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 > Why?

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Comment by GunnerGon Nov 01, 2022 12:19pm

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Post# 35063465

RE:Why?

It is like asking why milk and bread don't go up and down the same. They are different commodities used for different purposes and have different pricing factors.

Gas was up huge yesterday but oil wasn't. Today its reversed.

rico91 wrote: Why is it that whenever Oil is up big, Nat Gas is down Big and vice versa?
Is there some kind of recognized inverse Relationship?
Yesterday, not gas up big and oil down over a dollar. As I write this, Oil up 2.72 and Gas down .35?
Thoughts?
Rico

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