RE:Eric NuttallYes and making new 52 week highs weekly as reported unfailingly by TB and somehow still a takeover target at these levels with that buyout price increasing with every price target increase reported.
It is satisfying to watch the well deserved upward momentum of this stock knowing full well, that on pull-back days like yesterday, that are now reduced to just plain zero gain days at a time when oil prices are steadily ticking up and the WTI-WCS spread is consistantly narrowing even with those WTI gains, that ARX is still raking in cash for debt reduction, cap-ex funding and whatever way they choose to increasingly reward shareholders with FCF returns.
I am very much looking forward to the next ER and enjoying the ride all the way there.
GLTA ARX BULLS
retiredcf wrote: BUY
Arc Resources Ltd(ARX-T)
02/04/2024
A 5% weighting for him, a sneaky way to get exposure to gas and condensate, the largest in Canada. Disciplined managers. Trades at a discount to TOU-T. Trades at a 10% free cash flow yield. $38.50 price target or 57% upside.
Oil / Gas
Eric Nuttall
$24.510
Owned