TSE:ARXARC Resources Stock Price, Forecast & News

ARC Resources' stock was trading at C$3.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ARX stock has increased by 55.1% and is now trading at C$5.63. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARC Resources in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ARC Resources.

ARC Resources is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for ARC Resources.

ARC Resources Ltd (TSE:ARX) announced its quarterly earnings results on Wednesday, May, 6th. The oil and gas exploration company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.26. The oil and gas exploration company earned $268.50 million during the quarter, compared to the consensus estimate of $295.70 million. View ARC Resources' earnings history.

ARC Resources announced a apr 20 dividend on Monday, March 16th. Investors of record on Tuesday, March 31st will be given a dividend of 0.02 per share on Wednesday, April 15th. The ex-dividend date of this dividend is Monday, March 30th. View ARC Resources' dividend history.

7 analysts have issued 12 month price objectives for ARC Resources' stock. Their forecasts range from C$6.00 to C$11.00. On average, they expect ARC Resources' share price to reach C$8.43 in the next twelve months. This suggests a possible upside of 49.8% from the stock's current price. View analysts' price targets for ARC Resources.

Headlines about ARX stock have trended very positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. ARC Resources earned a daily sentiment score of 3.5 on InfoTrie's scale. They also assigned media stories about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutARC Resources.

Some companies that are related to ARC Resources include Polymetal International (POLY), Teck Resources (TECK.B), Fresnillo (FRES), Cameco (CCO), First Quantum Minerals (FM), South32 (S32), BRP (DOO), Ivanhoe Mines (IVN), Mineral Resources (MIN), Iluka Resources (ILU), Lundin Gold (LUG), Independence Group (IGO), Pretium Resources (PVG), KAZ Minerals (KAZ) and Parex Resources (PXT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ARC Resources investors own include Inter Pipeline (IPL), Whitecap Resources (WCP), Enbridge (ENB), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Pembina Pipeline (PPL), Brookfield Renewable Partners (BEP.UN), Baytex Energy (BTE), Vermilion Energy (VET) and BCE (BCE).

ARC Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ARX."

Shares of ARX and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of ARX stock can currently be purchased for approximately C$5.63.

ARC Resources has a market capitalization of C$1.99 billion and generates C$1.16 billion in revenue each year. ARC Resources employs 444 workers across the globe.

The official website for ARC Resources is www.arcresources.com.

ARC Resources' mailing address is 1200-308 4 Ave SW, CALGARY, AB T2P 0H7, Canada. The oil and gas exploration company can be reached via phone at +1-403-5038600.