ARC Resources Ltd. (TSX: ARX)

Canada flag Canada · Delayed Price · Currency is CAD
24.89
+0.46 (1.86%)
May 2, 2024, 3:51 PM EDT
58.91%
Market Cap 14.87B
Revenue (ttm) 6.36B
Net Income (ttm) 1.60B
Shares Out 597.69M
EPS (ttm) 2.62
PE Ratio 9.36
Forward PE 12.25
Dividend 0.68 (2.73%)
Ex-Dividend Date Mar 27, 2024
Volume 1,284,746
Open 24.56
Previous Close 24.43
Day's Range 24.50 - 24.92
52-Week Range 15.63 - 26.17
Beta 1.33
Analysts n/a
Price Target 29.19 (+17.3%)
Earnings Date Feb 7, 2024

About ARC Resources

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. [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1996
Country Alberta, Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol ARX
Full Company Profile

Financial Performance

In 2023, ARC Resources's revenue was 6.36 billion, a decrease of -35.41% compared to the previous year's 9.85 billion. Earnings were 1.60 billion, a decrease of -30.66%.

Financial Statements

News

Pembina says ARC Resources will supply natgas to Cedar LNG for liquefication

Pembina Pipeline said on Thursday it has entered into an agreement with Canadian firm ARC Resources , which will deliver about 200 million cubic feet (mmcf) per day of natural gas for liquefication to...

27 days ago - Reuters

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

Agreements support the development of Canada's first Indigenous majority-owned LNG facility and the delivery of low-emissions energy to global markets CALGARY, AB , April 4, 2024 /CNW/ - (TSX: ARX) A...

27 days ago - Benzinga

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

CALGARY, AB , March 15, 2024 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly eligible dividend amount of $0.17 per share for April 15, 2024 to shareholders of record on March 28, 2...

6 weeks ago - Benzinga

ARC Resources GAAP EPS of C$0.84

2 months ago - Seeking Alpha

ARC RESOURCES LTD. REPORTS RECORD PRODUCTION, YEAR-END RESULTS AND RESERVES

CALGARY, AB , Feb. 8, 2024 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its fourth quarter and year-end 2023 financial and operational results as well as its year-end...

2 months ago - Benzinga

So Much Potential Cash! Why ARC Resources Is Among My Favorite Energy Plays

ARC Resources Ltd. has an ambitious five-year plan focused on capital efficiency. Read why I am bullish on AETUF stock.

4 months ago - Seeking Alpha

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

CALGARY, AB , Dec. 15, 2023 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly eligible dividend amount of $0.17 per share for January 15, 2024 to shareholders of record on December 2...

4 months ago - Benzinga

Cheniere, ARC Resources agree to another long-term gas supply deal

Cheniere Energy secures long-term natural gas supply agreement with ARC Resources & LNG sale and purchase agreement with OMV for future operations.

5 months ago - Seeking Alpha

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

ARC Resources (ARX:CA) said through its unit ARC Resources it has entered into a long-term natural gas supply agreement with Sabine Pass Liquefaction Stage V, a

5 months ago - Seeking Alpha

ARC RESOURCES ANNOUNCES SECOND LONG-TERM NATURAL GAS SUPPLY AGREEMENT WITH CHENIERE

Agreement broadens the Company's market diversification with access to Europe and TTF-linked pricing CALGARY, AB , Nov. 29, 2023 /CNW/ - (TSX: ARX) ARC Resources Ltd., through its subsidiary ARC Reso...

5 months ago - Benzinga

ARC Resources Ltd. (AETUF) Q3 2023 Earnings Call Transcript

ARC Resources Ltd. (OTCPK:AETUF) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ETCompany ParticipantsDale Lewko - Investor RelationsTerry...

6 months ago - Seeking Alpha

ARC Resources: One Of The Better Companies To Gain Exposure To Natural Gas

ARC Resources remained profitable despite low natural gas prices. Read why I’m keeping AETUF stock on my shortlist despite its high share price.

7 months ago - Seeking Alpha

ARC Resources Ltd (AETUF): A Deep Dive into Dividend Performance

ARC Resources Ltd (AETUF): A Deep Dive into Dividend Performance

7 months ago - GuruFocus

A hedge fund that made $700 million on its GameStop bet is now after unloved oil and gas stocks

Senvest Management, the hedge fund that made a $700 million profit on GameStop, believes some oil and gas stocks are on course for strong gains.

2 years ago - Business Insider