Arc Resources (OTC) (TSE:ARX)
OTHER OTC:ARX
Earnings Data
Report Date
Apr 29, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.62Last Year’s EPS
0.69Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong corporate and financial performance—record production, robust free cash flow, meaningful shareholder returns, reserve growth and constructive gas pricing—while acknowledging a material operational challenge at the Attachie asset that prompted a prudent slowdown and possible reallocation of ~CAD 250 million of capital. Management emphasized discipline, balance sheet strength and confidence in other high-quality assets (notably Kakwa) to offset near-term uncertainty. Overall, positives in cash generation, shareholder returns, reserves and market access outweigh the asset-level execution risk at Attachie, which the company is addressing deliberately.Company Guidance
Record Quarterly and Annual Production
Q4 2025 production was a record 408,000 BOE/day (Terry), representing ~7% year-over-year growth and ~10% growth on a per-share basis; full-year 2025 average production was a record 374,000 BOE/day and the company expects annual average production to surpass 400,000 BOE/day in the coming year.
Strong Condensate and Kakwa Performance
Condensate and oil production in Q4 was strong at 119,000 bbl/day. Kakwa produced ~215,000 BOE/day in Q4 (up ~10,000 BOE/day quarter-over-quarter), including record-high condensate volumes supported by strong well performance and a July tuck-in acquisition.
Robust Cash Generation and Free Cash Flow
Full-year free funds flow for 2025 totaled ~CAD 1.3 billion, roughly double 2024 levels; Q4 free cash flow was CAD 415 million (a ~47% increase vs Q3) and ~40% above analyst expectations. Free cash flow per share doubled to CAD 2.20.
Funds From Operations and Balance Sheet Strength
Q4 funds from operations were CAD 874 million (about 11% above expectations). ARC exited the year with ~CAD 2.9 billion of net debt (~0.9x 2025 cash flow), down approximately CAD 200 million from the prior quarter, indicating a strong balance sheet.
Shareholder Returns and Capital Allocation
ARC returned ~75% of free funds flow to shareholders in 2025: repurchasing just under 20 million common shares for CAD 514 million and paying CAD 452 million in dividends. Management intends to return essentially all free cash flow to shareholders in 2026 through dividends and buybacks.
Reserves and Embedded Value
Company reported record reserves across all three categories in 2025: proved developed producing (PDP) reserves increased ~15% and proved plus probable (2P) reserves increased ~10%. Before-tax NPV of 2P reserves was reported at CAD 39 per share, based on roughly 25% of internally identified inventory.
Realized Natural Gas Pricing and Market Access
ARC realized a natural gas price of CAD 3.77/Mcf (nearly CAD 1.50/Mcf above AECO) aided by low-cost transport to U.S. markets. Deliveries to the LNG Canada project commenced (via Shell agreement), and ARC is ~1 year away from shipping portions of supply to international LNG markets, increasing exposure to global LNG pricing.
Operational Discipline and Cost Control
Disciplined curtailment strategy preserved resource and deferred capital (curtailed nearly 400 MMcf/day at Sunrise during low-price periods, deferring roughly CAD 50 million of capital). Full-year operating costs per BOE and transportation expense per BOE were within or at the low end of guidance.
Unchanged 2026 Corporate Guidance
Despite asset-level adjustments at Attachie, corporate 2026 guidance remains unchanged: production guidance of 405,000–420,000 BOE/day and capital expenditures of CAD 1.8–1.9 billion. Management expects roughly CAD 1.2 billion of free funds flow in 2026 at current strip prices.
Safety Performance
2025 was highlighted as one of the strongest safety years in company history; management emphasized safety as top priority and commended employee and contractor performance.
TSE:ARX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:ARX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | C$25.40 | C$22.83 | -10.12% |
Nov 06, 2025 | C$26.17 | C$23.89 | -8.71% |
Jul 31, 2025 | C$26.85 | C$27.15 | +1.11% |
May 01, 2025 | C$24.76 | C$25.45 | +2.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Arc Resources (OTC) (TSE:ARX) report earnings?
Arc Resources (OTC) (TSE:ARX) is schdueled to report earning on Apr 29, 2026, TBA (Confirmed).
What is Arc Resources (OTC) (TSE:ARX) earnings time?
Arc Resources (OTC) (TSE:ARX) earnings time is at Apr 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:ARX EPS forecast?
TSE:ARX EPS forecast for the fiscal quarter 2026 (Q1) is 0.62.