ARC Resources Ltd T.ARX

Eric Nuttall

[retiredcf]

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

[Quintessential1]

Yes 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

[Trapped]

I love it! And where's He Who Shall Not Be Named to criticize our 'rookie' management team and their 'failed' approach aka: Sustainable dividend, ferocious buybacks, ongoing debt reduction and organic growth. Compared to what this clown was thinking, Terry and the boys were playing 3D chess the whole time. Cheers and GLTA ARX Bulls.