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Bullboard - Stock Discussion Forum 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... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Long term value creation? or Short term value Destruction!
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Post by MyHoneyPot on May 21, 2021 10:45am

Long term value creation? or Short term value Destruction!

Liquids rich companies have seen major share price improvements.

Arx has not received the endorsement of the investment community, and next week will be a important date for management to showcase their brillant plan.

If they come short, we will all come short.

If there plan is that Tourmaline is their direct competition, they are not going to do this with Arx sleepy manner of running a company, and they will need to come to the market with continual accretive M&A options, and asset monetiztion strategies. 

Otherwise management needs to be up front about things, admit they are a bigger version of painted poney and once they received all their non-performace shares will sell you out.

With the share price trading as a huge discoutn in evaluations, management has hand cuffs on the company and if they story is not compelling to the investment community, Arx will stay strapped to the 9 dollar a share price pole.   

You can't act like the old ARC and be competative with TOU!


IMHO
Comment by Wildfury1 on May 21, 2021 12:13pm
This story of ARX being undervalued, analysts saying buy, buy, buy, $11-$15 price targets is nothing more than BS. I bought this and now seriously regret it. Low volume, oil up ARX down, oil down ARX down. The big players must know something we don't and management doesn't care about the shareholders. Doesn't matter how good the earnings are or the institutions hyping this, it will ...more  
Comment by barneyj44 on May 21, 2021 12:35pm
Patience Wildfire. Lol . Just a couple of months ago I was down $3500 hundred on Arc and with the recent run was up $11k on paper. With the recent retreat its now down to $9 but not too worried as I believe our share price will shoot past $10 easily in the weeks and months to come.
Comment by alta0264 on May 21, 2021 2:33pm
I think in the absence of any fresh news to drive the sp higher ARX is stuck in a sideways pattern. Big buyers slow playing it and accumulating as shares in smaller and weaker hands get frustrated and sell IMO.
Comment by barneyj44 on May 21, 2021 3:14pm
Bingo Alta, nobody has any patience these days , including myself. Happy Queen Victoria Day. Lol. I guess we can't even say that anymore . Happy May Day...
Comment by barneyj44 on May 21, 2021 12:44pm
Wildfury forgot to mention check out the volume. We have over 720,000,000 shares and less then 1 million shares traded so far, minuscule in the big picture. Collect the dividend until Arcs true value arrives.
Comment by Wildfury1 on May 21, 2021 4:27pm
That's what I said, no volume for a stock with 743,000,000 shares. There's no interest from the big institutions and maybe the market is going to tank big soon that's what they're waiting for. Think about it, if it's so great this should be $15 right. Crypto is tanking, the markets are nervous. Oil and gas companies that suffered last year are finally turning the corner until ...more  
Comment by topdown99 on May 21, 2021 5:42pm
It sounds like you can't sleep at night wildfury , its probably a good idea for you to take a time out , call it a mental health break . Personally I have a more long term view of ARX and the energy market , my short term view is focused on fall/winter 2021 .  The sector is still undervalued and sure , the "cool kids" would frown on anyone recommending or owning an energy stock ...more  
Comment by Trapped on May 22, 2021 9:30am
But patience is exaclty what's required in situations such as this. We're not in a casino; we've invested in a company with solid fundamentals in an industry that can expect above-average returns for the foreseeable future. Realizing that true value can take time. There's really nothing more to say. -- This story of ARX being undervalued, analysts saying buy, buy, buy, $11-$15 ...more