TSE:ARX

ARC Resources Ltd. (ARX.TO) Stock Forecast, Price & News

C$6.51

+0.03 (+0.46 %)

(As of 01/25/2021 12:00 AM ET)

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Today's Range

C$6.39

Now: C$6.51▼

C$6.65

50-Day Range

C$5.79

MA: C$6.35▼

C$7.34

52-Week Range

C$2.42

Now: C$6.51▼

C$7.40

Volume2.09 million shs

Average Volume1.74 million shs

Market CapitalizationC$2.30 billion

P/E RatioN/A

Dividend Yield3.70%

BetaN/A

ARC Resources Ltd., together with its subsidiaries, acquires, develops, and holds interest in petroleum and natural gas properties and assets in Canada. The company holds interests in the Montney properties located in northeast British Columbia and northern Alberta; and Cardium properties in the Pembina area of Alberta. As of December 31, 2019, it had proved plus probable reserves of 909.9 millions of barrels of oil equivalent. ARC Resources Ltd. was founded in 1996 and is headquartered in Calgary, Canada.

MarketRank^™

Overall MarketRank^™

1.73 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
ARC Resources Ltd. (ARX.TO) has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$8.77, ARC Resources Ltd. (ARX.TO) has a forecasted upside of 34.8% from its current price of C$6.51.
Amount of Analyst Coverage
ARC Resources Ltd. (ARX.TO) has only been the subject of 3 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
ARC Resources Ltd. (ARX.TO) has received 533 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ARC Resources Ltd. (ARX.TO) has received 517 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ARC Resources Ltd. (ARX.TO) has received 50.76% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ARC Resources Ltd. (ARX.TO) 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 Ltd. (ARX.TO) pays a meaningful dividend of 3.70%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
ARC Resources Ltd. (ARX.TO) does not have a long track record of dividend growth.

0.0 Company Ownership

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

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ARC Resources Ltd. (ARX.TO) is -3.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ARC Resources Ltd. (ARX.TO) is -3.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
ARC Resources Ltd. (ARX.TO) has a PEG Ratio of 0.39. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
ARC Resources Ltd. (ARX.TO) has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Debt

Debt-to-Equity Ratio31.98

Current Ratio0.44

Quick Ratio0.30

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio29.68

P/E Growth0.39

Sales & Book Value

Annual SalesC$1.10 billion

Price / Sales2.10

Cash FlowC$0.01 per share

Price / Cash Flow931.43

Book ValueC$7.61 per share

Price / Book0.86

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares353,376,000

Market CapC$2.30 billion

Next Earnings Date2/4/2021 (Estimated)

OptionableNot Optionable

C$6.51

+0.03 (+0.46 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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ARC Resources Ltd. (ARX.TO) (TSE:ARX) Frequently Asked Questions

How has ARC Resources Ltd. (ARX.TO)'s stock price been impacted by COVID-19?

ARC Resources Ltd. (ARX.TO)'s stock was trading at C$3.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ARX stock has increased by 79.3% and is now trading at C$6.51.
View which stocks have been most impacted by COVID-19.

Is ARC Resources Ltd. (ARX.TO) a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ARC Resources Ltd. (ARX.TO) in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ARC Resources Ltd. (ARX.TO) stock.
View analyst ratings for ARC Resources Ltd. (ARX.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than ARC Resources Ltd. (ARX.TO)?

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

When is ARC Resources Ltd. (ARX.TO)'s next earnings date?

ARC Resources Ltd. (ARX.TO) is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for ARC Resources Ltd. (ARX.TO).

How were ARC Resources Ltd. (ARX.TO)'s earnings last quarter?

ARC Resources Ltd. (ARX.TO) (TSE:ARX) released its quarterly earnings data on Thursday, November, 5th. The oil and gas exploration company reported ($0.01) earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.02. The oil and gas exploration company earned $290.20 million during the quarter, compared to analyst estimates of $272.10 million.
View ARC Resources Ltd. (ARX.TO)'s earnings history.

How often does ARC Resources Ltd. (ARX.TO) pay dividends? What is the dividend yield for ARC Resources Ltd. (ARX.TO)?

ARC Resources Ltd. (ARX.TO) announced a jan 21 dividend on Tuesday, December 15th. Investors of record on Thursday, December 31st will be given a dividend of 0.06 per share on Friday, January 15th. This represents a dividend yield of 4.04%. The ex-dividend date of this dividend is Wednesday, December 30th.
View ARC Resources Ltd. (ARX.TO)'s dividend history.

Is ARC Resources Ltd. (ARX.TO) a good dividend stock?

ARC Resources Ltd. (ARX.TO) pays an annual dividend of C$0.39 per share and currently has a dividend yield of 3.70%.
View ARC Resources Ltd. (ARX.TO)'s dividend history.

What price target have analysts set for ARX?

7 equities research analysts have issued 1-year price targets for ARC Resources Ltd. (ARX.TO)'s shares. Their forecasts range from C$6.50 to C$10.00. On average, they anticipate ARC Resources Ltd. (ARX.TO)'s share price to reach C$8.77 in the next year. This suggests a possible upside of 34.8% from the stock's current price.
View analysts' price targets for ARC Resources Ltd. (ARX.TO) or view Wall Street analyst' top-rated stocks.

Who are some of ARC Resources Ltd. (ARX.TO)'s key competitors?

Some companies that are related to ARC Resources Ltd. (ARX.TO) include Ivanhoe Mines Ltd. (IVN.TO) (IVN), Fresnillo Plc (FRES.L) (FRES), Polymetal International plc (POLY.L) (POLY), BRP Inc. (DOO.TO) (DOO), South32 Limited (S32.L) (S32), Cameco Co. (CCO.TO) (CCO), Coro Mining (COP), KAZ Minerals PLC (KAZ.L) (KAZ), Lithium Americas Corp. (LAC.TO) (LAC), Parex Resources Inc. (PXT.TO) (PXT), Champion Iron Limited (CIA.TO) (CIA), Pretium Resources Inc. (PVG.TO) (PVG), Lundin Gold Inc. (LUG.TO) (LUG), Superior Plus Corp. (SPB.TO) (SPB) and Orocobre Limited (ORL.TO) (ORL).
View all of ARX's competitors.

What other stocks do shareholders of ARC Resources Ltd. (ARX.TO) own?

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

Who are ARC Resources Ltd. (ARX.TO)'s key executives?

ARC Resources Ltd. (ARX.TO)'s management team includes the following people:

Mr. Terry Michael Anderson B.Sc., P.Eng., P.Eng, Pres, CEO & Director (Age 51, Pay $826.05k)
Mr. Kristen J. Bibby B.Com., C.A., CPA, B. Comm., CA, CPA, Sr. VP & CFO (Age 46, Pay $510.12k)
Ms. Larissa Marianne Conrad P.Eng., VP of Devel. & Planning
Mr. Armin Jahangiri P.Eng., VP of Operations
Mr. Ryan Victor Berrett M.B.A., B.Mgmt., MBA, VP of Marketing
Ms. Lisa Ann Olsen B.A., VP of HR
Mr. Grant A. Zawalsky B.Com., L.L.B., B. Comm, LL.B, Corp. Sec. (Age 61)

What is ARC Resources Ltd. (ARX.TO)'s stock symbol?

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

How do I buy shares of ARC Resources Ltd. (ARX.TO)?

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.

What is ARC Resources Ltd. (ARX.TO)'s stock price today?

One share of ARX stock can currently be purchased for approximately C$6.51.

How big of a company is ARC Resources Ltd. (ARX.TO)?

ARC Resources Ltd. (ARX.TO) has a market capitalization of C$2.30 billion and generates C$1.10 billion in revenue each year. ARC Resources Ltd. (ARX.TO) employs 438 workers across the globe.

What is ARC Resources Ltd. (ARX.TO)'s official website?

The official website for ARC Resources Ltd. (ARX.TO) is www.arcresources.com.

How can I contact ARC Resources Ltd. (ARX.TO)?

ARC Resources Ltd. (ARX.TO)'s 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 1/25/2021 by MarketBeat.com Staff

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