TSE:ARX
Arc Resources Ltd (ARX.TO)
Financials 
Technical Analysis 
Jul 22, 2026, 12:00 amThis summary was created by AI, based on 41 opinions in the last 12 months.
Arc Resources Ltd. (ARX) has faced challenges primarily due to issues with its Attachie project and the volatile natural gas market. Although its stock has taken a hit, many analysts still see potential in the company's long-term growth. There's a general sentiment that the company's assets, particularly in natural gas and condensate, provide a solid foundation for future growth, especially with the anticipated demand for LNG. However, the current price fluctuations and production guidance have led to varied opinions, with some experts advocating for patience and others suggesting investors may want to explore other opportunities in the energy sector. Overall, while concerns remain about the company's current performance and market conditions, analysts still acknowledge its quality assets and the potential for recovery.
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Premium content
Oil has not performed well this year, but ARC has done better. Efficient with a great asset base, but shares are choppy. Will try to grown their dividend 10% annually. A good name.
Greg Newman
High-quality company, good management, great balance sheet. Manageable debt levels, great assets. Price of natural gas has been pushed down over the winter, and we'll have to see what happens in the summer. His view on nat gas and oil is fairly constructive. Nat gas is cleaner, and will be used more in future.
Premium contentWe reiterate Canada's third largest natural gas producer as a TOP PICK. It will supply two LNG projects beginning 2025. It has increased cash reserves, while aggressively retiring debt and buying back shares. It trades at 7x earnings, 1.6x book and supports a 46% ROE. The dividend is good and supported by a payout ratio under 15% of cash flow. We recommend trailing up the stop (from $13) to $15, looking to achieve $22 -- upside over 25%. Yield 3.1%
(Analysts’ price target is $21.96)This is the time to buy gas names, and this is one of his top ideas. Good job getting egress. Have a ways to wait before it can ship offshore through LNG. Will probably be first to the trough with TOU for contracts with LNG Canada.
Dennis da Silva
Premium contentWe reiterate ARX as a TOP PICK. The company recently reported all time record free funds cash flow from operations. This allowed cash reserves to grow while debt was aggressively retired and shares bought back. Its diversified portfolio of markets allows for premium pricing over 40% higher than AECO pricing in Alberta. We recommend keeping the stop at $13, looking to achieve $23 -- upside potential over 40%. Yield 3.1%
(Analysts’ price target is $22.97)Natural gas prices have been clobbered. Prices usually decline this time of year. Surplus of nat gas. Astute management. Potential deals for LNG. Nat gas prices may not hit prior robust levels, but any boost will benefit ARX.
Michael SprungDoesn't forecast commodities. Nat gas is sensitive to weather. There's only so much you can store which are currently full. There was a warm winter in Europe and here, so the expected drawdown didn't happen. She doesn't invest in this space, but ARC a long time ago. Arc is a good producer, well-run.
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Large portfolio of natural gas resources.
Owns shares personally.
Well run company with strong management team.
Upside with LNG contracts that are set to begin soon.
Not much downside with current natural gas prices.