The Globe and Mail reports in its Tuesday edition that the U.S.-Iran war has sent energy prices soaring on supply disruptions, while the prices of some other commodities have plunged on recession fears. Guest columnist Ted Dixon writes that insiders can help us figure out what may lie ahead. Typically, we would expect to see profit-taking after a strong rally such as what we have seen with the S&P/TSX Capped Energy Index, which was up about 13.1 per cent over one month as of Friday. ARC Resources is a case in point. It is one of Canada's largest natural gas producers, with operations concentrated in the Montney formation. It has exposure to Canada's liquid natural gas export opportunities via its B.C. projects that include Greater Dawson and Attachie. In March, 2025, ARC announced a long-term LNG off-take agreement with an Exxon affiliate through the Cedar LNG project, where operations are targeted to begin in late 2028. The stock dropped in early February after the company reported results from Attachie that were below expectations. Insiders bought the pullback. Nine company insiders spent a total of just over $2-million buying shares in the public market in February alone. The accumulation continued in March.
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