Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (103317)	3/9/2021 3:56:24 PM
From: Goose94	Read Replies (2) \| Respond to of 202170

ARC Resources (ARX-T) top pick from Michael Sprung on BNN.ca Market Call Tues Mar 9th @ 1200ET The combination of ARC Resources and Seven Generations creates a company with greater scale and expanded capital allocation flexibility in the Montney region. Production is anticipated to near 340,000 boe/d by 2022. The company should be free cash flow positive by year-end as synergies arise from lower corporate expenses and other operational efficiencies. Debt reduction will be a priority but debt costs should be manageable given an investment grade rating. Debt to cash flow is anticipated to reduce to 1X by year end from 1.9X leaving optionality for future acquisitions, dividend increases and share buybacks. ARC is attractively valued at current levels with a current yield around three per cent.