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TSE:ARX
This summary was created by AI, based on 39 opinions in the last 12 months.
Arc Resources Ltd (ARX) is currently involved in a takeover by Shell, which has led to varied opinions among experts about whether to hold or sell the stock. Many analysts believe that, with the deal price already being met, there is little incentive to hold ARX shares unless investors are interested in receiving Shell shares, which may offer better tax efficiency. Some experts are confident that the deal will close successfully, while others see the stock simply oscillating until the merger is finalized. Furthermore, advisory opinions emphasize that potential buyers should consider larger Canadian energy stocks or ETFs for similar exposure. With some analysts highlighting ARX’s long-term potential in natural gas and its quality assets, the overall sentiment is a mix of caution and optimism about future growth.
Their balance sheet is one of the stronger ones out there. They have said they are supportive of their 11% dividend. He thinks it is secure. They are on the fairway of LNG.
(A Top Pick Jun 25/18, Down 50%) Was more bullish on energy then. LNG permits and approvals were happening, but the funds have not been flowing into energy. Should probably look into integrated major like Suncor right now. Need to see LNG facilities operating before the stock can take off. Good dividend with low cost and low debt. Energy has been a tough sector.
Dividend is approaching 14%. Too good to be true? No. He used to own this. Trades at 0.6x book value, an all-time low. Dividend is safe. LNG will get built on the west coast, so be patient and get paid to wait.