Should I buy or sell ARC Resources stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARC Resources in the last twelve months. There are currently 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARX shares. View ARX analyst ratings or view top-rated stocks .

What is ARC Resources' stock price target for 2024?

13 equities research analysts have issued 12 month target prices for ARC Resources' stock. Their ARX share price targets range from C$25.00 to C$32.00. On average, they expect the company's stock price to reach C$27.67 in the next year. This suggests a possible upside of 9.8% from the stock's current price. View analysts price targets for ARX or view top-rated stocks among Wall Street analysts .

How have ARX shares performed in 2024?

ARC Resources' stock was trading at C$19.67 at the beginning of 2024. Since then, ARX stock has increased by 28.1% and is now trading at C$25.19. View the best growth stocks for 2024 here .

When is ARC Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our ARX earnings forecast .

How were ARC Resources' earnings last quarter?

ARC Resources Ltd. (TSE:ARX) released its quarterly earnings data on Thursday, February, 8th. The oil and gas exploration company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.34. The oil and gas exploration company had revenue of $1 million for the quarter. ARC Resources had a trailing twelve-month return on equity of 22.67% and a net margin of 28.23%.

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

ARC Resources announced a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.17 per share on Monday, April 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for ARX .

Is ARC Resources a good dividend stock?

ARC Resources (TSE:ARX) pays an annual dividend of C$0.68 per share and currently has a dividend yield of 2.66%. The dividend payout ratio is 26.05%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ARX .

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) , 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) .

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 .

TSE:ARX

ARC Resources (ARX) Stock Price, News & Analysis

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Free ARX Stock Alerts

C$25.19

-0.36 (-1.41%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$25.01
▼
C$25.48
50-Day Range: C$20.08
▼
C$26.14
52-Week Range: C$15.41
▼
C$26.17

Volume: 1.46 million shs
Average Volume: 1.90 million shs
Market Capitalization: C$15.06 billion

P/E Ratio: 9.65
Dividend Yield: 2.70%
Price Target: C$27.67

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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ARC Resources MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 9.8% Upside
C$27.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.25
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$2.11 M 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.

2.42 out of 5 stars

2.5

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 13 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
ARC Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for ARX.

1.7

Dividend Strength

Dividend Yield
ARC Resources pays a meaningful dividend of 2.66%, 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 26.05%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARX.

2.4

News and Social Media Coverage

News Sentiment
ARC Resources has a news sentiment score of 0.25. 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 lower news sentiment than the 0.39 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for ARC Resources this week, compared to 1 article on an average week.
Search Interest
8 people have searched for ARX on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.
MarketBeat Follows
Only 3 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.

0.8

Company Ownership

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$2,111,149.00 in company stock.
Percentage Held by Insiders
Only 0.07% of the stock of ARC Resources is held by insiders.
Percentage Held by Institutions
Only 38.77% of the stock of ARC Resources is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ARC Resources is 9.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of ARC Resources is 9.65, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 100.12.
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 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

ARX Stock News Headlines

March 30, 2024 | insidertrades.com

Kristen Jon Bibby Sells 8,131 Shares of ARC Resources Ltd. (TSE:ARX) Stock

April 14, 2024 | americanbankingnews.com

Jefferies Financial Group Increases ARC Resources (TSE:ARX) Price Target to C$30.00

April 16, 2024 | InvestorPlace (Ad)

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April 9, 2024 | americanbankingnews.com

ARC Resources (TSE:ARX) Hits New 52-Week High Following Analyst Upgrade

April 6, 2024 | americanbankingnews.com

ARC Resources (TSE:ARX) Given New C$29.00 Price Target at Stifel Nicolaus

April 5, 2024 | msn.com

Latest milestones move Cedar LNG closer to getting a green light

April 4, 2024 | finance.yahoo.com

ARC RESOURCES LTD. ANNOUNCES LONG-TERM AGREEMENT WITH CEDAR LNG AND HEADS OF AGREEMENT FOR LNG OFFTAKE

March 28, 2024 | finance.yahoo.com

Those who invested in ARC Resources (TSE:ARX) three years ago are up 241%

April 16, 2024 | InvestorPlace (Ad)

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March 15, 2024 | finance.yahoo.com

ARC RESOURCES LTD. CONFIRMS QUARTERLY DIVIDEND OF $0.17 PER SHARE FOR APRIL 15, 2024

February 16, 2024 | wsj.com

Arc Resources Ltd.

January 11, 2024 | theglobeandmail.com

TSX Shrinks on Health-Care, Financial Weakness

December 15, 2023 | finance.yahoo.com

ARC RESOURCES LTD. CONFIRMS QUARTERLY DIVIDEND OF $0.17 PER SHARE FOR JANUARY 15, 2024

December 1, 2023 | markets.businessinsider.com

Canadian Stocks Recover After Weak Start, Moderately Higher At Noon

November 29, 2023 | msn.com

ARC Resources enters into long-term natural gas supply deal with Cheniere

November 2, 2023 | finance.yahoo.com

ARC RESOURCES LTD. REPORTS THIRD QUARTER 2023 RESULTS AND ANNOUNCES 2024 BUDGET

November 2, 2023 | reuters.com

Cheaper Canadian oil and gas valuations lure potential US buyers north

October 26, 2023 | msn.com

2 Top Energy Stocks (With Dividends) to Hold Forever

September 20, 2023 | markets.businessinsider.com

Canadian Market Modestly Higher; Materials Shares Rise

September 18, 2023 | baystreet.ca

Northern Dynasty at 52-Week High on News

July 10, 2023 | finance.yahoo.com

Is ARC Resources Ltd. (TSE:ARX) Trading At A 49% Discount?

May 2, 2023 | theglobeandmail.com

Closing Bell: Arc Resources Ltd down on Tuesday (ARX)

April 12, 2023 | theglobeandmail.com

Closing Bell: Arc Resources Ltd down on Wednesday (ARX)

April 2, 2023 | theglobeandmail.com

ARC Resources: Top 25 Undervalued Toronto Stock Exchange Stocks (ARX)

March 15, 2023 | finance.yahoo.com

ARC RESOURCES LTD. CONFIRMS QUARTERLY DIVIDEND OF $0.15 PER SHARE FOR APRIL 17, 2023

March 14, 2023 | reuters.com

Pembina Pipeline's Cedar LNG project gets environmental approval

February 11, 2023 | investing.com

ARC Resources Ltd. (ARX)

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Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Today: 4/15/2024
Dividend Payable: 4/15/2024
Next Earnings (Estimated): 5/02/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
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$27.67
High Stock Price Target: C$32.00
Low Stock Price Target: C$25.00
Potential Upside/Downside: +9.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.61
Trailing P/E Ratio: 9.65
Forward P/E Ratio: 12.08
P/E Growth: 0.29
Net Income: C$1.60 billion
Net Margins: 28.23%
Pretax Margin: N/A
Return on Equity: 22.67%
Return on Assets: 10.71%

Debt

Debt-to-Equity Ratio: 29.74
Current Ratio: 0.91
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: C$5.66 billion
Price / Sales: 2.66
Cash Flow: C$0.17 per share
Price / Cash Flow: 146.50
Book Value: C$12.44 per share
Price / Book: 2.02

Miscellaneous

Outstanding Shares: 597,690,000
Free Float: N/A
Market Cap: C$15.06 billion
Optionable: Not Optionable
Beta: 1.33

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Key Executives

Mr. Terry Michael Anderson B.Sc. (Age 54)
P.Eng., President, CEO & Director
Comp: $2.01M
Mr. Kristen J. Bibby B. Comm. (Age 49)
B.Com., C.A., CPA, Senior VP & CFO
Comp: $1.21M
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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ARX Stock Analysis - Frequently Asked Questions

Should I buy or sell ARC Resources stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARC Resources in the last twelve months. There are currently 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARX shares.
View ARX analyst ratings or view top-rated stocks.
What is ARC Resources' stock price target for 2024?: 13 equities research analysts have issued 12 month target prices for ARC Resources' stock. Their ARX share price targets range from C$25.00 to C$32.00. On average, they expect the company's stock price to reach C$27.67 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for ARX or view top-rated stocks among Wall Street analysts.
How have ARX shares performed in 2024?: ARC Resources' stock was trading at C$19.67 at the beginning of 2024. Since then, ARX stock has increased by 28.1% and is now trading at C$25.19.
View the best growth stocks for 2024 here.
When is ARC Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ARX earnings forecast.
How were ARC Resources' earnings last quarter?: ARC Resources Ltd. (TSE:ARX) released its quarterly earnings data on Thursday, February, 8th. The oil and gas exploration company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.34. The oil and gas exploration company had revenue of $1 million for the quarter. ARC Resources had a trailing twelve-month return on equity of 22.67% and a net margin of 28.23%.

How often does ARC Resources pay dividends? What is the dividend yield for ARC Resources?: ARC Resources announced a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.17 per share on Monday, April 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for ARX.
Is ARC Resources a good dividend stock?: ARC Resources (TSE:ARX) pays an annual dividend of C$0.68 per share and currently has a dividend yield of 2.66%. The dividend payout ratio is 26.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARX.
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), 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).
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.

This page (TSE:ARX) was last updated on 4/16/2024 by MarketBeat.com Staff

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ARC Resources (ARX) Stock Price, News & Analysis

ARC Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About ARC Resources Stock (TSE:ARX)

ARX Stock Price History

ARX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ARX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™