Brokerages Set ARC Resources Ltd. (TSE:ARX) Target Price at C$29.98

Posted by on May 19th, 2026

ARC Resources Ltd. (TSE:ARX – Get Free Report) has earned an average recommendation of “Hold” from the thirteen brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$29.98.

ARX has been the subject of a number of research analyst reports. Royal Bank Of Canada lowered their price target on ARC Resources from C$32.00 to C$28.00 and set an “outperform” rating for the company in a report on Monday, February 9th. Scotiabank upgraded ARC Resources to a “hold” rating in a report on Wednesday, April 1st. Desjardins lowered their price target on ARC Resources from C$31.00 to C$27.00 and set a “buy” rating for the company in a report on Monday, February 9th. Capital One Financial cut ARC Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Canadian Imperial Bank of Commerce downgraded shares of ARC Resources from a “neutral” rating to a “tender” rating and boosted their price target for the company from C$29.00 to C$32.00 in a research note on Tuesday, April 28th.

View Our Latest Report on ARX

ARC Resources Price Performance

ARX stock opened at C$31.09 on Tuesday. The firm has a market cap of C$17.74 billion, a PE ratio of 12.29, a PEG ratio of 0.29 and a beta of -0.27. The company has a debt-to-equity ratio of 43.61, a quick ratio of 0.42 and a current ratio of 0.87. The firm’s 50 day moving average price is C$28.33 and its 200-day moving average price is C$26.19. ARC Resources has a one year low of C$21.14 and a one year high of C$32.33.

ARC Resources (TSE:ARX – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The oil and gas exploration company reported C$1.03 EPS for the quarter. The firm had revenue of C$2.10 billion for the quarter. ARC Resources had a net margin of 22.18% and a return on equity of 17.43%. On average, equities research analysts anticipate that ARC Resources will post 2.7255139 EPS for the current year.

ARC Resources Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, March 31st. ARC Resources’s payout ratio is 31.62%.

About ARC Resources

(Get Free Report)

ARC Resources is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas. Production averaged 163.6 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds approximately 879 million boe of proven and probable crude oil and natural gas reserves.

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Analyst Recommendations for ARC Resources (TSE:ARX)

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