ARC Resources (ARX) has notable insider buying

ARC Resources (T:ARX)

Brian Rognvald Groundwater, a Senior Officer, acquired 1,600 Common Shares on an indirect ownership basis for registered holder Brokerage Account at a price of $16.858 through the public market on June 22nd, 2022. This represents a $26,973 investment into the company's shares and an account share holdings change of 33.3%.

Lisa Ann Olsen, a Senior Officer, acquired 3,725 Common Shares on an indirect ownership basis for registered holder RBC Direct Investing at a price of $15.279 through the public market on June 24th, 2022. This represents a $56,913 investment into the company's shares and an account share holdings change of 17.7%.

ARC Resources Ltd. is a Canada-based oil and gas company. The Company's activities are focused on the exploration, development and production of unconventional crude oil, condensate, natural gas and Natural gas liquids (NGLs) in western Canada. The Company's assets are located in northeast British Columbia and northern Alberta in the Montney formation. The Company's operations in Northern Alberta are located near Grande Prairie and include Kakwa and Ante Creek. The Company's operations in northeast British Columbia feature low-emissions assets and a network of owned-and-operated facilities that are connected to third-party egress and hydroelectricity. The Company's operations in the Northeast British Columbia region include Greater Dawson, Sunrise and Attachie. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland 3-9.