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