ARC Resources, the Energy sector company, was revisited by a Wall Street analyst yesterday. Analyst Aaron Bilkoski from TD Cowen maintained a Buy rating on the stock and has a C$30.00 price target.
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Aaron Bilkoski has given his Buy rating due to a combination of factors including ARC Resources’ strong financial performance and strategic decisions. The company’s Q3 results showed a higher-than-expected cash flow per share, which indicates robust financial health and operational efficiency. Additionally, ARC Resources maintained its full-year production guidance, suggesting confidence in its operational capabilities and future performance.
Another factor contributing to the Buy rating is the company’s decision to modestly increase its quarterly dividend, reflecting a commitment to returning value to shareholders. Furthermore, despite some shortfalls in the 2026 guidance for liquids production, the overall production and capital expenditure plans align with expectations, leaving room for potential share repurchases. These elements collectively support a positive outlook for ARC Resources, justifying the Buy recommendation.
In another report released yesterday, Jefferies also maintained a Buy rating on the stock with a C$30.00 price target.
AETUF’s price has also changed slightly for the past six months – from C$25.950 to C$26.170, which is a 0.85% increase.