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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

Energy Oil & Gas E&P
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

ARC Resources Ltd > Price targets?
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Comment by Trappedon May 06, 2021 7:03am
180 Views
Post# 33138852

RE:Price targets?

RE:Price targets?I concur with both projections below, which should be eaily achievable given this breakout performance and that everything is going to plan in a rapidly improving macro environment. Should be an interesting day and year to be sure!

Cheers and GLTA ARX longs!

--

I'm not sure who is messing with Investor's Edge's Earnings tab for ARX but it looks changed from last night.  It doesn't really matter as a 2x EPS beat of the high estimate is all I need to know.  Anyone care to predict  price targets for the near future?   
Here are mine:
$9 today easy.
$14 by end of year.
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