Arc Resources Ltd

ARX-T

TSE:ARX

4.82
0.26 (5.70%)
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
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.
Show full opinionHide full opinion
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.
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.

Show full opinionHide full opinion

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.

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.

Show full opinionHide full opinion

(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.

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.

Show full opinionHide full opinion

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.

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.
Show full opinionHide full opinion
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.
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%.
Show full opinionHide full opinion
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%.
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%
Show full opinionHide full opinion
(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%
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.
Show full opinionHide full opinion
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.
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%
Show full opinionHide full opinion
(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%
TOP PICK
TOP PICK
July 16, 2019
He does not think the dividend will be cut, unless commodity values drop sharply or they decide to use capital to buy back shares. They have a huge undeveloped land holding position. The management team is building the company for the next decade. He has faith in them. Yield 9.23%. (Analysts’ price target is $11.37)
Show full opinionHide full opinion
He does not think the dividend will be cut, unless commodity values drop sharply or they decide to use capital to buy back shares. They have a huge undeveloped land holding position. The management team is building the company for the next decade. He has faith in them. Yield 9.23%. (Analysts’ price target is $11.37)
DON'T BUY
DON'T BUY
July 16, 2019
Its trend channel is heading south, not north. If it stops making lower lows and lower highs, it may start basing, which would be good. It's not going sideways yet, but keeps going down.
Show full opinionHide full opinion
Its trend channel is heading south, not north. If it stops making lower lows and lower highs, it may start basing, which would be good. It's not going sideways yet, but keeps going down.
DON'T BUY
DON'T BUY
July 9, 2019
A weak stock and if the market tumbles, the dividend will get cut.
Show full opinionHide full opinion
A weak stock and if the market tumbles, the dividend will get cut.
DON'T BUY
DON'T BUY
July 3, 2019
A really good company with great properties. But it doesn't matter as their base is natural gas, where prices are not going any where. It may look cheap as a stock, but it is not changing anytime soon.
Show full opinionHide full opinion
A really good company with great properties. But it doesn't matter as their base is natural gas, where prices are not going any where. It may look cheap as a stock, but it is not changing anytime soon.
COMMENT
COMMENT
June 14, 2019
Dividend can get cut at any time. They'll do it to protect the balance sheet at any cost, and the stock may go up. Methodical execution. As long as there's a conventional oil and gas business, ARC will be there.
Show full opinionHide full opinion
Dividend can get cut at any time. They'll do it to protect the balance sheet at any cost, and the stock may go up. Methodical execution. As long as there's a conventional oil and gas business, ARC will be there.
DON'T BUY
DON'T BUY
June 7, 2019
It's in no-man's land now. Avoid new lows like this. This could fall to $5.
Show full opinionHide full opinion
It's in no-man's land now. Avoid new lows like this. This could fall to $5.
Showing 46 to 60 of 619 entries