TSE:ARXARC Resources Stock Price, Forecast & News

ARC Resources' stock was trading at C$3.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARX shares have increased by 58.7% and is now trading at C$5.76. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARC Resources in the last year. There are currently 1 hold rating and 6 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, July 29th 2020. View our earnings forecast for ARC Resources.

ARC Resources Ltd (TSE:ARX) released its quarterly earnings results on Wednesday, May, 6th. The oil and gas exploration company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.26. The oil and gas exploration company earned $268.50 million during the quarter, compared to the consensus estimate of $295.70 million. View ARC Resources' earnings history.

ARC Resources declared 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 is Monday, March 30th. View ARC Resources' dividend history.

7 equities research analysts have issued 12 month target prices 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$8.43 in the next year. This suggests a possible upside of 46.4% from the stock's current price. View analysts' price targets for ARC Resources.

News coverage about ARX stock has been trending very positive this week, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ARC Resources earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas exploration company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutARC Resources.

Some companies that are related to ARC Resources include Polymetal International (POLY), Teck Resources (TECK.B), Fresnillo (FRES), Cameco (CCO), First Quantum Minerals (FM), South32 (S32), Ivanhoe Mines (IVN), BRP (DOO), Mineral Resources (MIN), Iluka Resources (ILU), Lundin Gold (LUG), Independence Group (IGO), Parex Resources (PXT), Pretium Resources (PVG) and KAZ Minerals (KAZ). View all competitors.

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), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Pembina Pipeline (PPL), Brookfield Renewable Partners (BEP.UN), Baytex Energy (BTE), Vermilion Energy (VET) and BCE (BCE).

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$5.76.

ARC Resources has a market capitalization of C$2.04 billion and generates C$1.16 billion in revenue each year. ARC Resources employs 444 workers across the globe.

The official website for ARC Resources is 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.