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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

Post by Farmer12on Jul 14, 2022 11:02am
153 Views
Post# 34824124

Arc prospects

Arc prospectsWTI August Futures prices still around $120 Canadian and August NG Futures still around $8.90 Canadian. Boo hoo hoo!! ARC Q2 results should show incredible FCF and Q3, already about 1/6 in the bag, is off to a good start. The interest rate panic should calm down shortly and the market will be looking toward Q2 earning reports and future expectations. Month over month inflation will begin to decline as the economy, particularly home and car sales, slow down. There is no need to panic, to be in a flap, a flutter or a frenzy in fear of losing all our hard earned pennies. Hang on to your nuggets and carry on.
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