Arc Resources Ltd

ARX-T

TSE:ARX

7.72
0.06 (0.78%)
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.
More at Wikipedia

Analysis and Opinions about ARX-T

Signal
Opinion
Expert
SELL
SELL
October 10, 2019
Afflicted by the same thing afflicting all the other nat gas producers. They're at the end of the pipe. Selling at a deep discount. Not making money, but continuing to spend. Dividend is at risk. Producers are going to be in the penalty box until the LNG plant gets built off the west coast. Could fall further.
Arc Resources Ltd (ARX-T)
October 10, 2019
Afflicted by the same thing afflicting all the other nat gas producers. They're at the end of the pipe. Selling at a deep discount. Not making money, but continuing to spend. Dividend is at risk. Producers are going to be in the penalty box until the LNG plant gets built off the west coast. Could fall further.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$5.460
Owned
No
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.

Arc Resources Ltd (ARX-T)
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.

Josef Schachter
President, Schachter Asset Management
Price
$7.180
Owned
No
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.
Arc Resources Ltd (ARX-T)
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.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$6.910
Owned
Unknown
TOP PICK
TOP PICK
September 13, 2019
At this point in time, this is simply the highest free cash flow company in the space.
Arc Resources Ltd (ARX-T)
September 13, 2019
At this point in time, this is simply the highest free cash flow company in the space.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$6.910
Owned
Yes
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)
Arc Resources Ltd (ARX-T)
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)
Michael Sprung
President, Sprung Investment Management
Price
$6.350
Owned
Yes
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.
Arc Resources Ltd (ARX-T)
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.
Andrew Pyle
Senior wealth advisor and portfolio manager, The Pyle Group, Scotia Wealth Mgt.
Price
$5.740
Owned
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.
Arc Resources Ltd (ARX-T)
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.
Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$5.740
Owned
Yes
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.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$5.620
Owned
Unknown
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.

Josef Schachter
President, Schachter Asset Management
Price
$5.560
Owned
No
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.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$6.040
Owned
Yes
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.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$6.100
Owned
No
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.
Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$6.150
Owned
No
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%.
Josef Schachter
President, Schachter Asset Management
Price
$6.250
Owned
No
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%
Michael Sprung
President, Sprung Investment Management
Price
$6.410
Owned
Yes
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.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$6.350
Owned
Unknown
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