ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near Grande Prairie and the region includes Kawka and Ante Creek. Kawka is a premium condensate-rich and high-deliverability natural gas play with top-tier development opportunities. The Company’s operations in northeast British Columbia feature low-emissions assets and are strategically connected to third-party egress and hydroelectricity. The Company’s operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland 3-9.

TSX:ARX - Post by User

ARC Resources Ltd > ARC Projections 275%

<< Previous

Bullboard Posts

Next >>

Comment by Grandcentralon Jul 26, 2021 6:23pm

114 Views

Post# 33608208

RE:ARC Projections 275%

Nice positive post MHP. Re-posting for the people who have put you on ignore.
Hopefully Q2 is the big turning point for Arc, and for your posts.
GLTA

MyHoneyPot wrote:

https://ca.investing.com/news/stock-market-news/3-canadian-stocks-expected-to-report-wide-earnings-swings-this-week-2489981

ARC Resources stock EPS to surge 275% in this week’s earnings ARC Resources (TSX:ARX) virtually opened the market on July 12, 2021, to celebrate its 25th anniversary of trading on the TSX. Investors could be celebrating the company’s great achievements during the second quarter later this week if results come in as expected.

The company is expected to release second-quarter earnings results before markets open on Thursday. Market players expect ARC Resources to report a strong second-quarter GAAP EPS of about 21 cents. This should compare well against a net loss of 12 cents during the same period last year. A strong EPS growth of 275% year-over-year will be wonderful news to ARC Resources stock investors.

The company’s recent merger with Seven Generations during the second quarter could be accretive to both revenues and cash flows. Quarterly revenue estimates hover around $352 million, up 59.6% year over year.

ARC Resources has beaten analyst earnings projections by wide margins in the two most recent consecutive earnings reports released in 2021 thus far. The stock usually responds significantly to earnings beats and misses. Analyst consensus estimates give ARX stock a potential 49% over the next 12 months.

IMHO