ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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.

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ARC Resources Ltd > Nice to see the market coming to its senses

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Comment by Quintessential1on Sep 28, 2024 8:36am

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Post# 36245213

RE:RE:RE:Nice to see the market coming to its senses

Agreed at price targets of $34 per share being floated this is again money well spent Trapped!

ARX up 15% and paying out 3% for 2024 this is the best thankless year ever!

The worst, I believe, is behind us with rate cuts stimulating the economy and increasing demand.

2024 is not over yet so plenty of time to positively add to ARX ROI numbers before 2025 knocks them out of the park.

Got my POM POMS out and cheering like it's the Rosebowl but it is no fairytale Cinderella story.

It's real. EASY HOLD.

GLTY and ALL ARX BULLS

Trapped wrote: Yes, it looks like they spent roughly half of it in August and it would be great if they put the rest to work this month. Here's hoping, because I don't think we'll stay in this range much longer.

robert41 wrote: I wonder if they put some of that 80 million they have towards buying some shares at these prices... nice move of what was a gift of a share price.