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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 Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Checking in on the sector
View:
Post by Cheadle12 on Aug 18, 2022 2:20am

Checking in on the sector

laggard.

Yep - It's ARC Resources, the big dog of the industry.

2% dividend and unlike many names, unable to even reach pre-covid/downturn highs, for ARC this would be $24.  

Woof woof, arc is a mutt.
Comment by Mike975 on Aug 18, 2022 9:59am
Agreed, every day I think it should pop (ie. Oil up 3%, gas up over 6% on the week), Arc finds a way to stay flat. Time to move money out
Comment by Trapped on Aug 18, 2022 10:41am
It's all about perspective. I'm up 100% and wouldn't dream of taking shares off the table at this time. Look at the tailwinds: BC OGC issuing the first drilling permits in more than a year (ARX included). A BRFN announcement can't be far behind. The volume of hedged production will be cut in half in little more than 4 months. U.S. SPR releases ending in 8 - 10 weeks. NG is surging ...more  
ARC Resources Ltd