Canada Research Roundup: ARC Resources, Paramount Resources, Topaz Energy

Paramount Resources (Pre-Merger)

02/01/2024 07:06

Jan 2 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including ARC Resources, Paramount Resources and Topaz Energy, on Tuesday. 
    
    HIGHLIGHTS        
                 * ARC Resources Ltd  ARX.TO : Atb Capital Markets cuts target price to C$26 from C$27 
 
                 * Enerplus Corp  ERF.TO : Atb Capital Markets cuts target price to C$26.5 from C$27 
 
     * Paramount Resources Ltd  POU.TO : Atb Capital Markets cuts PT to C$37 from C$38 
                 * Topaz Energy Corp  TPZ.TO : Atb Capital Markets cuts target price to C$30 from C$32 
 
                 * Tourmaline Oil Corp  TOU.TO : Atb Capital Markets cuts target price to C$85 from C$92 
 
      
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order. 
   
                 * ARC Resources Ltd  ARX.TO : Atb Capital Markets cuts target price to C$26 from
 C$27 
 
                 * Birchcliff Energy Ltd  BIR.TO : Atb Capital Markets cuts target price to C$8 from
 C$10 
 
                 * Crew Energy Inc  CR.TO : Atb Capital Markets cuts target price to C$7.25 from C$8 
 
                 * Enerplus Corp  ERF.TO : Atb Capital Markets cuts target price to C$26.5 from C$27 
 
                 * Freehold Royalties Ltd  FRU.TO : Atb Capital Markets cuts PT to C$19 from C$19.5 
 
                 * Kelt Exploration Ltd  KEL.TO : Atb Capital Markets cuts target price to C$9 from
 C$9.25 
 
                 * Paramount Resources Ltd  POU.TO : Atb Capital Markets cuts PT to C$37 from C$38 
 
                 * Spartan Delta Corp  SDE.TO : Atb Capital Markets cuts target price to C$4.5 from
 C$5 
 
                 * Topaz Energy Corp  TPZ.TO : Atb Capital Markets cuts target price to C$30 from
 C$32 
 
                 * Tourmaline Oil Corp  TOU.TO : Atb Capital Markets cuts target price to C$85 from
 C$92 
 
                 * Whitecap Resources Inc  WCP.TO : Atb Capital Markets cuts PT to C$15.5 from C$16 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))