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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 22, 2022 8:17am
241 Views
Post# 34842504

Q2 and Q3

Q2 and Q3We are about a week away from getting Q2 results, which should be very strong. Prices for WTI and NG were significantly better, generally speaking, in Q2 versus Q1. September WTI futures are now trading around $120.00 Canadian and August NG around $10.00!! Canadian. Q3 is already about 1/4 nailed down and, barring a surprise price collapse, which seems unlikely, Q3 should range between very good to fooking great. These oil and gas stocks are the red headed stepchildren of the stock market. The $8.1 billion takeover of Seven Generations, which was a big bite, has now been digested, debt paid down, share count reduced and FCF piling up under the mattress. At some point the bean counters, who are now diddling their spreadsheets, should see how underpriced this company is.
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