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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 18, 2024 9:58am
39 Views
Post# 36317823

RE:RE:RE:RE:RE:RE:RE:Using technical analysis for this one.

RE:RE:RE:RE:RE:RE:RE:Using technical analysis for this one.So true, WCE. What bothers me is that there is zero recognition for everything ARX has done to get to this point. Their purchase of VII was masterful and the timing was near perfect. So then you have to struggle for a few years, pay down debt and get the share count back down to a reasonable level. Done and done. 

So they've done the work, commissioned Attachie and now are in a position to really start reaping the rewards, which we're just starting to see in terms of the SP and a rising dividend yield.

So, why some clown would begin trashing the company now (when the dark days of the last downturn are behind us) is completely beyond me.

With LNG coming and the lucrative supply agreements in place, it's pretty much blue skies ahead.

That's why I feel he has zero credibility. Whatever his beef is with management is not the market's concern.

Cheers and GLTA ARX Bulls.


Westcoastenergy wrote: Wow, I didn't go over to the VET board to confirm, but I trust your summary.  With MHP, given his rants over the years, I figure he must have had a personal relationship with ARX management that went sour and has nothing good to say about the company, no matter what.  Reminds me of the mirror website for Shell created a former gas station owner with a long standing beef and it trashes Shell at every corner.  Looks like a legitimate Shell website but its sole purpose is to bash Shell.  Perhaps that will be MHP's next move.....Sad really.  Such a waste of energy.


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