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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 Westcoastenergyon Nov 03, 2023 1:53am
234 Views
Post# 35715163

ARC long term

ARC long termI finally decided to sell 1/3 of my shares earlier this week and loaded up on Surge with the proceeds.  Still hold a ton of ARX, all bought at $1.45 avarage cost in March, 2020.  I just see better growth opportunities in Surge.  However, ARX remains a stalwart for me and I am counting on much larger dividends in the future.  No reason for me to sell any more in the near to mid term.  
I haven't checked in here for over a year, and remain amazed that MHP stays and rants.  Wow.  I had some stinkers I sold and I have never looked back.  Such a waste of energy.  I continue to hold ARX, PEY, WCP, TPZ, the new Spartan Delta, the spinoff Logan and a Canoe energy fund.  Good times will continue to roll in energy in my opinion. GLTA and I'll check in in a year or so, lol (I can't take MHP's nonsense).
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