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analysts raise target prices for arc resources stock amid positive outlook

ARC Resources (TSE:ARX) saw its target price raised by UBS Group from C$37.00 to C$39.00, indicating a potential upside of 35.46%. Other analysts have also increased their price targets, with seven giving the stock a buy rating. Currently trading at C$28.79, ARC Resources has a market cap of C$16.94 billion and operates primarily in the Montney basin in Canada.

ubs maintains buy rating for arc resources focused on canadian energy sector

ARC Resources Ltd. is a Canadian energy company specializing in the exploration and production of unconventional natural gas, condensate, natural gas liquids, and crude oil, primarily in the Montney region of Alberta and northeastern British Columbia. Key areas include Kakwa, known for its condensate-rich resources, and Attachie, which is set for large-scale development. The company also operates in the Greater Dawson area and Sunrise, which features a low-cost, high-recoverability dry natural gas play with access to liquefied natural gas markets in Canada.

arc resources expands operations in western canada's montney region

ARC Resources Ltd is a Canadian energy company specializing in the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids, and crude oil, primarily in Western Canada. Key operations are concentrated in the Montney region of Alberta and northeastern British Columbia, with notable areas including Kakwa, a condensate-rich gas play, and Sunrise, a low-cost dry natural gas play with strong connectivity to Canadian liquefied natural gas markets.

ubs reaffirms buy recommendation for arc resources focused on canadian energy sector

ARC Resources Ltd. is a Canadian energy company focused on the exploration and production of unconventional natural gas, condensate, NGLs, and crude oil, primarily in the Montney region of Alberta and northeastern British Columbia. Key areas include Kakwa, known for its rich condensate and development potential, and Attachie, which is prepared for large-scale development. The company also operates in the Greater Dawson area and Sunrise, which features a cost-effective structure and direct access to liquefied natural gas in Canada.
18:01 11.11.2024
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