Advertisement
Canada markets open in 1 hour 1 minute
  • S&P/TSX

    22,107.08
    +194.56 (+0.89%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CAD/USD

    0.7358
    -0.0015 (-0.20%)
     
  • CRUDE OIL

    82.61
    +1.26 (+1.55%)
     
  • Bitcoin CAD

    95,891.93
    +487.44 (+0.51%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,233.70
    +21.00 (+0.95%)
     
  • RUSSELL 2000

    2,114.35
    +44.19 (+2.13%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • NASDAQ futures

    18,494.75
    -9.00 (-0.05%)
     
  • VOLATILITY

    13.02
    +0.24 (+1.88%)
     
  • FTSE

    7,952.37
    +20.39 (+0.26%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • CAD/EUR

    0.6817
    +0.0012 (+0.18%)
     

ARC Resources Third Quarter 2022 Earnings: EPS: CA$1.33 (vs CA$0.074 in 3Q 2021)

ARC Resources (TSE:ARX) Third Quarter 2022 Results

Key Financial Results

  • Revenue: CA$2.13b (up 101% from 3Q 2021).

  • Net income: CA$867.8m (up by CA$814.2m from 3Q 2021).

  • Profit margin: 41% (up from 5.1% in 3Q 2021). The increase in margin was driven by higher revenue.

  • EPS: CA$1.33 (up from CA$0.074 in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

ARC Resources Earnings Insights

Looking ahead, revenue is forecast to decline by 19% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Canada are expected to remain flat.

Performance of the Canadian Oil and Gas industry.

ADVERTISEMENT

The company's shares are down 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for ARC Resources that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here