TSE:ARX
Arc Resources Ltd (ARX.TO)
Financials 
Technical Analysis 
Jun 10, 2026, 12:00 amThis summary was created by AI, based on 45 opinions in the last 12 months.
Arc Resources Ltd (ARX-T) has garnered a mixed set of opinions from various experts, particularly in light of its recent acquisition by Shell. While some experts highlight the certainty of the deal and the potential for dividends, others express skepticism about the stock's upside and recommend selling or reallocating funds to other energy investments. The ongoing issues with the Attachie project seem to weigh on the company's outlook, especially against the backdrop of fluctuating natural gas prices. Despite this, several reviews point to the firm's strong cash flow generation, solid balance sheet, and promising long-term potential due to the underlying quality of its assets, particularly in natural gas. The consensus leans towards caution before the deal closes, urging investors to weigh their tax situations and consider future market dynamics.
Ryan BushellLikes the merger with Seven Generations. As a senior player, it will get more recognition. Likes the balance sheet. Yield is 3.09%. (Analysts’ price target is $11.11)
John ZechnerExtremely well run. The deal with Seven Generations creates greater scale and more capital flexibility. It's a major player in the Montney region. Production is expected to rise, with the combined companies means 340,000 barrels a day. He predicts this will be cash flow positive by year's end. It trades at 3-4x cash flow which will grow in coming years. Will enjoy synergies from the merger. He hopes that cash will quickly pay down debt. Carries a not-bad 3% dividend yield. (Analysts’ price target is $10.97)
Michael Sprung
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Natural gas is 80% of their production stream. Their liquids weighting is falling more than he thought in 2021. This erodes the free cashflow the company is able to generate. It is not as attractive relative to other names. It would have to fall 10% more from here to be a buy. Tourmaline is a better buy.
Eric Nuttall
Greg NewmanRyan BushellEric NuttallEric NuttallHe used to own it to get exposure to Canadian natural gas. Assets and management are superb, and pays a fine dividend. However, at the start of March, he changed his outlook given how tough a sector energy was and gas demand was uncertain. He sold all his energy stocks and put his money into CNQ. Arc is still a good company. If you hold, be patient. When energy improves, so will Arc's stock.
(A Top Pick Jul 16/19, Up 12%) Despite a dividend cut, this is doing okay. He expects part of that dividend to come back. Natural gas has turned very positive for Canadian producers. Two big deals in the Montney involving CNQ and Conoco Phillips buying assets as gas prices rising on dropping US oil and gas production. He still likes Arc. Arc has a real ESG focus that will attract capital. We'll still need natural gas.
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A mispriced stock. It is being held back from forced selling from Seven Gens holders due to a mandate. This used to be the tier one quality name in Canada that traded at a huge premium. It is trading at 3.2x cashflow. Sign of an inefficient market. 8 - 8.5% weight for him. Would expect a 6x multiple, which would be a 119% upside.