TSE:ARX - ARC Resources Stock Price, Forecast & News

ARC Resources' stock was trading at C$3.63 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ARX shares have increased by 11.6% and is now trading at C$4.05. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARC Resources in the last year. There are currently 1 hold rating and 7 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, May 6th 2020. View our earnings forecast for ARC Resources.

ARC Resources Ltd (TSE:ARX) released its earnings results on Thursday, February, 6th. The oil and gas exploration company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.09. The oil and gas exploration company earned $263.60 million during the quarter, compared to analyst estimates of $328.20 million. View ARC Resources' earnings history.

ARC Resources announced a apr 20 dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be paid 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.

8 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' stock price to reach C$8.36 in the next twelve months. This suggests a possible upside of 106.5% from the stock's current price. View analysts' price targets for ARC Resources.

News coverage about ARX stock has been trending very negative on Wednesday, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ARC Resources earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas exploration company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutARC Resources.

Some companies that are related to ARC Resources include Teck Resources (TECK.B), Fresnillo (FRES), First Quantum Minerals (FM), South32 (S32), Cameco (CCO), Iluka Resources (ILU), Mineral Resources (MIN), Ivanhoe Mines (IVN), Independence Group (IGO), BRP (DOO), Whitehaven Coal (WHC), Lundin Gold (LUG), Pretium Resources (PVG), KAZ Minerals (KAZ) and Ausdrill (ASL).

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), Vermilion Energy (VET), Baytex Energy (BTE), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Surge Energy (SGY), Pembina Pipeline (PPL) and Altagas (ALA).

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$4.05.

ARC Resources has a market capitalization of C$1.43 billion and generates C$1.22 billion in revenue each year. ARC Resources employs 444 workers across the globe. View additional information about ARC Resources.

The official website for ARC Resources is http://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.