Analyst Recommendation BUY
Arc Resources Ltd(ARX-T)
11/03/2024
It is a soft spring for gas prices and we have had a very warm winter, therefore the demand is down. The interest has been in technology and AI. The market has tightened up recently and money has come back. It is at multi year high. It is 50% natural gas and 50% liquid gas, which he considers similar to oil. He owns Tourmaline for gas exposure and CNQ for oil exposure. If he owned another it would be ARC which covers both sectors. It is good for returning money to shareholders.
Oil / Gas
Bill Harris
$22.870
No