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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 Quintessential1on Jun 24, 2023 8:50am
172 Views
Post# 35512678

RE:Resilient

RE:ResilientLOL BOB.  ARX showing strength again Friday as most oil and gas stocks were down.

Whatever management said at the conference sure stirred up some interest and support.

Oil is not going anywhere for a while and NG will be with us even longer as a bridge fuel.

Treated properly NG may actually be the fuel to bank on for the future.

Good to see ARX putting in place some good ESG policies as they will surely be needed.

GLTY and all ARX BULLS

SideshowBob1 wrote: Recognize the resilience of this name on a bad down day for oil. Almost like managment might be.. making strong moves in an environment of uncertainty?? Outperformed WCP by 25% in the last 3 months. Dont even look at PIPE, TVE, or BTE, dumpster fires all of them. Investor presentation was encouraging, 15 years strong left in Kakwa, Attachie ready to ramp, market access secured for this decade. Share holder returns incoming. Easy hold through the macro chop.  Say a prayer for Nuttal for dumping it.

Meanwhile, by 2050 netzero initiatives will cause canadian oil consumption to fall from 6mm bbls/day to 1mm bbls/day and prices to collapse to $25-35/bbl. Sure, and monkeys will also be flying out of my a$. 


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