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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 > Confidence is waning now among investors.
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Post by Cheadle12 on Aug 20, 2021 4:12pm

Confidence is waning now among investors.

This could thwart new funds buying ARX.  Stock should never have trended down this far from near $11.   That's not a good sign.

Great Assets, but weak PR.
Comment by not4anymore on Aug 20, 2021 8:01pm
At this time, the best thing that ARX can do is buy back some paper and then increase the dividend. Attachie and Kakwa aren't going anywhere! Why would any company want to increase supply to those folks that are intent on phasing you out!
Comment by Sugaree on Aug 20, 2021 9:01pm
You make it sound like arc is the only oil stock down huge over the past several weeks. They are all down 20-30% give or take.
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