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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 Nov 07, 2024 11:26am
60 Views
Post# 36301162

RE:RE:The charts are pointing down for oil and gas prices

RE:RE:The charts are pointing down for oil and gas pricesLOL.  And I thought I held a grudge lol...and I do. ;-)

You know we all congratulated puddin'pop on his gain ( I think he sold higher than this even).

Told him it never hurts to take profits. 

Then he had to wander back in and take a dump not only on the stock but the enitre sector.

Why?  Why is the win only good if everyone else loses?  

He might be right in his prediction...in about 10 years or more.  Or not.

I feel like ARX is a longterm hold especially if NG becomes the bridge fuel to a cleaner energy transistion and it certainly looks to be as renewables continue to struggle to make up ground and reliably provide low cost energy security.  One thing about NG it always burns and it turns out you don't really even have to burn it to get the energy out whcih turns it into a green fuel.

Add in carbon capture and RNG and ARX seems poised to provide for an ever increaing global population's energy needs for the foreseeable future and beyond.  

GLTY and ALL ARX BULLS

Trapped wrote: I'm wondering if we're going to hear back from coolfooldumbguy??

There's something very satisfying about day-trading trolls getting liquidated.

coolfooldumbguy wrote: All of the oil and gas stocks are going to be pounded down soon because of the price of petroleum going down in the world markets for commodities.So that the oil and gas stocks will be following that trend too.It will not matter to the markets which stock you own because the whole group of them : ath bte bne arx cve tve gte gei vle,crescent point,& vermilion energy,whitecap resources,etc,etc,etc.So that all of you shareholders will get pounded down,including me.




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