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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 Trappedon Nov 08, 2024 2:32pm
134 Views
Post# 36303744

RE:Greetings

RE:GreetingsTOU's an extremely well-run company. I just feel ARX has more relative upside and that the production step-change from Attachie Phase I hasn't fully been priced into the stock yet.

I also feel ARX has been held down as a result of weakness with NG prices this year, owing to the fact that it's mainly thought of as a NG name. Obviously its condensate weighting belies this, in addition to its strength with gas marketing via lucrative supply contracts both in Canada and into the U.S.

Looking long term, I don't think you can go very wrong with many names in the space right now.

Cheers and happy Friday.

PabloLafortune wrote: I usually post on KEL but they had a disappointing year so I'm going to start posting here instead expressing my honest opinions on the stock. I own 1,000 shares of ARX and Im fairly deep in the money. Should I invest more is my question? In order to decide, I'll be comparing ARX with other stocks. Probably start with TOU (which I also own). I won't be comparing it with Kelt because nobody in their right mind would consider them a comparable (a company like EQT which I also own would be a closer comparable IMO). 

I do appreciate the invitation from quintessential and trapped to come and post here though. Looking forward to it. 


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