Arc Resources Ltd

ARX-T

TSE:ARX

7.48
0.48 (6.86%)
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
SPECULATIVE BUY
SPECULATIVE BUY
April 3, 2019
Pays a good dividend of 6.7%. He likes it now to play the energy sector. It's come down a lot over time but is now in a seasonal period. Lighten up around June.
Pays a good dividend of 6.7%. He likes it now to play the energy sector. It's come down a lot over time but is now in a seasonal period. Lighten up around June.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$8.880
Owned
Unknown
DON'T BUY
DON'T BUY
April 2, 2019
One of the better operators in Alberta. But as underlying price drops, constant pressure on the company. At these levels, as long as you're at 100% payout ratio, you're probably fine. But if oil price dips, they'll have to reduce capex or dividends, and that's not growth. He's not looking at these levels.
One of the better operators in Alberta. But as underlying price drops, constant pressure on the company. At these levels, as long as you're at 100% payout ratio, you're probably fine. But if oil price dips, they'll have to reduce capex or dividends, and that's not growth. He's not looking at these levels.
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$8.960
Owned
Unknown
TOP PICK
TOP PICK
March 20, 2019
26% of production is in liquids. Strong balance sheet in a depressed industry. PAys a 6.34% dividend (Analysts’ price target is $13.36)
26% of production is in liquids. Strong balance sheet in a depressed industry. PAys a 6.34% dividend (Analysts’ price target is $13.36)
Michael Sprung
President, Sprung Investment Management
Price
$9.700
Owned
Yes
HOLD
HOLD
February 27, 2019
Conservative management team. They have re-geared their business around the Montney region. Cash flow today is not a great reflection of what the future will be, he thinks. The dividend has held around 5-6% and he plans to hold for the long term. Yield 5.8%
Arc Resources Ltd (ARX-T)
February 27, 2019
Conservative management team. They have re-geared their business around the Montney region. Cash flow today is not a great reflection of what the future will be, he thinks. The dividend has held around 5-6% and he plans to hold for the long term. Yield 5.8%
Ryan Bushell
President, Newhaven Asset Management
Price
$10.340
Owned
Yes
WEAK BUY
WEAK BUY
January 24, 2019
The stock has been devastated. Debt is not a concern. They are producing well. It is a high quality name.
Arc Resources Ltd (ARX-T)
January 24, 2019
The stock has been devastated. Debt is not a concern. They are producing well. It is a high quality name.
Josef Schachter
President, Schachter Asset Management
Price
$9.535
Owned
Unknown
HOLD
HOLD
January 18, 2019
Is the dividend safe? He owned it a while ago. It is a really good company with good management and a pristine balance sheet. Even still the stock has not done well, due to the low natural gas prices and no sign of improvement. He is cautious on the dividend and thinks it depends on the natural gas price going forward. He would continue to hold it.
Arc Resources Ltd (ARX-T)
January 18, 2019
Is the dividend safe? He owned it a while ago. It is a really good company with good management and a pristine balance sheet. Even still the stock has not done well, due to the low natural gas prices and no sign of improvement. He is cautious on the dividend and thinks it depends on the natural gas price going forward. He would continue to hold it.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$9.900
Owned
No
SPECULATIVE BUY
SPECULATIVE BUY
January 18, 2019
A great company, but the oil price is hurting them. 143% 2020 payout ratio, so the dividend is not safe. 6.5x earnings, cheaper than the past 5 years, but that's high compared to their peers. That said, it's a quality name. You can own this if you expect oil prices to rise.
Arc Resources Ltd (ARX-T)
January 18, 2019
A great company, but the oil price is hurting them. 143% 2020 payout ratio, so the dividend is not safe. 6.5x earnings, cheaper than the past 5 years, but that's high compared to their peers. That said, it's a quality name. You can own this if you expect oil prices to rise.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$9.900
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
January 15, 2019
(A Top Pick Jan 23/18, Down 26%) Another disappointment, but he'd still recommend it. Clean balance sheet, top-tier assets. Great future. Dividend's not in jeopardy. Sold assets to boost balance sheet possibly to buy assets coming up for sale.
Arc Resources Ltd (ARX-T)
January 15, 2019
(A Top Pick Jan 23/18, Down 26%) Another disappointment, but he'd still recommend it. Clean balance sheet, top-tier assets. Great future. Dividend's not in jeopardy. Sold assets to boost balance sheet possibly to buy assets coming up for sale.
Michael Sprung
President, Sprung Investment Management
Price
$9.560
Owned
Yes
BUY
BUY
January 11, 2019
Gas stock, not pure oil. Really likes this. It's fallen a bit due to warm weather, so it will bounce up when it turns cold which is likely this winter.
Arc Resources Ltd (ARX-T)
January 11, 2019
Gas stock, not pure oil. Really likes this. It's fallen a bit due to warm weather, so it will bounce up when it turns cold which is likely this winter.
David Cockfield
Managing Director, Northland Wealth Management
Price
$9.480
Owned
Yes
HOLD
HOLD
December 14, 2018
There is no distinguishing the have and have-not companies. You can now buy the best quality companies at the same discounts to their peers. Their next big production project comes on later in 2019. Management is great. We have probably reached the maximum level of capitulation.
Arc Resources Ltd (ARX-T)
December 14, 2018
There is no distinguishing the have and have-not companies. You can now buy the best quality companies at the same discounts to their peers. Their next big production project comes on later in 2019. Management is great. We have probably reached the maximum level of capitulation.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$8.610
Owned
Unknown
DON'T BUY
DON'T BUY
December 4, 2018
Sold it 18 months ago, because there weren't enough pipelines to take away natural gas in western Canada, just like the oil problem. Also, nat. gas production in U.S. can be shipped closer to U.S. destinations instead of shipping it from western Canada. There's no easy solution to this. We won't get an L&G terminal in BC in 2023, though it's a glimmer of hope.
Arc Resources Ltd (ARX-T)
December 4, 2018
Sold it 18 months ago, because there weren't enough pipelines to take away natural gas in western Canada, just like the oil problem. Also, nat. gas production in U.S. can be shipped closer to U.S. destinations instead of shipping it from western Canada. There's no easy solution to this. We won't get an L&G terminal in BC in 2023, though it's a glimmer of hope.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$8.800
Owned
No
SPECULATIVE BUY
SPECULATIVE BUY
November 21, 2018
Expensive vs. peers, but excellent assets and an efficient operator. He sees 10% growth. He likes it. Buy only if oil hits $60-70.
Arc Resources Ltd (ARX-T)
November 21, 2018
Expensive vs. peers, but excellent assets and an efficient operator. He sees 10% growth. He likes it. Buy only if oil hits $60-70.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$10.500
Owned
Unknown
WAIT
WAIT
November 14, 2018
This is a long term, well run, mostly gas run company. When LNG Canada project production starts, it may not specifically benefit Arc, but it will take some of the natgas out of the current pipeline infrastructure, which would benefit Arc. It is on her watch list. She thinks they will be buying Arc in the future.
Arc Resources Ltd (ARX-T)
November 14, 2018
This is a long term, well run, mostly gas run company. When LNG Canada project production starts, it may not specifically benefit Arc, but it will take some of the natgas out of the current pipeline infrastructure, which would benefit Arc. It is on her watch list. She thinks they will be buying Arc in the future.
Joanne A. Hruska, CFA
Market Strategist, Integral Wealth Securities
Price
$10.570
Owned
No
SELL
SELL
November 8, 2018
He sold in the last couple of weeks. They are mostly gas and some liquids. The price they are getting has been moving up but it will take time for the infrastructure to get in place for them to get a decent price. Long term LNG projects will be good for them.
Arc Resources Ltd (ARX-T)
November 8, 2018
He sold in the last couple of weeks. They are mostly gas and some liquids. The price they are getting has been moving up but it will take time for the infrastructure to get in place for them to get a decent price. Long term LNG projects will be good for them.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$11.920
Owned
No
COMMENT
COMMENT
October 11, 2018

ALA-T vs. ARX-T. ALA-T is going through a reorganization. It complicates his model. The trailing PE is 19 times and it is cash flow positive. The yield is very high at 10.2% with payout at 60%. The ROE is okay at 6%. He would wait until the financing of the spin out is complete and the market should be more comfortable. He does not follow ARX-T.

Arc Resources Ltd (ARX-T)
October 11, 2018

ALA-T vs. ARX-T. ALA-T is going through a reorganization. It complicates his model. The trailing PE is 19 times and it is cash flow positive. The yield is very high at 10.2% with payout at 60%. The ROE is okay at 6%. He would wait until the financing of the spin out is complete and the market should be more comfortable. He does not follow ARX-T.

Robert McWhirter
President, Selective Asset Management
Price
$13.880
Owned
Unknown
Showing 46 to 60 of 595 entries