Analyst RecommendationWhile the question was about ARX which he likes, you can tell that his preference is still TOU. He also made Topaz a top pick which I will post shortly. GLTA
https://www.bnnbloomberg.ca/video/dennis-da-silva-discusses-arc-resources~2235972
BUY
Arc Resources Ltd
(ARX-T)
July 6, 2021
A core way of playing oil and gas in the intermediate space. Arc and Tourmaline are interchangeable. It's the biggest player in the Montney. Always well-regarded, under-promises and over-delivers. Last year saw the big Seven Generations deal. This trades in line with peers, though should be at a premium given the quality of its land base and strong track record of results. Balance sheet and management are also tops. He will never sell this. Decline rates have improved.
OIL/GAS
Dennis da Silva
Price
$10.310
Owned
Yes