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Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
TSE:ARX

ARC Resources (ARX) Stock Price, News & Analysis

C$25.07
-0.39 (-1.53%)
(As of 04/17/2024 ET)
Today's Range
C$24.79
C$25.60
50-Day Range
C$20.49
C$26.14
52-Week Range
C$15.41
C$26.17
Volume
2.21 million shs
Average Volume
1.91 million shs
Market Capitalization
C$14.98 billion
P/E Ratio
9.61
Dividend Yield
2.71%
Price Target
C$27.67

ARC Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.0% Upside
C$27.58 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of ARC Resources in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
C$2.11 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.32 out of 5 stars

ARX stock logo

About ARC Resources Stock (TSE:ARX)

ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.

ARX Stock Price History

ARX Stock News Headlines

AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
Arc Resources Ltd.
TSX Shrinks on Health-Care, Financial Weakness
Canadian Stocks Recover After Weak Start, Moderately Higher At Noon
Canadian Market Modestly Higher; Materials Shares Rise
Northern Dynasty at 52-Week High on News
Closing Bell: Arc Resources Ltd down on Wednesday (ARX)
ARC Resources Ltd. (ARX)
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/17/2024
Next Earnings (Estimated)
5/02/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
438
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$27.58
High Stock Price Target
C$32.00
Low Stock Price Target
C$25.00
Potential Upside/Downside
+10.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
13 Analysts

Profitability

Net Income
C$1.60 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.66 billion
Cash Flow
C$0.17 per share
Book Value
C$12.44 per share

Miscellaneous

Free Float
N/A
Market Cap
C$14.98 billion
Optionable
Not Optionable
Beta
1.33
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Key Executives

  • Mr. Terry Michael Anderson B.Sc. (Age 54)
    P.Eng., President, CEO & Director
    Comp: $2.01M
  • Mr. Kristen J. Bibby B. Comm. (Age 49)
    B.Com., C.A., CPA, Senior VP & CFO
    Comp: $1.21M
  • Mr. Armin Jahangiri P.Eng.
    Senior VP & COO
  • Mr. Ryan Victor Berrett B.Mgmt.
    M.B.A., Senior Vice President of Marketing
  • Ms. Larissa Marianne Conrad P.Eng.
    Senior VP & Chief Development Officer
  • Ms. Lisa Ann Olsen B.A.
    Senior Vice President of People & Corporate
  • Mr. Dale Lewko C.F.A.
    Manager of Capital Markets
  • Mr. Grant A. Zawalsky B. Comm (Age 64)
    B.Com., L.L.B., Corporate Secretary
  • Ms. Katherine Joyce Gomes B.Com.
    C.A., CPA, VP & Controller

ARX Stock Analysis - Frequently Asked Questions

Should I buy or sell ARC Resources stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ARC Resources in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARX shares.
View ARX analyst ratings
or view top-rated stocks.

What is ARC Resources' stock price target for 2024?

13 equities research analysts have issued 12-month price objectives for ARC Resources' shares. Their ARX share price targets range from C$25.00 to C$32.00. On average, they expect the company's stock price to reach C$27.58 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for ARX
or view top-rated stocks among Wall Street analysts.

How have ARX shares performed in 2024?

ARC Resources' stock was trading at C$19.67 on January 1st, 2024. Since then, ARX shares have increased by 27.5% and is now trading at C$25.07.
View the best growth stocks for 2024 here
.

When is ARC Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ARX earnings forecast
.

How were ARC Resources' earnings last quarter?

ARC Resources Ltd. (TSE:ARX) released its quarterly earnings results on Thursday, February, 8th. The oil and gas exploration company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.34. The oil and gas exploration company had revenue of $1 million for the quarter. ARC Resources had a net margin of 28.23% and a trailing twelve-month return on equity of 22.67%.

How often does ARC Resources pay dividends? What is the dividend yield for ARC Resources?

ARC Resources declared a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be given a dividend of 0.17 per share on Monday, April 15th. This represents a $0.68 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for ARX
.

Is ARC Resources a good dividend stock?

ARC Resources (TSE:ARX) pays an annual dividend of C$0.68 per share and currently has a dividend yield of 2.66%. The dividend payout ratio is 26.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARX.

What other stocks do shareholders of ARC Resources own?
How do I buy shares of ARC Resources?

Shares of ARX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ARX) was last updated on 4/18/2024 by MarketBeat.com Staff

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