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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 > I sold my position in ARC today.
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Comment by DukesMtlon Feb 24, 2023 6:44pm
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Post# 35304649

RE:RE:I sold my position in ARC today.

RE:RE:I sold my position in ARC today.

Actually, I got a double with ARX having bought in years ago at 7-8 range. LNG prices are going to ZERO and oil producers will be burning off NAT Gas due to the GLUT that has been accumulating and will worsen in the spring time when nobody needs NAT Gas to heat or cool anything! 

Just hold on to your shares and we can revisit this in late May to see who was correct.

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