Arc Resources Ltd

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.

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.

26% of production is in liquids. Strong balance sheet in a depressed industry. PAys a 6.34% dividend (Analysts’ price target is $13.36)

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%

The stock has been devastated. Debt is not a concern. They are producing well. It is a high quality name.

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.

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.

(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.

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.

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.

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.

Expensive vs. peers, but excellent assets and an efficient operator. He sees 10% growth. He likes it. Buy only if oil hits $60-70.

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.

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.