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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

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

Post by retiredcfon Apr 26, 2024 6:44am
205 Views
Post# 36008778

Analyst Comment

Analyst CommentHe's a conservative analyst with Goodreid and doesn't have much in the energy sector other than TRP. Made similar comments for TOU. GLTA

BUY ON WEAKNESS
Arc Resources Ltd(ARX-T)
25/04/2024
 
Volatile profitability, typical for a cyclical commodity company. Profitability stronger in recent years. Well managed balance sheet over the last decade, with minimal debt. Inexpensive valuation, as earnings have moved higher on the back of elevated commodity prices. Upgrades continue to push share price higher. He'd be interested around $20.
Oil / Gas

Robert Gill
$25.705
No
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