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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 Westcoastenergyon Oct 18, 2024 10:52am
166 Views
Post# 36271588

Trading

TradingHaha, I haven't purchased any additional shares (sadly) since I bought heavily into Seven Generations in March 2020.  However, given all of the positive news surrounding ARX and Attachie, I couldn't help myself today as the shares have gone on a "blue light special".  I added quite a few shares.  Unless there is a complete collapse in the energy markets, I don't see much downside from here and only see upside.  I hope I am right.  At the very least, I foresee an increase in dividends coming forward which should also boost the share value.
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