RE:ARC slide deck #25 - Feb PrsentationPersonally I have always disliked that particular chart. I find it very hard to read! Is each one of those colours a different producer in the respective region? Which one is ARC?
One chart that stood out to me is the dividend as a % of FFO on page 41. For anyone hoping for more dividends in the future look no further than this chart. Were the share price ever to normalize (ie not be intrinsically undervalued) we should expect to see a material increase in the dividend as buybacks start to fall off.
However that's also a bit of chicken and egg. I'm sure more dividend would cause the share price to go up all on its own. So let's buy back as many shares as we can while the market undervalues, then right as LNG Canada and Cheniere Train 7 come online we can ramp up the dividend as ae start to get some global LNG pricing.
Looks good! I am in this for the next 20-30 years, personally.