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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 Aug 23, 2023 12:23pm
172 Views
Post# 35602018

RE:RE:Arc vs Vet

RE:RE:Arc vs VetI have to agree Trapped as I own both and and am very content holding ARX.

VET makes me pull my hair out some days but the WFT was not management's fault and they are still printing money in the form of FCF that will pay off eventually.

I expect ARX's and VET's SP to hit $23 ish and over at about the same time which makes VET a better growth opportunity if you has some dry powder that you wanted to swing and I think I see a cup and handle formed with VET dipping handle wise right now. 

But would I sell an ARX share to stick into VET right now?  No way!

I like the higher div the excellent management and the stable operating jurisdiction of Canada.

Easy Hold!

GLTA ARX BULLS!

  



Trapped wrote: 1) You're talking apples to oranges
2) It's not a competition
3) The EU's windfall profit tax is a Bit$h! 

I'm happy right where I am. Cheers and GLTA ARX Bulls.

WindsorGuy wrote: Vet much lower P/E and markets directly to European and UK markets  where price are up over 10% in last two days. GLTA




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