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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 Jul 24, 2024 5:29pm
105 Views
Post# 36147003

RE:RE:It seems

RE:RE:It seemsOil pricing seems to holding it's own as it cycles up and down but NG would fair a lot better if the EU could wean itself off of the Russian teat.  Of course the EU needs to be reassured that there is ample alternative supply before it gives Russia the cold shoulder.  The addition of more North American LNG export terminals may help to put them at ease and face up to the fact that they are financing both sides of the Russian / Ukranian war.  One with natural gas purchases and the other with millitary aide.  It is an odd stance for the largest group, outside of the Ukrane, with the most to fear should Russia prevail in its agression to take.  Sure alternative energy sources are more expensive than Russian gas including LNG.  But they can't cost more than feeding the Russian war machine while simultaneously relying on them for their energy supplies.  Russia has already proven to be unreliable almost plunging the EU into war-time-like rationing on energy.

The EU just approved limited sanctions on Russian NG and LNG.  They need to go further but before that the LNG producers needs to catch up.  Say in 2025?  

It should all start coming together in 2025 Trapped. It's not too bad now. ;-)

GLTY and all ARX BULLS


Trapped wrote: As a value investor, out-of-favor sectors with strong underlying fundamentals are my absolute favorite.

But, yeah, energy can't catch a break at the moment.

startenout wrote: The onlyone who does not believe in the oil & gas sectors upside is everyone? 
 




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