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S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Is the US Military Secretly Under Chinese Control? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Is the US Military Secretly Under Chinese Control? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Is the US Military Secretly Under Chinese Control? (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
TSE:ARX

ARC Resources - ARX Stock Forecast, Price & News

C$18.19
+0.07 (+0.39%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
C$18.08
C$18.49
50-Day Range
C$14.20
C$21.23
52-Week Range
C$7.51
C$22.88
Volume
N/A
Average Volume
4.56 million shs
Market Capitalization
C$12.07 billion
P/E Ratio
8.42
Dividend Yield
2.65%
Price Target
C$22.50

ARC Resources MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
23.7% Upside
C$22.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of ARC Resources in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$2.23 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

ARX stock logo

About ARC Resources (TSE:ARX) Stock

ARC Resources Ltd. explores, develops, and produces crude oil, natural gas, and natural gas liquids in Canada. The company holds interests in the Montney properties located in northeast British Columbia and northern Alberta; and Pembina Cardium properties in central Alberta. As of December 31, 2020, it had proved plus probable reserves of 929 millions of barrels of oil equivalent. ARC Resources Ltd. was founded in 1996 and is headquartered in Calgary, Canada.

ARC Resources Stock Performance

Shares of ARX traded up C$0.07 during trading hours on Thursday, reaching C$18.19. The firm's 50 day simple moving average is C$16.91 and its 200-day simple moving average is C$16.83. The stock has a market cap of C$12.07 billion and a PE ratio of 8.42. The company has a current ratio of 0.44, a quick ratio of 0.41 and a debt-to-equity ratio of 34.97. ARC Resources has a 12-month low of C$7.51 and a 12-month high of C$22.88.

ARC Resources (TSE:ARX - Get Rating) last announced its earnings results on Thursday, July 28th. The oil and gas exploration company reported C$1.13 earnings per share for the quarter, beating analysts' consensus estimates of C$0.86 by C$0.27. The company had revenue of C$2.37 billion for the quarter. As a group, equities analysts expect that ARC Resources will post 3.008347 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. CIBC lowered their price objective on shares of ARC Resources from C$28.00 to C$25.00 in a research report on Wednesday, July 13th. Raymond James set a C$22.00 target price on shares of ARC Resources and gave the company an "outperform" rating in a report on Friday, May 6th. National Bankshares reduced their target price on shares of ARC Resources from C$27.00 to C$26.00 and set an "outperform" rating on the stock in a report on Friday, July 29th. Cormark increased their target price on shares of ARC Resources from C$27.00 to C$29.00 in a report on Friday, July 29th. Finally, Stifel Nicolaus increased their target price on shares of ARC Resources from C$23.25 to C$26.00 in a report on Wednesday, August 3rd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$22.15.

Insider Activity at ARC Resources

In related news, Senior Officer Ryan Victor Berrett sold 13,198 shares of ARC Resources stock in a transaction dated Monday, May 30th. The shares were sold at an average price of C$19.54, for a total transaction of C$257,854.61. In other ARC Resources news, Senior Officer Larissa Marianne Conrad sold 9,354 shares of ARC Resources stock in a transaction dated Wednesday, June 15th. The shares were sold at an average price of C$20.02, for a total value of C$187,274.56. Also, Senior Officer Ryan Victor Berrett sold 13,198 shares of ARC Resources stock in a transaction dated Monday, May 30th. The stock was sold at an average price of C$19.54, for a total transaction of C$257,854.61. Insiders sold a total of 110,893 shares of company stock valued at $2,228,663 in the last three months.

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ARX Stock News Headlines

The 3 Best Growth Stocks of 2022
Bullish on ARC Resources Ltd
Brokerages Set ARC Resources Ltd. (TSE:ARX) PT at C$22.15
ARC Resources (TSE:ARX) PT Raised to C$23.00
Arc Resources Ltd stock boosted on Friday.
ARC Resources (TSE:ARX) Price Target Cut to C$26.00
ARC Resources (ARX) to Release Quarterly Earnings on Thursday
Arc Resources Ltd stock dipped on Friday.
Arc Resources Ltd stock decreased on Thursday.
Arc Resources Ltd stock advanced on Friday.
Arc Resources Ltd stock advanced on Monday.
Arc Resources Ltd stock lost on Thursday.
Hemisphere at 52-Week High on News
Arc Resources Ltd Q1 Earnings Summary
See More Headlines
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ARX Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
7/28/2022
Today
8/18/2022
Next Earnings (Estimated)
11/03/2022

Industry, Sector and Symbol

Industry
Industrial Metals & Minerals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
438
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$22.50
High Stock Price Forecast
C$29.00
Low Stock Price Forecast
C$15.00
Forecasted Upside/Downside
+23.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$7.74 billion
Cash Flow
C$0.02 per share
Book Value
C$8.94 per share

Miscellaneous

Free Float
N/A
Market Cap
C$12.07 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Terry Michael Anderson B.Sc. (Age 52)
    P.Eng, P.Eng., Pres, CEO & Director
    Comp: $1.58M
  • Mr. Kristen J. Bibby B.Com. (Age 47)
    C.A., CPA, B. Comm., CA, CPA, Sr. VP & CFO
    Comp: $1M
  • Mr. Armin Jahangiri P.Eng.
    Sr. VP & COO
  • Mr. Ryan Victor Berrett B.Mgmt.
    M.B.A., MBA, Sr. VP of Marketing
  • Ms. Larissa Marianne Conrad P.Eng.
    Sr. VP & Chief Devel. Officer
  • Ms. Lisa Ann Olsen B.A.
    Sr. VP of People & Corp.
  • Mr. Dale Lewko C.F.A.
    Mang. of Capital Markets
  • Mr. Grant A. Zawalsky B. Comm (Age 62)
    B.Com., L.L.B., LL.B, Corp. Sec.
  • Ms. Katherine Joyce Gomes B.Com.
    C.A., CPA, VP & Controller













ARX Stock - Frequently Asked Questions

Should I buy or sell ARC Resources stock right now?

8 Wall Street research 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 research analysts is that investors should "buy" ARX shares.
View ARX analyst ratings
or view top-rated stocks.

What is ARC Resources' stock price forecast for 2022?

8 brokers have issued 1-year price objectives for ARC Resources' stock. Their ARX share price forecasts range from C$15.00 to C$29.00. On average, they anticipate the company's share price to reach C$22.50 in the next twelve months. This suggests a possible upside of 23.7% 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 2022?

ARC Resources' stock was trading at C$11.50 on January 1st, 2022. Since then, ARX shares have increased by 58.2% and is now trading at C$18.19.
View the best growth stocks for 2022 here
.

When is ARC Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ARX earnings forecast
.

How were ARC Resources' earnings last quarter?

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

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

ARC Resources declared a quarterly dividend on Thursday, May 5th. Stockholders of record on Thursday, June 30th will be paid a dividend of 0.12 per share on Friday, July 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Wednesday, June 29th. This is a positive change from the stock's previous quarterly dividend of C$0.10.
Read our dividend analysis for ARX
.

Is ARC Resources a good dividend stock?

ARC Resources (TSE:ARX) pays an annual dividend of C$0.39 per share and currently has a dividend yield of 2.65%. The dividend payout ratio is 17.87%. 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?
What is ARC Resources' stock symbol?

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

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.

What is ARC Resources' stock price today?

One share of ARX stock can currently be purchased for approximately C$18.19.

How much money does ARC Resources make?

ARC Resources (TSE:ARX) has a market capitalization of C$12.07 billion and generates C$7.74 billion in revenue each year.

How many employees does ARC Resources have?

The company employs 438 workers across the globe.

How can I contact ARC Resources?

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.

This page (TSE:ARX) was last updated on 8/19/2022 by MarketBeat.com Staff

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