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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
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Post by retiredcfon Mar 17, 2023 11:33am
159 Views
Post# 35345044

BNN 2

BNN 2

The oil market is oversold: Analyst

Michael Tran, managing director of global energy strategy at RBC Capital Markets, says the oil market is trading as if we're in a full-blown recession, and there is a buyer strike out there. He says oil is currently US$15 below fair value.

https://www.bnnbloomberg.ca/video/the-oil-market-is-oversold-analyst~2648635

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