ARC Resources Ltd. (ARX.TO)
ARC Resources Ltd. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $33.91, up 0.71% on the session, giving a market capitalisation of $19.21B. Its beta of 0.11 implies it has historically moved less than the broad market.
Operating within Canada, ARC Resources Ltd. is an energy company focused on the exploration, development, and production of crude oil, natural gas, and associated liquids. Its core assets include significant stakes in the Montney region, spanning northeastern British Columbia and northern Alberta, as well as the Pembina Cardium properties situated in central Alberta. As of December 31, 2020, the company reported estimated proved and probable reserves totaling 929 million barrels of oil equivalent. ARC Resources Ltd., which was established in 1996, maintains its corporate headquarters in Calgary, Canada.
ARC Resources Ltd. is most often compared with the following Energy names: