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 shares have increased by 58.1% and is now trading at C$5.74. 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) released its earnings results on Wednesday, May, 6th. The oil and gas exploration company reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.26. The oil and gas exploration company earned $268.50 million during the quarter, compared to analyst estimates 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 paid a dividend of 0.02 per share on Wednesday, April 15th. The ex-dividend date is Monday, March 30th. View ARC Resources' dividend history.

7 analysts have issued 12-month price objectives for ARC Resources' shares. Their forecasts range from C$6.00 to C$11.00. On average, they anticipate ARC Resources' share price to reach C$8.43 in the next year. This suggests a possible upside of 46.9% from the stock's current price. View analysts' price targets for ARC Resources.

News headlines about ARX stock have been trending very negative on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. ARC Resources earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave media coverage about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several 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), First Quantum Minerals (FM), Cameco (CCO), 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$5.74.

ARC Resources has a market capitalization of C$2.03 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.