ARC Resources Ltd T.ARX

$20 target

[iwpete]

Jeremy Mccrea from Raymond James has a $20 target
he's rated 147 out of 8332 analysts
Michael Dunn from Stifel Nicolaus has $21 target
Randy Ollenberger from BMO Capitol has $24 target

maybe $20 is do-able
BMO CapitalBMO CapitalBMO CapitalBMO CapitalBMO Capital

[Longrunner11]

I also think that $20 is attainable, however it really looks like sentiment is shifting away from O&G stocks. A while ago I compared the analysts' target prices for ARC with the actual prices a year later. I was essentially trying to determine their accuracy in forecasting share price based on financials, etc. While at times they got close, by and large analyst predictions were about 75%

[MyHoneyPot]

No this is really a 30 dollar stock, if they get Kakwa to 200,000 boe/day Kakwa by itself is worth 10 billion Kakwa has over 2 billion in plant and infastructure.  ARX stock is a 30 dollar stock. The balance sheet looks perfect, the hedges looks fantastic compared to last year, the FCF is going to the moon, wait until next quarter. I am already excited.  Even with the lower gas

[Longrunner11]

I'm really hoping that this is a $30 stock as well. The numbers sure point to that. What are your thoughts on why the stock price seems to be lagging of late? Do you think that buyers are just waiting for some of the geopolitical issues to settle down a bit? So much great news and bright future and yet the price isn't showing it. Don't get me wrong ... I've owned ARC for a long

[MyHoneyPot]

Last year ARX has hedges that cost over 1.2 billion dollars. Imagine if ARX had an additional 1.2 billion in FCF, how would that of impacted the stock. Roughly $2 dollars a share lost in hedging.  Other positives going forward, is the balance sheet is sparkling clean, really no debt but long term debt at 2-3 percent. Kakwa is poised to perform, it just got a huge reserve upgrade, and will

[GunnerG]

Bad hedges plus other big negatives all part of the "merge" with VII Got VII for a good price so older Arc shareholders not to concerned, some from the other side can only whine. All part of the merge, no worries.  

[Quintessential1]

Yup if you go back to the 2020 YE for ARX they have gains on hedging and $750 million in net debt. The takeover was an all share transaction so VII added all that extra debt that came with bad hedging to secure it and the only thing ARX management did was renogiate that debt into those senior notes due in 2026 and 2031 which looks like a brilliant move today. If you have a problem with this

[GunnerG]

$36.60....$25.00....now $30.00 All in less than a week. You could be an analyst that know one listens to