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 > Oil up massive tonight

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Comment by Trappedon Jul 07, 2022 9:50am

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Post# 34807983

RE:RE:Oil up massive tonight

I like your optimism; we need more of that on here! But seriously, nothing goes down forever and nobody expected the entire sector to tank by 30+ per cent over the last month. A healthy pullback would have been totally expected but this has been something else entirely.

And I would have been concerned had the fundamentals for ARX and really all E&Ps not been so overwhelmingly compelling and strong. It's all good for the long-term investor IMO.

MHP, let us know how you're going to proceed once you've figured out how the BoC's interest rate decision affects the outlook for stocks next week. Market-timing is almost always a fool's errand and can bite you harder than anything.

Cheers and GLTA ARX longs.