2001 Intrigue repairing fuel line question

I have a fuel filter that needs to be replaced, and the fastening to the fuel line is somewhat rounded and I am doubtful I can remove it.

I am considering cutting the fuel line and getting a replacement length and using a compression fitting to patch it in. I believe the line is 3/8 OD.

While I have seen that other people do this with fuel lines and reportedly with success, though I'd ask here as well about using compression fitting on fuel lines.