ARC Resources - ARX Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARC Resources in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARX shares.
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8 brokerages have issued 12 month target prices for ARC Resources' shares. Their ARX share price forecasts range from C$15.00 to C$29.00. On average, they anticipate the company's stock price to reach C$23.25 in the next year. This suggests a possible upside of 25.9% from the stock's current price.
View analysts price targets for ARX or view top-rated stocks among Wall Street analysts.

ARC Resources' stock was trading at C$11.50 at the beginning of 2022. Since then, ARX shares have increased by 60.5% and is now trading at C$18.46.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ARX earnings forecast.

ARC Resources Ltd. (TSE:ARX) issued its earnings results on Thursday, July, 28th. The oil and gas exploration company reported $1.13 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.27. The oil and gas exploration company earned $2.37 billion during the quarter.

ARC Resources announced a quarterly dividend on Thursday, September 15th. Shareholders of record on Friday, September 30th will be paid a dividend of 0.12 per share on Monday, October 17th. This represents a $0.48 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Wednesday, September 28th.
Read our dividend analysis for ARX.

ARC Resources (TSE:ARX) pays an annual dividend of C$0.39 per share and currently has a dividend yield of 2.66%. The dividend payout ratio is 17.87%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARX.

Based on aggregate information from My MarketBeat watchlists, some companies that other ARC Resources investors own include Enbridge (ENB), Inter Pipeline (IPL), Whitecap Resources (WCP), Pembina Pipeline (PPL), Toronto-Dominion Bank (TD), Brookfield Renewable Partners (BEP.UN), Parkland (pki), Royal Bank of Canada (RY), Manulife Financial (MFC) and Brookfield Infrastructure Partners (BIP.UN).

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

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.
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One share of ARX stock can currently be purchased for approximately C$18.46.

ARC Resources (TSE:ARX) has a market capitalization of C$12.09 billion and generates C$7.74 billion in revenue each year.

The company employs 438 workers across the globe.

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