RE:RE:TOP WELL REPORT – Oct. volumes – ARC Resources sets a recordThanks, Quint! And I'm not sure if the initial 20,000 BOEs/Day from Attachie 1 were baked into the initial expectations for Q4/24 production. If they were not, next earnings should be really positive, and also considering that they're now setting all-time company records for condy production per the BOE Report article. I don't track condensate prices (I should), but I know it trades at a nice premium to WTI and, of course, there's the relative strength of USD-CAD, which also helps.
At the risk of sounding like a mindless pumper (I'm not), I have to say I've never seen so many bullish signals for the stock in the 7+ years that I've been building my position. This is experience talking and not just some idiot (well, maybe) flapping their gums lmao. There were some dark days in those early years for sure, but I really think investors, funds and institutions are starting to catch on.
It's just my opinion, but I truly beilieve we'll have a relatively short trip to $30+. Cheers and enjoy the weekend!
Quintessential1 wrote: Great news Trapped thanks for posting it again!
It doesn't matter if the oil gets shipped east, west or south it doesn't move without condy.
Twin those pipes again and ship twice as much west because that condy doesn't come back.
GLTY and ALL ARX BULLS