TSE:ARX

ARC Resources Stock Forecast, Price & News

C$10.25

+0.18 (+1.79 %)

(As of 09/16/2021 12:00 AM ET)

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Today's Range

C$10.00

▼

C$10.41

50-Day Range

C$7.73

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C$10.25

52-Week Range

C$5.66

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C$10.75

Volume3.36 million shs

Average Volume3.10 million shs

Market CapitalizationC$7.43 billion

P/E Ratio42.89

Dividend Yield2.62%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About ARC Resources

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 (TSE:ARX) Given Buy Rating at Canaccord Genuity
September 16, 2021 | americanbankingnews.com

ARC Resources Ltd. Confirms Quarterly Dividend of $0.066 per Share for October 15, 2021
September 15, 2021 | finance.yahoo.com

ARC Resources (TSE:ARX) Price Target Increased to C$16.00 by Analysts at Canaccord Genuity
September 15, 2021 | americanbankingnews.com

ARC Resources Ltd. (TSE:ARX) Given Average Recommendation of "Buy" by Brokerages
September 15, 2021 | americanbankingnews.com

ARC Resources (TSE:ARX) Trading 3.1% Higher
September 14, 2021 | americanbankingnews.com

1 of the Best Canadian Energy Stocks Is Poised to Take Off
September 9, 2021 | msn.com

Stocks in play: ARC Resources Ltd.
August 31, 2021 | ca.finance.yahoo.com

Are Poor Financial Prospects Dragging Down ARC Resources Ltd. (TSE:ARX Stock?
August 23, 2021 | finance.yahoo.com

Canadian Market Extending Losses To Sixth Session
August 19, 2021 | nasdaq.com

ARC Resources Shares Cross Below 200 DMA
August 18, 2021 | nasdaq.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:ARX
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.arcresources.com
Phone+1-403-5038600
Employees438
Year FoundedN/A

Sales & Book Value

Annual SalesC$2.41 billion
Price / Sales3.08
Cash FlowC$0.00 per share
Price / Cash Flow9,360.00
Book ValueC$7.88 per share
Price / Book1.30

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares724,952,000
Market CapC$7.43 billion
Next Earnings Date11/4/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.97 out of 5 stars

4.5 Analyst's Opinion

Consensus Rating
ARC Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$13.12, ARC Resources has a forecasted upside of 28.0% from its current price of C$10.25.
Amount of Analyst Coverage
ARC Resources has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.5 Community Rank

Outperform Votes
ARC Resources has received 559 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ARC Resources has received 267 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ARC Resources has received 67.68% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ARC Resources and other stocks. Vote “Outperform” if you believe ARX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ARX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
ARC Resources pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
ARC Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ARC Resources is 100.42%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ARC Resources insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ARC Resources is 42.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of ARC Resources is 42.89, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.90.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for ARC Resources, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
ARC Resources has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

ARC Resources (TSE:ARX) Frequently Asked Questions

Is ARC Resources a buy 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 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ARC Resources stock.
View analyst ratings for ARC Resources or view top-rated stocks.

What stocks does MarketBeat like better than ARC Resources?

Wall Street analysts have given ARC Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ARC Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is ARC Resources' next earnings date?

ARC Resources is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for ARC Resources.

How has ARC Resources' stock price been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 182.4% and is now trading at C$10.25.
View which stocks have been most impacted by COVID-19.

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

ARC Resources announced a quarterly dividend on Thursday, July 29th. Stockholders of record on Thursday, September 30th will be paid a dividend of 0.066 per share on Friday, October 15th. This represents a $0.26 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date is Wednesday, September 29th. This is a boost from ARC Resources's previous quarterly dividend of C$0.06.
View ARC Resources' dividend history.

Is ARC Resources a good dividend stock?

ARC Resources pays an annual dividend of C$0.24 per share and currently has a dividend yield of 2.62%. The dividend payout ratio of ARC Resources is 100.42%. Payout ratios above 75% are not desirable because they may not be sustainable.
View ARC Resources' dividend history.

What price target have analysts set for ARX?

8 brokers have issued 1-year target prices for ARC Resources' shares. Their forecasts range from C$9.00 to C$19.00. On average, they expect ARC Resources' stock price to reach C$13.12 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price.
View analysts' price targets for ARC Resources or view top-rated stocks among Wall Street analysts.

Who are ARC Resources' key executives?

ARC Resources' management team includes the following people:

Mr. Terry Michael Anderson B.Sc., P.Eng., P.Eng, Pres, CEO & Director (Age 52, Pay $1.17M)
Mr. Kristen J. Bibby B.Com., C.A., CPA, B. Comm., CA, CPA, Sr. VP & CFO (Age 46, Pay $724.73k)
Ms. Larissa Marianne Conrad P.Eng., Sr. VP of Devel.
Mr. Armin Jahangiri P.Eng., Sr. VP of Capital Projects
Mr. David Barry Holt P.Eng., Sr. VP & COO
Mr. Grant A. Zawalsky B.Com., L.L.B., B. Comm, LL.B, Corp. Sec. (Age 61)

Who are some of ARC Resources' key competitors?

Some companies that are related to ARC Resources include Teck Resources (TECK.A), Teck Resources (TECK.B), First Quantum Minerals (FM), Antofagasta (ANTO), Cameco (CCO), Ivanhoe Mines (IVN), BRP (DOO), South32 (S32), Polymetal International (POLY), Fresnillo (FRES), Orocobre (ORL), KAZ Minerals (KAZ), Lithium Americas (LAC), Superior Plus (SPB) and Parex Resources (PXT).
View all of ARX's competitors.

What other stocks do shareholders of ARC Resources own?

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), The 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).

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 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$10.25.

How much money does ARC Resources make?

ARC Resources has a market capitalization of C$7.43 billion and generates C$2.41 billion in revenue each year.

How many employees does ARC Resources have?

ARC Resources employs 438 workers across the globe.

What is ARC Resources' official website?

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

Where are ARC Resources' headquarters?

ARC Resources is headquartered at 1200-308 4 Ave SW, CALGARY, AB T2P 0H7, Canada.

How can I contact ARC Resources?

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.

This page was last updated on 9/17/2021 by MarketBeat.com Staff

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