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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 > Trading
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Post by Westcoastenergy on Oct 18, 2024 10:52am

Trading

Haha, I haven't purchased any additional shares (sadly) since I bought heavily into Seven Generations in March 2020.  However, given all of the positive news surrounding ARX and Attachie, I couldn't help myself today as the shares have gone on a "blue light special".  I added quite a few shares.  Unless there is a complete collapse in the energy markets, I don't see much downside from here and only see upside.  I hope I am right.  At the very least, I foresee an increase in dividends coming forward which should also boost the share value.
Comment by Trapped on Oct 18, 2024 10:59am
I'm sure you'll do very well with your shares purchased today. I haven't bought in years because my position is already massively overweight looking at the composition of my portfolio. I'm not unhappy about that in the least and I continue to wait for better times ahead while collecting a nice dividend. Happy Friday, everyone!
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