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 > Top Pick

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Comment by retiredcfon Apr 15, 2024 2:05pm

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Post# 35989847

RE:Top Pick

Last stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/james-telfser-s-top-picks~2904183

Arc Resources (ARX TSX)

We recently added ARX to client portfolios for core exposure to natural gas and liquids. We believe the setup for LNG is attractive, but we were most attracted to the expected total shareholder returns. ARX has a very conservative, credible management team which increases the probability of recognizing the significant free cash flow growth we are projecting in the coming years (a triple to $4 per share). The current free cash flow yield is around 10 per cent and the stock is trading at a discount to senior E&P peers, a discount that we believe will slowly disappear.

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