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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 Apr 03, 2024 9:17am
104 Views
Post# 35967258

RE:Eric Nuttall

RE:Eric NuttallYes and making new 52 week highs weekly as reported unfailingly by TB and somehow still a takeover target at these levels with that buyout price increasing with every price target increase reported.

It is satisfying to watch the well deserved upward momentum of this stock knowing full well, that on pull-back days like yesterday, that are now reduced to just plain zero gain days at a time when oil prices are steadily ticking up and the WTI-WCS spread is consistantly narrowing even with those WTI gains, that ARX is still raking in cash for debt reduction, cap-ex funding and whatever way they choose to increasingly reward shareholders with FCF returns. 

I am very much looking forward to the next ER and enjoying the ride all the way there.

GLTA ARX BULLS     





retiredcf wrote:
BUY
Arc Resources Ltd(ARX-T)
02/04/2024
 
A 5% weighting for him, a sneaky way to get exposure to gas and condensate, the largest in Canada. Disciplined managers. Trades at a discount to TOU-T. Trades at a 10% free cash flow yield. $38.50 price target or 57% upside.
Oil / Gas

Eric Nuttall
$24.510
Owned


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