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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

Comment by Longrunner11on Feb 11, 2023 11:07pm
149 Views
Post# 35281794

RE:RE:$20 target

RE:RE:$20 target
I'm really hoping that this is a $30 stock as well. The numbers sure point to that.

What are your thoughts on why the stock price seems to be lagging of late? Do you think that buyers are just waiting for some of the geopolitical issues to settle down a bit? So much great news and bright future and yet the price isn't showing it.

Don't get me wrong ... I've owned ARC for a long time and don't plan on getting out any time soon. The price fluctuations just don't seem to make sense on most days.

Thanks for your comments MHP. Always appreciate your viewpoints.

Cheers.
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