Analyst RecommendationSecond stock in the clip. He also owns it personally as well as in his fund. GLTA
https://www.bnnbloomberg.ca/video/ryan-bushell-s-past-picks~2017100
Arc Resources (ARX TSX) - Then: $6.58
- Now: $ 6.80
- Return: 3%
- Total Return: 12%
PAST TOP PICK
Arc Resources Ltd (ARX-T)
August 18, 2020
(A Top Pick Jul 16/19, Up 12%) Despite a dividend cut, this is doing okay. He expects part of that dividend to come back. Natural gas has turned very positive for Canadian producers. Two big deals in the Montney involving CNQ and Conoco Phillips buying assets as gas prices rising on dropping US oil and gas production. He still likes Arc. Arc has a real ESG focus that will attract capital. We'll still need natural gas.
Ryan Bushell
Price
$6.630
Owned
Yes