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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

Post by Trappedon Oct 18, 2024 10:40am
87 Views
Post# 36271556

Here's Hoping!

Here's Hoping!I'm really starting to agree with Eric Nutall on something. This sector will never easily get widespread love from the tech-obsessed and virtue-signaling investing public and institutions. For it to happen, E&Ps are going to have to almost literally hit them over the head with prodigious FCF, continued aggressive buybacks, outsized dividends and the wave of M&A that would surely follow.

Of all these names, which benefit greatly from sales generated in USD, I continue to believe that companies like ARX represent some of the best opportunities with strong balance sheets, skillful operations and world-class marketing, We'll see what happens. Cheers and GLTA ARX Bulls.

https://ca.finance.yahoo.com/news/canadian-oil-stocks-set-for-unapologetically-bullish-q3-earnings-analysts-131422329.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
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