TSX:ARX - Post Discussion
Post by
Quintessential1 on Aug 16, 2024 4:58pm
Top Picks by Eric Nuttall
ARC Resources (ARX TSX)
ARC Resources offers deep inventory depth with over 20 years of premium inventory depth and four to five equivalents of their current Attachie development area plus long-term leverage to a secular bull market in natural gas. Trading at 4.5 times EV/CF and returning 70 per cent of post-dividend free cash flow to returns, we see visibility for ongoing trading multiple compression from ongoing, meaningful share buybacks.
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
TVE TSX | N | N | Y |
NVA TSX | N | N | Y |
ARX TSX | Y | N | Y |
GLTA ARX BULLS
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