ARC Resources: The Growth Plan Remains In Place
Summarize this article with:
Long PlayerInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsSummaryARC Resources (AETUF) maintains its Attachie growth plan despite an unexpected acquisition this year.Significant condensate production positions AETUF for superior profitability.Post-acquisition, AETUF retains an investment grade debt ratio.Asset sales and Attachie expansion are expected to further reduce the debt ratio.This strong buy growth-and-income idea should continue to return in the teens for some time to come. TheKaran/iStock via Getty Images (Note: ARC Resources is a Canadian producer that reports using Canadian dollars unless otherwise noted.) ARC Resources (AETUF) made an unexpected acquisition in the current year. Despite all the things associated with an acquisition, the growthThis article was written byLong Player24.82K FollowersFollowLong Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.Analyst’s Disclosure:I/we have a beneficial long position in the shares of AETUF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: I am not an investment advisor, and this article is not meant to be a recommendation of the purchase or sale of stock. Investors are advised to review all company documents and press releases to see if the company fits their own investment qualifications.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You