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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its 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. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Post by Grandcentralon Apr 24, 2021 5:55pm
259 Views
Post# 33062223

For what it’s worth - average 12month targets

For what it’s worth - average 12month targets

Arc has the highest upside of average analysts' targets in Canadian O and G. It should be in a league of its own, based on size and quality - hard to believe its trading at a discount beyond small juniors that are higher risk. This is the best buy in the sector by far.
I chart targets, and as of Friday's close, Arc has an average target of $12.90 cnd which is a 77.76% upside from current SP of $7.39 cnd.

#2 Yangarra Resources 67.96%

#3 Crew Energy 63.83%

Leucrotta Exploration ~60%
Kelt Exploration ~60%
Crescent Point Energy ~60%

I believe all targets will be heading up after Q1, Q2, Q3, and Q4. Things are going to get better and better

IMO - based on targets found at marketbeat.com
 

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