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 > ARX is sitting on a lot of Cash - West Coast Gas Prices

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Post by MyHoneyPoton Jan 25, 2023 11:19am

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Post# 35245211

ARX is sitting on a lot of Cash - West Coast Gas Prices

West Coast Gas Prices

The gas prices on the west coast TOU said they average around 30 dollars U.S. a Mmcf for the entire month of december.

TOU Press Release!!

They gas price spike to 57.07 U.S. at PG&E city gate on Dec 21.

That is equavilent to oil selling for $458 boe Canadian.

Amazing, i think ARX numbers are going to knock the stock out of the ball park.

IMHO

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