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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 coolfooldumbguyon Nov 15, 2024 4:28pm
138 Views
Post# 36315703

Using technical analysis for this one.

Using technical analysis for this one.Please remember that this is my opinion only and all of you guys out there should do your own due diligence for this stock.The fundamental s of this company are great,but the technical s of this stock were showing churning of it by the markets which means that less people were buying this one &  that more people were selling this one.So that you guys  should make up your own minds whether to buy it, or sell it, or hold onto it.For me it was an easy choice because it was a  5 bagger stock and its high for the year was past already.
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