may have been a pump all you can scenario for last couple of months and now you blew your spare capacity/get back to more sustanable (slightly lower) production
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