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... see more

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ARC Resources Ltd > Arx Traders

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Post by angelnicky on Feb 10, 2022 11:24am

Arx Traders

traders seeems to be dumping arx today
if expectations not meet, stock may drift lower
have faith in the CEO/CFO with an anouncement of an increase div to 20 cents per quarter/ will be great news with oil declining, however our leadership team have hedges in to look after this should oil go low

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Comment by Vozaday on Feb 10, 2022 11:37am

That's definitely a concern. No one in the CDN O&G sector has met estimates yet that I follow at least. Could see a good sell off today and tomorrow. But then I expect a speedy recovery back to where it was. Unless they miss it by a lot. If the SP raises drastically at the end of the day I'll sell and buy back tomorrow. If it drops then I'll hold. At least that's the pattern I& ...more

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