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Weekly 52-Week Low (or 52-Week High): CU-T, OLA-T, CP-T, DND-T and More 52-Week Highs and Lows (Mar 26-Apr 01)Markets fade to end the week downTSX, tech climbThis summary was created by AI, based on 32 opinions in the last 12 months.
Arc Resources Ltd (ARX-T) has been widely recognized as one of the top picks among Canadian energy stocks, renowned for its strong asset base and well-managed operations. Analysts highlight the company's significant exposure to natural gas, particularly through its recent agreement with Exxon to sell a portion of its gas at international prices. The stock is noted for its solid balance sheet, consistent dividend payments, and the potential for long-term growth driven by LNG developments and increasing demand for natural gas. Given the current market fluctuations, many experts advocate for accumulating shares during periods of weakness, emphasizing that while the energy sector faces some challenges, Arc Resources is positioned for steady performance in the long run. Mixed opinions regarding short-term volatility and economic outlooks reinforce a generally positive sentiment towards its long-term value and growth potential.
He likes the idea of adding on weakness, that's what he's been doing. He uses a lot of optionality in his portfolios. So he's writing puts in the energy sector to acquire companies; if they don't go to those prices, he just earns the income. He's perfectly happy with a strategy like that at this point.
If we get a harder economic landing at some point, then oil has some more downside. The US outlook for crude oil demand was just downgraded. We're in a trading range, and he's accumulating into weakness.
EPS of 63c beat estimates of 53c. Revenue of $1.42B beat estimates of $1.38B. EBITDA of $881M beat estimates by 13%. Profit fell 27% despite higher production, due to lower prices. Production rose 4.7% year-over-year. Production matched estimates. EPS does call for lower income in 2025 but we think this is well-reflected in its low valuation. Overall, we are comfortable.
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The price of oil always gets pulled around. He likes the natural gas side a bit more -- it's been through a bear market for years and now coming out of that. Over time, increased ability to get nat gas offshore and the world needs it.
But if you go 100% natural gas it's more risky. So, be more diversified but with a tilt to gas. He likes names that are cheaper than they ought to be. For him that's ARX or, for more torque, AAV.
Whether to sell depends on whether it's in a non-registered account, are you going to be paying tax, and how big is your position.
Pays a nice dividend, boosted by 12%. Beat on Q3. Higher production, lower cost. Great assets and operators. 8% shareholder returns. Cheaper than it ought to be, with good production and cashflow growth. Good balance sheet. If you want an oil and gas name, this is one to really consider. But he's not keen on oil here.
We feel the outlook for natural gas in the coming year is met with moderate growth, and potential lots of volatility. Underlying global natural gas demand should increase, and the completion of Canada's LNG pipeline to the Pacific could improve ARX's profitability. Its recent momentum has been positive, and it offers a decent yield (2.7%) with a solid valuation of 10.5X forward earnings. Growth is expected to be decent in the coming years, and its profit margins are healthy. We think it looks OK here, although, it is expected to be volatile and it needs to resume its topline growth. For an investor that is bullish on the outlook for natural gas, we would be OK accumulating here.
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Has become the go-to Canadian natural gas name, and for good reason. Attachie will add to its growth, and incremental FCF will result. Most FCF is being returned to shareholders. Several decades of inventory. Very conservative management and board. Very strong balance sheet.
Long-term exposure to rising natural gas prices. He's also bullish on its production of condensate. Yield is 2.5%.
Arc Resources Ltd is a OTC stock, trading under the symbol ARX-T on the (). It is usually referred to as or ARX-T
In the last year, 24 stock analysts published opinions about ARX-T. 23 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Arc Resources Ltd.
Arc Resources Ltd was recommended as a Top Pick by on . 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.
24 stock analysts on Stockchase covered Arc Resources Ltd In the last year. It is a trending stock that is worth watching.
On , Arc Resources Ltd (ARX-T) stock closed at a price of $.
Has more embedded growth due to assets they own, with a bit more wet gas linked to condensate and oil prices. Likes its assets.