Investment Update | Review + Outlook
​We are raising our target price on CNQ based on its best-in-class operating costs and strong balance sheet along with large SCO production increases expected over the coming 6-18 months as 2 planned Horizon expansions are completed and ramp to full capacity.
California Resources is an independent oil and natural gas exploration and production company operating properties within California.
Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis.
The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.
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