ARC Resources: Top 10 Undervalued Energy Sector Stocks on TSX (ARX)
ARC Resources is now ranked among the top 10 undervalued stocks in the Energy sector on the Toronto Stock Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| AAV | Advantage Energy | - | - | - (0.0%) | 0.0 | 0.0 | 17.7 | |
| ACX | ACT Energy Technologies | - | - | - (0.0%) | 0.0 | 0.0 | 12.2 | |
| AKT-A | Akita Drilling | - | - | - (0.0%) | 0.0 | 0.0 | 4.8 | |
| AKT-B | Akita Drilling | - | - | - (0.0%) | 0.0 | 0.0 | 12.7 | |
| ALA | AltaGas | - | - | - (0.0%) | 0.0 | 3.5 | 15.8 | |
| AOI | Africa Oil | - | - | - (0.0%) | 0.0 | 2.8 | 12.5 | |
| ARX | ARC Resources | - | - | - (0.0%) | 0.0 | 2.9 | 11.6 | |
| ATH | Athabasca Oil | - | - | - (0.0%) | 0.0 | 0.0 | 67.1 | |
| BIR | Birchcliff Energy | - | - | - (0.0%) | 0.0 | 9.9 | 43.1 | |
| BNE | Bonterra Energy | - | - | - (0.0%) | 0.0 | 0.0 | 4.8 |
All data provided as of July 24, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
ARC Resources
ARC Resources Ltd is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas.
ARC Resources is listed under ARX on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
