ARC Resources Ltd T.ARX

Resilient

[SideshowBob1]

Recognize the resilience of this name on a bad down day for oil. Almost like managment might be.. making strong moves in an environment of uncertainty?? Outperformed WCP by 25% in the last 3 months. Dont even look at PIPE, TVE, or BTE, dumpster fires all of them. Investor presentation was encouraging, 15 years strong left in Kakwa, Attachie ready to ramp, market access secured for this decade. Share holder returns incoming. Easy hold through the macro chop.  Say a prayer for Nuttal for dumping it.

Meanwhile, by 2050 netzero initiatives will cause canadian oil consumption to fall from 6mm bbls/day to 1mm bbls/day and prices to collapse to $25-35/bbl. Sure, and monkeys will also be flying out of my a$$.

[Quintessential1]

LOL BOB.  ARX showing strength again Friday as most oil and gas stocks were down. Whatever management said at the conference sure stirred up some interest and support. Oil is not going anywhere for a while and NG will be with us even longer as a bridge fuel. Treated properly NG may actually be the fuel to bank on for the future. Good to see ARX putting in place some good ESG policies as

[SideshowBob1]

Interesting spot here in terms of market cap. In 2016 7G market cap peaked at 11B. Arx market cap today: 11B - two companies this time, explains rbc upside target of $30.