ARC Resources Ltd.

ARC Resources Ltd.verified

ARX.TO

Price:

$22.33

Market Cap:

$13.34B

ARC Resources Ltd. explores, develops, and produces crude oil, natural gas, and natural gas liquids in Canada. The company holds interests in the Montney properties located in northeast British Columbia and northern Alberta; and Pembina Cardium properties in central Alberta. As of December 31, 2020, it had proved plus probable reserves of 929 millions of barrels of oil equivalent. ARC Resources Ltd. was founded in 1996 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

1996-08-13

Stock Exchange

TSX

Ticker

ARX.TO

The Current Ratio as of September 2024 (TTM) for ARC Resources Ltd. (ARX.TO) is 0.88

According to ARC Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.88. This represents a change of 5.89% compared to the average of 0.83 of the last 4 quarters.

ARC Resources Ltd. (ARX.TO) Historical Current Ratio (quarterly & annually)

How has ARX.TO Current Ratio performed in the past?

The mean historical Current Ratio of ARC Resources Ltd. over the last ten years is 1.19. The current 0.88 Current Ratio has changed 7.31% with respect to the historical average. Over the past ten years (40 quarters), ARX.TO's Current Ratio was at its highest in in the March 2021 quarter at 2.63. The Current Ratio was at its lowest in in the September 2021 quarter at 0.37.

Quarterly (TTM)
Annual

Average

1.19

Median

0.83

Minimum

0.44

Maximum

2.58

ARC Resources Ltd. (ARX.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of ARC Resources Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 173.79%

Maximum Annual Current Ratio = 2.58

Minimum Annual Increase = -73.08%

Minimum Annual Current Ratio = 0.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.9158.29%
20220.5719.02%
20210.489.45%
20200.44-16.61%
20190.53-73.08%
20181.9719.44%
20171.65-36.10%
20162.5826.41%
20152.04173.79%
20140.7443.59%

ARC Resources Ltd. (ARX.TO) Average Current Ratio

How has ARX.TO Current Ratio performed in the past?

The current Current Ratio of ARC Resources Ltd. (ARX.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.66

5-year avg

0.59

10-year avg

1.19

ARC Resources Ltd. (ARX.TO) Current Ratio vs. Peers

How is ARX.TO’s Current Ratio compared to its peers?

ARC Resources Ltd.’s Current Ratio is less than Tourmaline Oil Corp. (1.11), less than Whitecap Resources Inc. (0.94), greater than Enerplus Corporation (0.70), less than MEG Energy Corp. (1.55), less than Vermilion Energy Inc. (1.09),

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