-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下： ARC Resources (ARX)第一季度产量创历史新高，达到418,522桶油当量/日，同比增长12%。运营资金为9.67亿加元（每股1.70加元，同比增长17%），自由资金流为4.59亿加元（每股0.81加元，同比增长19%）。强劲的天然气价格（4.51加元/千立方英尺）和产量增长是业绩超预期的主要原因。同时，公司通过分红和股票回购向股东返还了2.56亿加元（占自由资金流的56%）。4月27日，ARX宣布壳牌公司将以每股32.80加元的价格收购该公司，收购价格为220亿加元，溢价27%，这充分证明了该公司卓越的运营能力。管理层维持2026年日产量40.5万至42万桶油当量以及18亿至19亿加元资本支出的预期，但第二季度将受到计划内检修的影响。本季度业绩证明了壳牌进行此次战略收购的合理性，ARX实现了两位数的产量增长和强劲的天然气价格实现。我们预计，如无任何交割障碍，股价将接近32.80加元的收购价。
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Sandisk Seen Benefiting From Better NAND Pricing Setup, Wedbush Says
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