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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.


TSX:ARX - Post by User

ARC Resources Ltd > is this a good price to buy ARX
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Comment by prestedon Jan 12, 2023 12:32pm
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Post# 35218725

RE:is this a good price to buy ARX

RE:is this a good price to buy ARXMy opinion is yes. Vermillion dividend, for example,  is 1.6%  whereas ARX is 3.6%. Share price is currently $16.62 whereas the 12 month high was $22.88. So, a reasonable reward for waiting and every likelihood that it will return to at least the $22 mark. How long? How long is a piece of string! 
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