ARC Resources Ltd

ARX.CA

$17.04

Closing

▲1.31%

1D

▲17.69%

YTD

ARX

BBG001S93G35

Market cap

$10.18B

52 week high

$19.47

52 week low

$14.00

Volume

1,853,032

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Market cap

$10.18B

Analysts' Rating

BUY

Price Target (Mean)

22.23

Total Analysts

5

P/E

11.94

Operating Margin

16.02%

Beta

1.26

Revenue Growth

-4.42%

52 week high

$19.47

52 week low

$14.00

Div. Yield

2.94%

EPS Growth

27.26

Company Profile

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.