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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 Sunsurfer12on Nov 28, 2022 1:40pm
319 Views
Post# 35134344

Options overhang gone

Options overhang goneCongrats everyone..we are now in the January 2023 contract which means the bulk of Arc's hedging has disappeared with only very limited/inconsequential hedging left.

Add to that a new polar vortex coming down, China opening sooner rather than later and we're standing on a great foudnation for 2023

https://www.zerohedge.com/weather/atmospheric-chess-pieces-align-polar-vortex-may-unleash-arctic-blast-far-deep-south


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