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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 > There’s the 52 week High Qunit!
View:
Post by ReitsRus on Jan 06, 2025 4:20pm

There’s the 52 week High Qunit!

Too bad we couldn't hold on to $27.74 but they all bled off but still closed 52 Week high. I see close to over just over $30 after Q4 Earnings!
Comment by Lupuslupus on Jan 06, 2025 4:27pm
New 52 week high should pave the way for a new all time high NG prices are strengthening, demand is up and LNG Canada a few months away from opening Same as TOU Future is looking $$$
Comment by Quintessential1 on Jan 06, 2025 7:05pm
Yup and I expect them to just keep coming but I was looking for ATHs. That would be in the $34.47 / sh range and like you said maybe after earnings. If not then, then after LNG Canada opens and ships?  EOY? I think that put the kybosh on a triple top too but if you still want to worry a H&S is always possible but with all these tailwinds in the start of the NG season I doubt one will ...more  
Comment by Lupuslupus on Jan 06, 2025 11:50pm
LNG Canada will be shipping H1 this year, few more months
Comment by BigJake on Jan 07, 2025 10:09am
Excuse my ignorance but what does ATHs refer to
Comment by Quintessential1 on Jan 07, 2025 1:25pm
No worries jake ATHs = All Time Highs. I believe ARX's were in 2008 at $34.47 per share.  I can't wait to be there again soon. GLTY and ALL ARX BULLS
Comment by BigJake on Jan 07, 2025 4:58pm
Thanks Quint, I find these all time highs more interesting now, very different company than 2008, twice the production and liquids rich. The thing that remains the same is very solid management.
Comment by Quintessential1 on Jan 08, 2025 10:34am
For sure BigJake.  I like the new 52 week highs too and to be fair they are actually like 10 year highs as the share price hasn't been higher than this since 2014. A way different makeup of the company now post VII merger as it sits at 40% liquids now but it is interesting to note that the latest buzz is that NG is the 2025 commodity in the O&G sector with LNG Canada coming online ...more  
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