ARC Resources (ARX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$24.19 to C$24.45
• 50-Day Range: C$22.91 to C$26.97
• 52-Week Range: C$19.42 to C$27.40
• Volume: 3.36 million shs
• Average Volume: 2.04 million shs
• Market Capitalization: C$14.49 billion
• P/E Ratio: 12.60
• Dividend Yield: 2.80%
• Price Target: C$31.35
• Consensus Rating: Buy

ARC Resources Stock Analysis - MarketRank™

ARC Resources scored higher than 75% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

ARC Resources has received a consensus rating of Buy. The company's average rating score is 3.10, and is based on 9 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

ARC Resources has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of ARC Resources is 12.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of ARC Resources is 12.60, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.72.

Price to Earnings Growth Ratio

ARC Resources has a PEG Ratio of 0.29. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

ARC Resources has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ARX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

ARC Resources pays a meaningful dividend of 3.02%, 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 35.23%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ARX.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.10

News Sentiment

ARC Resources has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for ARC Resources this week, compared to 1 article on an average week.

Search Interest

Only 7 people have searched for ARX on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added ARC Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, ARC Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$828,361.00 in company stock.

Percentage Held by Insiders

Only 0.40% of the stock of ARC Resources is held by insiders.

Percentage Held by Institutions

Only 39.02% of the stock of ARC Resources is held by institutions.

ARX Stock Analysis - Frequently Asked Questions

How have ARX shares performed this year?

ARC Resources' stock was trading at C$19.67 on January 1st, 2024. Since then, ARX shares have increased by 23.6% and is now trading at C$24.31.
View the best growth stocks for 2024 here.

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 Whitecap Resources (WCP), Cenovus Energy (CVE), Enbridge (ENB), Crescent Point Energy (CPG), Toronto-Dominion Bank (TD), Tamarack Valley Energy (TVE) and Tourmaline Oil (TOU).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/27/2024
• Dividend Payable: 10/15/2024
• Today: 12/20/2024
• Dividend Payable: 1/15/2025
• Ex-Dividend for 1/15 Dividend: 1/01/2100

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:ARX
• CUSIP: N/A
• CIK: N/A
• Web: www.arcresources.com
• Phone: +1-403-5038600
• Fax: N/A
• Employees: 438
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$31.35
• High Stock Price Target: C$35.00
• Low Stock Price Target: C$26.00
• Potential Upside/Downside: +28.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.93
• Trailing P/E Ratio: 12.60
• Forward P/E Ratio: 8.92
• P/E Growth: 0.29
• Net Income: C$1.17 billion
• Net Margins: 22.23%
• Pretax Margin: N/A
• Return on Equity: 15.83%
• Return on Assets: 7.88%

Debt

• Debt-to-Equity Ratio: 31.49
• Current Ratio: 0.88
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: C$5.25 billion
• Price / Sales: 2.76
• Cash Flow: C$0.17 per share
• Price / Cash Flow: 146.50
• Book Value: C$12.78 per share
• Price / Book: 1.90

Miscellaneous

• Outstanding Shares: 596,220,000
• Free Float: N/A
• Market Cap: C$14.49 billion
• Optionable: Not Optionable
• Beta: 1.26