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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 > Massive production and earnings beat - Looks good!
View:
Post by Trapped on Feb 09, 2023 5:38pm

Massive production and earnings beat - Looks good!

Just an initial look but this appears to be very strong.

Cheers and GLTA ARX bulls!
Comment by vwbusman on Feb 09, 2023 5:46pm
don't want to rain on the parade but the future outlook may dampen enthusiasm tomorrow They seemed very vague on further rewarding shareholders - I think the 70% drop in NG price should have been discussed  - it is likely what is holding them back from any specific dividend discussion (all they said was " The current dividend level remains sustainable through the current commodity ...more  
Comment by Quintessential1 on Feb 09, 2023 6:21pm
You don't WANT to rain on the parade but you will try to twice in less than 15 mins. Honestly...you can't rain on this parade. Great earnings! GLTA ARX BULLS
Comment by vwbusman on Feb 09, 2023 6:37pm
To be clear - I am long ARC - not a shorter I WANT share price to be positive tomorrow - just expressing concerns 
Comment by Quintessential1 on Feb 09, 2023 6:56pm
Just to be as clear - It does not sound like it.  But ok. I think we will see a positive reaction in the share price.   Perhaps they are saving the explaining for the conference call.  They should know they can't hide from that. GLTA ARX BULLS
Comment by vwbusman on Feb 10, 2023 5:07pm
I think we got a "Meh" from the market today on the quarterly report.   It would have went up 3% anyway with the price of WTI and NG up significantly today.
Comment by Quintessential1 on Feb 10, 2023 6:19pm
Tough room.  I didn't see any NG producers up over 3% today and the oilers that were are all exceptional balance sheet producers.  If the market puts ARX in that category, I'll take it. GLTA ARX BULLS
Comment by Lupuslupus on Feb 09, 2023 7:09pm
Killer Q This stock should be at $30! Im waiting for people to WAKE UP and see how much $$ the oil/gas. Companies are making and get buying!