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TSE:ARX

ARC Resources (ARX) Stock Price, News & Analysis

C$22.33
-0.52 (-2.28%)
(As of 09/6/2024 ET)
Today's Range
C$22.17
C$23.09
50-Day Range
C$22.33
C$26.29
52-Week Range
C$19.02
C$26.45
Volume
5.18 million shs
Average Volume
1.96 million shs
Market Capitalization
C$13.32 billion
P/E Ratio
11.57
Dividend Yield
3.05%
Price Target
C$30.68

ARC Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.08 Rating Score
Upside/​Downside
37.4% Upside
C$30.68 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.23mentions of ARC Resources in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$619,914 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.28 out of 5 stars

ARX stock logo

About ARC Resources Stock (TSE:ARX)

ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.

ARX Stock Price History

ARX Stock News Headlines

ARC Resources Ltd
Stocks in play: ARC Resources Ltd
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Closing Bell: Arc Resources Ltd flat on Thursday (ARX)
ARX:CA Stock Price
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Arc Resources Ltd.
TSX Shrinks on Health-Care, Financial Weakness
Canadian Stocks Recover After Weak Start, Moderately Higher At Noon
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
8/01/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
Petroleum And Natural Gas
CIK
N/A
Fax
N/A
Employees
438
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$30.68
High Stock Price Target
C$35.00
Low Stock Price Target
C$26.00
Potential Upside/Downside
+37.4%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
12 Analysts

Profitability

Net Income
C$1.17 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.25 billion
Cash Flow
C$0.15 per share
Book Value
C$12.78 per share

Miscellaneous

Free Float
N/A
Market Cap
C$13.32 billion
Optionable
Not Optionable
Beta
1.27
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Key Executives

  • Mr. Terry Michael Anderson B.Sc. (Age 54)
    P.Eng., President, CEO & Director
    Comp: $2.15M
  • Mr. Kristen J. Bibby B. Comm. (Age 49)
    B.Com., C.A., CPA, Senior VP & CFO
    Comp: $1.33M
  • Mr. Armin Jahangiri P.Eng.
    Senior VP & COO
  • Mr. Ryan Victor Berrett B.Mgmt.
    M.B.A., Senior Vice President of Marketing
  • Ms. Larissa Marianne Conrad P.Eng.
    Senior VP & Chief Development Officer
  • Ms. Lisa Ann Olsen B.A.
    Senior Vice President of People & Corporate
  • Mr. Dale Lewko C.F.A.
    Manager of Capital Markets
  • Mr. Grant A. Zawalsky B. Comm (Age 64)
    B.Com., L.L.B., Corporate Secretary
  • Ms. Katherine Joyce Gomes B.Com.
    C.A., CPA, VP & Controller

ARX Stock Analysis - Frequently Asked Questions

How have ARX shares performed this year?

ARC Resources' stock was trading at C$19.67 at the beginning of 2024. Since then, ARX stock has increased by 13.5% and is now trading at C$22.33.
View the best growth stocks for 2024 here
.

How were ARC Resources' earnings last quarter?

ARC Resources Ltd. (TSE:ARX) issued its earnings results on Thursday, August, 1st. The oil and gas exploration company reported $0.40 EPS for the quarter. The oil and gas exploration company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.03 billion. ARC Resources had a net margin of 22.23% and a trailing twelve-month return on equity of 15.83%.

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 other stocks do shareholders of ARC Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ARC Resources investors own include Enbridge (ENB), Inter Pipeline (IPL), Whitecap Resources (WCP), Pembina Pipeline (PPL), Toronto-Dominion Bank (TD), Brookfield Renewable Partners (BEP.UN) and Parkland (pki).

This page (TSE:ARX) was last updated on 9/7/2024 by MarketBeat.com Staff

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