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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...
and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.
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TSX:ARX - Post Discussion
ARC Resources Ltd
> Scotia increases target from $34 to $35
New Post
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(179)
•••
Westcoastenergy
X
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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.
(321)
•••
downwithdotcom1
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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
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