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


To: Goose94 who wrote (131949)12/12/2022 2:36:18 PM
From: Goose94Read Replies (1) | Respond to of 202373
 
ARC Resources (ARX-T) top pick from Michael Sprung on BNN.ca Market Call Monday December 12th @ 1200ET

ARC Resources is a Canadian exploration and production company with long life and low decline assets in northeastern British Columbia and central Alberta. Its current reserve book indicates a reserve life in excess of 14 years. Other locations indicate some 6,000 additional wells or more. This is a multi-decade, high-quality asset base. The recent decline in natural gas prices has resulted in an opportunity to purchase shares at around three times estimated cash flow with a 3.4 per cent yield.