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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
> Trend is broken
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•••
angelnicky
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Post by
angelnicky
on Jun 14, 2022 4:20pm
Trend is broken
heading to 15 and then 10
have a nice evening to all of the greedy dreamers
(856)
•••
Quintessential1
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Comment by
Quintessential1
on Jun 14, 2022 7:04pm
Not by a mile. This give me a chance to fix the errors I posred earlier. The actual support (not resistance) is at $19.15 and ARX is still well above that. The trend line is way down there at about $17.25, It looks lie we are about to experience an accidental shoulder season I can't remember the last time NG prices went through a shoulder season at $5 nevermind $7. In actuality this
...more
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