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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 > nat gas inventories??
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Post by downwithdotcom1 on Aug 24, 2023 10:29am

nat gas inventories??

so it thurs- EIA nat gas inventories will be out. Anyone with a fast link please post. Thank-you...dwdc

PS EIA oil inventory draws were triple the expected level and it didn't help this week-too much SCAM negative data ..if i hear/read the word recession -I'M GONNA PUKE!!!!
Comment by Quintessential1 on Aug 24, 2023 11:04am
It looks like stocks are up a smidge.  I wonder if LNG is back in full swing yet? https://ir.eia.gov/ngs/ngs.html GLTY and ALL ARX BULLS
Comment by Quintessential1 on Aug 24, 2023 11:09am
It was smaller than expectations apparently though. August 24:   Today’s EIA weekly nat gas storage report printed a build of +18 Bcf, much smaller than market expectations of +31-33 Bcf and decently smaller than the 5-year average of +49 Bcf.  The build decreased surpluses from +299 Bcf to +277 Bcf, while supplies increased from 3,065 Bcf to 3,083 Bcf. https ...more  
Comment by downwithdotcom1 on Aug 24, 2023 11:46am
nat gas only up 4 cents even with these bullish numbers-keep reading thou that LNG exports have fallen due to operational/maintanence issues at several of these facilities..just can't win (sigh) dwdc
Comment by Quintessential1 on Aug 27, 2023 10:14am
It is the problem of hanging your hat on one commodity something that ARX mangement is trying to diversify itself of by as much as 50%-60% into the area of not just NG but oil and NG. Watching https://natgasweather.com/ they are now reporting on this season of hurricanes and tropical storms which may hamper NG exports again but also have the added effect of shutting in oil production which ...more  
Comment by GunnerG on Aug 28, 2023 4:24pm
I don't see LNG Canada being able to help when gulf coast is shut in.  Would hope that LNG Canada's capacity would have nearly full utilization on a day to day basis and not waiting for something to happen in the gulf coast. I would also expect it to be quite difficult to get additional VLGC to Kitimat to make any difference in the short term.
Comment by Quintessential1 on Aug 29, 2023 9:40am
No but it does keep ARX's NG flowing to allow for some revenue.   Hurricanes seems to affect Gulf LNG and NG every season it may be better to shift some of that production to the west coast where hurricanes are less frequent (I could not believe California was hit with its first one in over 80 years).   Of course there are wild fires to contend with so I hope extra ...more  
Comment by downwithdotcom1 on Aug 30, 2023 8:40pm
tomorrow is a BIG day for a potenial break-out of nat gas prices. This is based on expected much lower than 5 year average inventory #s plus another heatwave in the works for next week...see what happens..dwdc