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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 > Windfall Event
View:
Post by SideshowBob1 on Jan 15, 2024 2:27pm

Windfall Event

Remember last year (or the year before?) when a cold snap ripped through the west provinces and states and AECO gas prices went through the roof and it turned out to be a fairly significant windfall for CAD producers? I think that same dynamic is currently playing out. Nice set up for a juicy Q1. 

On Jan 14: Tara Weber via X AECO prices 
Jan 12-15: $14.00
Thats vs an average of ~$2.00 for the week leading up. 

Happy divvy day, got that DRIP working? Maybe that's driving the bid today. 

ARX 5 day: 11.42%
TOU 5 day: 0.78%

Gotta love taking TOU to the woodshed. About time the market recognized they are WAY overvalued in comparison.  ARX is the 'warren buffet' stock of CAD prodcuers - tell me I'm wrong. GLTA.
Comment by Trapped on Jan 15, 2024 3:09pm
Good comparison. As we know, TOU is an excellent company. I just feel ARX (still) has much better relative value with greater upside potential.
Comment by Lupuslupus on Jan 15, 2024 8:20pm
I own both Tou and Arx Definitley 2 of the best when it comes to NG As for saying Tou is being taken to the woodshed and being WAY overrated be very careful Mike Rose is one of the best in this industry and his track record is pretty impressive Good things come to those who have patience
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