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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 Westcoastenergyon Nov 19, 2024 12:03pm
58 Views
Post# 36319919

RE:RE:Using technical analysis for this one.

RE:RE:Using technical analysis for this one.FoolDumb embarrasses those, like me, who hold significant shareholdings in WCP.  It is a great company.  It has been frustrating over the past several years as it has essentially stagnated share price wise.  During that time I can't say that ARX did not disappoint several time (particularly on the dividend front).  However, WCP's dividend has been reliable and has slowly but surely increased over the years.  Frankly, holding both WCP and ARX is, in my view, a good strategy in diversification in energy shareholdings.  I expect both to do very well over the longer term.  Meanwhile, keep the dividends rollling in.  I have been long on both since 2020.  Stupidly sold a bit of ARX in 2023 to buy SGY (which will be sold at a loss shortly during tax selling season) but have only added both ARX and WCP over the years.
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