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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

Energy Oil & Gas E&P
ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Scotia increases target from $34 to $35
View:
Post by Westcoastenergy on Oct 16, 2024 9:38am

Scotia increases target from $34 to $35

After updating his forecasts for North American natural gas companies to fall in line with commodity price deck changes, Scotia’s Cameron Bean raised his targets for Arc Resources Ltd. (
ARX-T +0.04%increase
 
, “sector outperform”) to $35 from $34 and Kelt Exploration Ltd. (
KEL-T +0.62%increase
 
, “sector outperform”) to $10.50 from $10, while he lowered his Birchcliff Energy Ltd. (
BIR-T +0.74%increase
 
, “sector perform”) target to $7 from $7.50. The averages are $30.50, $8.85 and $6.65, respectively.
Comment by downwithdotcom1 on Oct 17, 2024 5:30pm
while he lowered the price target for BIR slightly, i totally see this as one of the last RESERVE plays waiting for a BUYOUT-the other, of course was CR and we all know what happened there...dwdc
ARC Resources Ltd
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