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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

Post by retiredcfon Nov 01, 2023 6:34am
145 Views
Post# 35710670

Technical Analysis

Technical AnalysisObviously the same criteria would apply to ARX. GLTA

BUY
Canadian Natural Rsrcs(CNQ-T)
31/10/2023
 
Natural gas is entering seasonality, especially November. CNQ has gas exposure. The chart is positive, breaking out recently after consolidating in recent years. 
Oil / Gas

Brooke Thackray
$87.820
Unknown
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