Arc Resources Ltd
ARX-T
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About Arc Resources Ltd (ARX-T)
ARC was founded in 1996 as a royalty trust with the acquisition of 21 properties from Mobil Oil Canada. The acquisition was funded by an initial IPO of $180 million on the Toronto Stock Exchange.
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Expert
BUY WEAKNESS
BUY WEAKNESS
September 16, 2019
The debt is 21%, but down from last December. He would recommend buying it on weakness. They have the gas for LNG approved projects in Canada. We could see takeovers in the next two to three years.
The debt is 21%, but down from last December. He would recommend buying it on weakness. They have the gas for LNG approved projects in Canada. We could see takeovers in the next two to three years.
oil/gas
PAST TOP PICK
PAST TOP PICK
September 13, 2019
(A Top Pick Oct 05/18, Down 50%) Natural gas and liquids cash flows have been challenged. He loves the management team here. He was stopped out in the fall. Now, the company is incredibly cheap and natural gas prices are improving. He would buy this again.
(A Top Pick Oct 05/18, Down 50%) Natural gas and liquids cash flows have been challenged. He loves the management team here. He was stopped out in the fall. Now, the company is incredibly cheap and natural gas prices are improving. He would buy this again.
oil/gas
TOP PICK
TOP PICK
September 13, 2019
At this point in time, this is simply the highest free cash flow company in the space.
At this point in time, this is simply the highest free cash flow company in the space.
oil/gas
BUY
BUY
September 9, 2019
It has been trending down. They are one of the better managed companies. They had good results last quarter, but no one seems to care. He highly recommends it at these levels. If the energy market turns at all, they will do quite well. 9.6% yield. (Analysts’ price target is $11.00)
It has been trending down. They are one of the better managed companies. They had good results last quarter, but no one seems to care. He highly recommends it at these levels. If the energy market turns at all, they will do quite well. 9.6% yield. (Analysts’ price target is $11.00)
oil/gas
PARTIAL BUY
PARTIAL BUY
September 3, 2019
In a recession? Current prices are attractive, and recession fears are overdone. You can buy a little here, but don't back up the truck.
In a recession? Current prices are attractive, and recession fears are overdone. You can buy a little here, but don't back up the truck.
oil/gas
Andrew Pyle
Senior wealth advisor and portfolio manager, The Pyle Group, Scotia Wealth Mgt.
$5.740
Unknown
BUY
BUY
September 3, 2019
He owned it a few years ago, then got back into it recently. Great managers and asset base in Alberta. They pulled back in their capex recently to be prudent in a tough oil market. The yield pays nearly 10% and should be sustainable based on a good cash flow, levels we haven't seen in 20 years. But oil stocks can still head lower: caveat.
He owned it a few years ago, then got back into it recently. Great managers and asset base in Alberta. They pulled back in their capex recently to be prudent in a tough oil market. The yield pays nearly 10% and should be sustainable based on a good cash flow, levels we haven't seen in 20 years. But oil stocks can still head lower: caveat.
oil/gas
BUY
BUY
August 30, 2019
The poster child for the lack of interest in oil mid-caps. It has a strong balance sheet and good managers, but now pays a 10.8% yield and trading at a 10% premium to their liquidation value. That's staggering. A good company that's been lambasted.
The poster child for the lack of interest in oil mid-caps. It has a strong balance sheet and good managers, but now pays a 10.8% yield and trading at a 10% premium to their liquidation value. That's staggering. A good company that's been lambasted.
oil/gas
BUY
BUY
August 26, 2019
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.
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.
oil/gas
PAST TOP PICK
PAST TOP PICK
August 21, 2019
(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.
(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.
oil/gas
HOLD
HOLD
August 7, 2019
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.
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.
oil/gas
DON'T BUY
DON'T BUY
July 26, 2019
They barely cover their dividend, near 100% payout ratio. They have a good balance sheet. It's a cheap energy stock, but there are many these stocks. ARX has no price momentum--that's their problem. He's neutral on it.
They barely cover their dividend, near 100% payout ratio. They have a good balance sheet. It's a cheap energy stock, but there are many these stocks. ARX has no price momentum--that's their problem. He's neutral on it.
oil/gas
BUY
BUY
July 25, 2019
Strong balance sheet. Very cheap. No problem with the dividend. But nat gas is in the doghouse right now. A quality name. Wants to do some homework on it, and may buy. Massive upside here. Yield is 9.6%.
Strong balance sheet. Very cheap. No problem with the dividend. But nat gas is in the doghouse right now. A quality name. Wants to do some homework on it, and may buy. Massive upside here. Yield is 9.6%.
oil/gas
PAST TOP PICK
PAST TOP PICK
July 24, 2019
(A Top Pick Jul 16/18, Down 52%) It really should not be down. He does not think the dividend is under threat as the balance sheet is strong. It has light crude exposure. He would look to buy more here. He thinks they should buy back their stock. Yield 9.4%
(A Top Pick Jul 16/18, Down 52%) It really should not be down. He does not think the dividend is under threat as the balance sheet is strong. It has light crude exposure. He would look to buy more here. He thinks they should buy back their stock. Yield 9.4%
oil/gas
COMMENT
COMMENT
July 19, 2019
The CEO believes their 9.6% yield is sustainable. They will cut capex and defer growth to protect the balance sheet. So, the yield is safe, but don't expect growth.
The CEO believes their 9.6% yield is sustainable. They will cut capex and defer growth to protect the balance sheet. So, the yield is safe, but don't expect growth.
oil/gas
PAST TOP PICK
PAST TOP PICK
July 16, 2019
(A Top Pick Jul 03/18, Down 49%) The company made the same amount of money in Q1 as last year. He is perplexed by the market sentiment. The dividend is over 9% and he thinks they will not cut it at current oil and gas prices. Oil accounts for 70% of their cash flow. A bargain and he continues to buy. Yield 9.2%
(A Top Pick Jul 03/18, Down 49%) The company made the same amount of money in Q1 as last year. He is perplexed by the market sentiment. The dividend is over 9% and he thinks they will not cut it at current oil and gas prices. Oil accounts for 70% of their cash flow. A bargain and he continues to buy. Yield 9.2%
oil/gas
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