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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (104986)	4/19/2021 2:19:43 PM
From: Goose94	Read Replies (2) \| Respond to of 202283

ARC Resources (ARX-T) revisited 2.0n top pick from John Zechner on BNN.ca Market Call Mon Apr 19th @ 1200ET Arc Resources has become the newest name among senior producers after buying Seven Generations Energy, consolidating assets in the natural gas-rich Montney region of British Columbia and Alberta. The combined company becomes Canada’s largest condensate producer and third-largest natural gas producer. Positives from the deal include cost savings, capital allocation opportunities and larger company size being advantageous when dealing with marketing partners and accessing capital markets. Arc should be able to use cash flow to reduce debt levels to 1.0-1.5 times net debt to annualized FFO; then, Arc looks to invest in the highly prospective Attachie area to drive the next increment of return to shareholders.