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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 Sunsurfer12on Feb 23, 2024 2:46pm
154 Views
Post# 35896255

RE:RE:RE:ARX vs WCP 2023 Q4

RE:RE:RE:ARX vs WCP 2023 Q4Personally I sold covered calls on about 2/3 of my ARX holdings when it hit above $23..think NG is still going to have a brutal spring (depsite the Chesapeake news about cutting production which will take time).  Combine weak NG until late summer and combine with an ounce of Tech is in the stratosphere now which means a highly likely pullback in markets which will impact ARX as well as people get margin calls sometime soon..all combined, despite economy doing ok..were in for a tough few months, but can;t bring myself to outright sell my ARX..that would be unfaithful..selling covered calls for apoprtion is my emotional compromise 
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