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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 Jan 12, 2024 12:24pm
147 Views
Post# 35823824

RE:Short Term Performer

RE:Short Term PerformerTotally agree!  ARX dropped its drawers less and is pulling them back up faster then the rest of the sector.  Outperforming nearly everyone YTD.

GLTY and all ARX BULLS


SideshowBob1 wrote: What do WCP, TVE, TOU, CPG, BTE all have in common today? They have been killed by ARX over the last 5 sessions. Flight to quality. Love to see it. 

ARX has reduced its share count by 17.6% since Jan 2021. 
WCP has reduced its share count by 0.02% since Jan 2021. 

17.6% of all shares is a lot of weak hands washed out. Good to see management strategy rewarding shareholders in spades. Heavy macro uncertainty and commodity prices are barriers to a bull run, but ARX is clearly the right horse. There might be a trade or two to be made from the .50-$1.00 swings this stock likes to make. But keep that core intact. GLTA. 


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