Q: Please provide your insight into ARC resources.
5i Research Answer:
The valuation at ARX looks fine at 12X forward earnings and a 3.3% yield. The company is expected to grow revenues by 3% in 2026, so growth is a but muted this year but some of this will also deend on oil pries. It is well run with 20% net margins and mid-teens or better ROE, so there is a lot to like. The company is also consistently repurchasing shares.