Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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

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ARC Resources Ltd > Baptism

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Post by SideshowBob1 on Jan 17, 2024 1:54pm

Baptism

Just when things are looking up we get smacked with a staggering reversal. It's like getting kicked in the guts. But its par for the course. They call that a 'round trip'. DISMAL one might say.

What is the accurate valuation for ARX: Low 19's or mid 22's? Easy hold here, easy add in the teens, easy sell when over bought.

If I was taking bets on the over/under before we see 22.44 again.. I might have to take the over on 6 months.. $4 Gas, $80 oil would change things quickly.. Stay frosty.. GLTA.

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