- ARC Resources reported second quarter earnings per share (EPS) of C$0.40, beating the estimate of C$0.33 but lower than last year’s C$0.46 EPS.
- Average production for the second quarter was 330,046 barrels of oil equivalent per day (boe/d), a 4% decrease from last year and slightly below the estimate of 331,047 boe/d.
- ARC’s annual capital expenditure forecast remains unchanged, expected to be between C$1.75 billion and C$1.85 billion.
- Annual production is still projected to be between 350,000 and 360,000 boe/d, with an estimated 354,370 boe/d.
- Natural gas curtailment at Sunrise is expected to result in an average third-quarter production between 330,000 and 335,000 boe/d, emphasizing a higher percentage of crude oil and liquids compared to the second quarter of 2024.
- Fourth-quarter production is anticipated to average between 380,000 and 385,000 boe/d.
- Analyst ratings for ARC Resources are highly favorable: 15 buys, 1 hold, and 0 sells.
A look at Arc Resources Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Arc Resources Ltd., an oil and gas exploration company operating in western Canada, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong focus on growth, Arc Resources received a high score of 5 in this category, indicating positive expectations for its expansion and development strategies. Additionally, its value and dividend scores of 3 each suggest stability and decent returns for investors. However, the company scored lower in resilience with a 2, highlighting some potential vulnerabilities. Despite this, its momentum score of 3 indicates a steady performance trend in the market.
Overall, Arc Resources demonstrates a mixed profile in terms of its Smartkarma Smart Scores, with a notable strength in growth potential. Investors looking at the company may find the balance between growth opportunities, stability in value and dividend returns, and its momentum in the market to be important factors to consider when evaluating its long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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