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ARC Resources posts record production but weaker Q3 earnings

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ARC Resources posts record production but weaker Q3 earnings

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Natural Gas News
ARC Resources posts record production but weaker Q3 earnings

Summary

Quarterly production increased but weaker prices produced lower earnings. by: Dale Lunan

Montney producer ARC Resources said October 27 it had record oil and natur...

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Natural Gas & LNG News, Americas, Corporate, Financials, News By Country, Canada

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Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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