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 > 2023 TFSA discount gift

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Comment by AlwaysLong683on Jan 05, 2023 12:29am

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Post# 35204173

RE:RE:RE:RE:2023 TFSA discount gift

Quintessential1 wrote: You must have missed the acquisition always short.

Not surprised.

GLTA Longs

AlwaysLong683 wrote:
Trapped wrote: Exactly. I can't help but chuckle when I see so many 'investors' getting their undies in a bunch. The market is doing exactly what the market does. People who think the world is ending lose every time.

Onward and upward, nothing to see here, folks. Q4 financials are a month away.
Cheers and GLTA ARX bulls.

Grandcentral wrote: Do your own homework.
Easy decision for me.
GLTA

Onward and upward? If you mean 2023, not sure that will pan out. BOC and FED overtightening, likely recession, people cutting fuel consumption, possible warmer-than-average winter in North America generally speaking, etc.

ARX was trading at a ridiculously low 3.00 or so per share at the depths of the COVID scare. It is now trading at over 16.00. Low P/E, but that's the trailing 12 month earnings, not necessarily what earnings will be over the next 12 months.