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Arc Resources Ltd (ARX-T) opinion on 2016-12-21

Last Price Recorded: 16.0800 on 2017-11-17

ON STOCKCHASE SINCE Nov 2000

oil/gas
TOP PICK

Michael Sprung
Arc Resources Ltd was $22.910 at time of opinion
Owned : Yes

He always looks for companies that have strong financial backing. They recently sold some assets in south east Saskatchewan, which even further enhances their balance sheet, and allows them to have more choices in how they deploy capital going forward. Management has always been extremely good in deploying capital. He looks at this as being not only one of the survivors, but one of the benefactors of all the turmoil that has happened in the energy patch. He wouldn’t be surprised to see dividends start to increase again. Dividend yield of 2.62%. (Analysts’ price target is $27.30.)

CAUTIOUS

All opinions for ARX-T (505)

195 BUY
14 BUY on WEAKNESS
54 COMMENT
35 DON'T BUY
63 HOLD
2 PARTIAL BUY
1 PARTIAL SELL
50 PAST TOP PICK
7 SELL
2 STRONG BUY
65 TOP PICK
4 VAGUE
7 WAIT
2 WATCH
4 WEAK BUY
View All

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All opinions for ARX-T (505)

195 BUY
14 BUY on WEAKNESS
54 COMMENT
35 DON'T BUY
63 HOLD
2 PARTIAL BUY
1 PARTIAL SELL
50 PAST TOP PICK
7 SELL
2 STRONG BUY
65 TOP PICK
4 VAGUE
7 WAIT
2 WATCH
4 WEAK BUY
View All

More experts covering ARX-T

SAVE
Add ARX-T to Watch List

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