ARC Resources Ltd T.ARX

RE:RE:RE:RE:RE:Still Restricted Over At CIBC?

[Westcoastenergy]

It was unfortunate that CIBC remains on restriction with ARX as they published a comprehensive article on gas producers and did not even mention ARX.  I know they are bullish on ARX and it will be great once they get off of restriction.  
FWIW, here are there picks and they are bullish on natural gas: (I have a small position in TOU, but none of the others)
"Our top gas-weighted ideas include Kelt, NuVista, and Tourmaline."
"Increasing our valuation expectations for gas-weighted equities. Concurrent with this note, we are fine-tuning our price targets for select gas-weighted equities. Our price target changes include: • Advantage: price target increase to $14.00/sh, based on 2026E EV/DACF 4.8x (prior: $12.00/sh assuming 4.2x 2026E EV/DACF)
• Kelt: price target increase to $11.00/sh, based on 2026E EV/DACF 4.2x (prior: $10.75/sh assuming 4.1x 2026E EV/DACF 4.1x)
• NuVista: price target increase to $20.00/sh, based on 2026E EV/DACF 3.7x (prior: $18.00/sh assuming 3.3x 2026E EV/DACF)
• Paramount: price target increase to $25.00/sh, based on 2026E EV/DACF 5.0x (prior: $22.00/sh assuming 4.3x 2026E EV/DACF)
• Tourmaline: price target increase to $77.50/sh, based on 2026E EV/DACF 6.0x (prior: $72.50/sh assuming 5.6x 2026E EV/DACF)"