ARC Resources Ltd. trades with the ticker ARX on the TSX and is in the Oil & Gas E&P industry.
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.
Looking to invest in ARC Resources Ltd.? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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ARX.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $13990.234MM
PE Ratio: 8.981
Price: 22.87 (Updated: 3/12/2024 0:47:16)
ARC Resources Ltd. (ARX) vs Competitors in Oil & Gas E&P
Lets see how ARX.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- ARC Resources Ltd. (ARX) vs Advantage Oil & Gas Ltd (AAV)
- ARX has higher EPS (2.61 vs 0.59). ARX provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 8.981) indicating it’s more expensive.
- ARC Resources Ltd. (ARX) vs Africa Oil Corp (AOI)
- ARX has higher EPS (2.61 vs 0.24). AOI has higher dividend yield (3.2% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 8.708) indicating it’s more expensive.
- ARC Resources Ltd. (ARX) vs ARC Resources Ltd (ARX)
- ARX has higher EPS (2.61 vs 2.61). ARX has higher dividend yield (2.9% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 8.981) indicating it’s more expensive.
- ARC Resources Ltd. (ARX) vs Athabasca Oil Corporation (ATH)
- ARX has higher EPS (2.61 vs -0.09). ARX provides dividends, while ATH does not. ATH has a P/E under 0, indicating ARX (P/E 8.981) is in a better position.
- ARC Resources Ltd. (ARX) vs Birchcliff Energy Ltd (BIR)
- ARX has higher EPS (2.61 vs 0.32). BIR has higher dividend yield (7.2% vs 2.9%). BIR has a higher P/E ratio (17.25 vs 8.981) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (8.98) than the industry average (9.55), indicating potential undervaluation. Features a lower EV/EBITDA ratio (4.54) than the industry average (5.24), indicating attractive valuation.
How to Buy ARX stock on the TSX
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