Incredibly cheap. Nat gas is pressured higher now. Inventories are at near lows. Best in show. TOU is too expensive, so ARX gets his vote.
The mid-cap energy space had a great run up and pulled back to technical levels. The company to be in within the space is Tourmaline. This has been a core name for their portfolio. Thinks it will be $15 soon.
The mid-cap energy space had a great run up and pulled back to technical levels. The company to be in within the space is Tourmaline. This has been a core name for their portfolio. Thinks it will be $15 soon.
A core way of playing oil and gas in the intermediate space. Arc and Tourmaline are interchangeable. It's the biggest player in the Montney. Always well-regarded, under-promises and over-delivers. Last year saw the big Seven Generations deal. This trades in line with peers, though should be at a premium given the quality of its land base and strong track record of results. Balance sheet and management are also tops. He will never sell this. Decline rates have improved.
A core way of playing oil and gas in the intermediate space. Arc and Tourmaline are interchangeable. It's the biggest player in the Montney. Always well-regarded, under-promises and over-delivers. Last year saw the big Seven Generations deal. This trades in line with peers, though should be at a premium given the quality of its land base and strong track record of results. Balance sheet and management are also tops. He will never sell this. Decline rates have improved.
It offers surging upside potential. It has a decent yield and is only paying out 20% of present earnings. He thinks junior oil is going higher. This company has easy potential to a high of $18. (Analysts’ price target is $13.69)
It offers surging upside potential. It has a decent yield and is only paying out 20% of present earnings. He thinks junior oil is going higher. This company has easy potential to a high of $18. (Analysts’ price target is $13.69)
Combined with Seven Generations, will be a very strong company. Very reasonable multiple of earnings and cashflow. One of his favourites in the oil patch. Yield of 3.2%.
Combined with Seven Generations, will be a very strong company. Very reasonable multiple of earnings and cashflow. One of his favourites in the oil patch. Yield of 3.2%.
A mispriced stock. It is being held back from forced selling from Seven Gens holders due to a mandate. This used to be the tier one quality name in Canada that traded at a huge premium. It is trading at 3.2x cashflow. Sign of an inefficient market. 8 - 8.5% weight for him. Would expect a 6x multiple, which would be a 119% upside.
A mispriced stock. It is being held back from forced selling from Seven Gens holders due to a mandate. This used to be the tier one quality name in Canada that traded at a huge premium. It is trading at 3.2x cashflow. Sign of an inefficient market. 8 - 8.5% weight for him. Would expect a 6x multiple, which would be a 119% upside.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 14
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 17
Arc Resources Ltd is a Canadian stock, trading under the symbol ARX-T on the Toronto Stock Exchange (ARX-CT). It is usually referred to as TSX:ARX or ARX-T
In the last year, 17 stock analysts published opinions about ARX-T. 14 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Arc Resources Ltd.
Arc Resources Ltd was recommended as a Top Pick by Bryden Teich on 2021-09-08. Read the latest stock experts ratings for Arc Resources Ltd.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
17 stock analysts on Stockchase covered Arc Resources Ltd In the last year. It is a trending stock that is worth watching.
On 2021-09-17, Arc Resources Ltd (ARX-T) stock closed at a price of $10.03.
