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Bullboard - Stock Discussion Forum
ARC Resources Ltd
T.ARX
Alternate Symbol(s):
AETUF
Energy
Oil & Gas E&P
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.
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TSX:ARX - Post Discussion
ARC Resources Ltd
> Q4 is still on track for record performance
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•••
Grandcentral
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Post by
Grandcentral
on Dec 01, 2021 7:34pm
Q4 is still on track for record performance
Late start to winter... new Covid strain... interest rate hikes...
buy the fear - this is a gift.
IMO GLTA
(12)
•••
Farmer12
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Comment by
Farmer12
on Dec 01, 2021 9:52pm
WTI average price was somewhre around $70.35 in Q3. If the average WTI price remained at ~$66.00 all through the balance of December the average WTI price for Q4 would still be around $73.50 U.S.more or less (77 + 77 + 66)/3= ~$73.50. If the average price of NG fell to $4.00 average for December, the average NG price for Q4 would still be around $4.90 U.S. Nymex (5.40 +5.40+ 4.00)/3 = ~$4.90
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