ARC Resources Ltd.
ARC Resources Ltd. acquires and develops crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney assets located in Alberta and northeast British Columbia. The company was founded in 1996 and is based in Calgary, Canada.
ARC Resources Ltd. (AETUF) - Net Assets
Latest net assets as of December 2025: $8.26 Billion USD
Based on the latest financial reports, ARC Resources Ltd. (AETUF) has net assets worth $8.26 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.31 Billion) and total liabilities ($7.05 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.26 Billion |
| % of Total Assets | 53.98% |
| Annual Growth Rate | 14.55% |
| 5-Year Change | 39.42% |
| 10-Year Change | 137.14% |
| Growth Volatility | 31.94 |
ARC Resources Ltd. - Net Assets Trend (1996–2025)
This chart illustrates how ARC Resources Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ARC Resources Ltd. (1996–2025)
The table below shows the annual net assets of ARC Resources Ltd. from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.26 Billion | +3.97% |
| 2024-12-31 | $7.95 Billion | +7.01% |
| 2023-12-31 | $7.43 Billion | +11.64% |
| 2022-12-31 | $6.65 Billion | +12.25% |
| 2021-12-31 | $5.93 Billion | +112.41% |
| 2020-12-31 | $2.79 Billion | -18.88% |
| 2019-12-31 | $3.44 Billion | -6.42% |
| 2018-12-31 | $3.68 Billion | +0.19% |
| 2017-12-31 | $3.67 Billion | +5.28% |
| 2016-12-31 | $3.48 Billion | +2.84% |
| 2015-12-31 | $3.39 Billion | -4.60% |
| 2014-12-31 | $3.55 Billion | +4.58% |
| 2013-12-31 | $3.40 Billion | -0.02% |
| 2012-12-31 | $3.40 Billion | +7.43% |
| 2011-12-31 | $3.16 Billion | -1.02% |
| 2010-12-31 | $3.19 Billion | +36.61% |
| 2009-12-31 | $2.34 Billion | +9.16% |
| 2008-12-31 | $2.14 Billion | +4.92% |
| 2007-12-31 | $2.04 Billion | +5.88% |
| 2006-12-31 | $1.93 Billion | +5.05% |
| 2005-12-31 | $1.84 Billion | +18.48% |
| 2004-12-31 | $1.55 Billion | -0.15% |
| 2003-12-31 | $1.55 Billion | +78.63% |
| 2002-12-31 | $868.67 Million | +6.17% |
| 2001-12-31 | $818.17 Million | +69.66% |
| 2000-12-31 | $482.25 Million | +48.84% |
| 1999-12-31 | $324.00 Million | +93.66% |
| 1998-12-31 | $167.30 Million | -21.12% |
| 1997-12-31 | $212.10 Million | +31.90% |
| 1996-12-31 | $160.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ARC Resources Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 225450000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.25 Billion | 27.19% |
| Common Stock | $5.99 Billion | 72.49% |
| Other Comprehensive Income | $-2.00 Million | -0.02% |
| Other Components | $28.40 Million | 0.34% |
| Total Equity | $8.26 Billion | 100.00% |
ARC Resources Ltd. Competitors by Market Cap
The table below lists competitors of ARC Resources Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ideaForge Technology Limited
NSE:IDEAFORGE
|
$10.32 Billion |
|
Cochlear Limited
PINK:CHEOF
|
$10.33 Billion |
|
Admiral Group plc
PINK:AMIGF
|
$10.33 Billion |
|
Luckin Coffee
PINK:LKNCY
|
$10.34 Billion |
|
Bayer Aktiengesellschaft
F:BAYA
|
$10.29 Billion |
|
AB SKF (publ)
PINK:SKUFF
|
$10.28 Billion |
|
Hua Nan Financial Holdings Co Ltd
TW:2880
|
$10.28 Billion |
|
Topbuild Corp
NYSE:BLD
|
$10.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ARC Resources Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,948,200,000 to 8,264,000,000, a change of 315,800,000 (4.0%).
- Net income of 1,275,100,000 contributed positively to equity growth.
- Dividend payments of 444,000,000 reduced retained earnings.
- Share repurchases of 514,000,000 reduced equity.
- Other comprehensive income increased equity by 4,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.28 Billion | +15.43% |
| Dividends Paid | $444.00 Million | -5.37% |
| Share Repurchases | $514.00 Million | -6.22% |
| Other Comprehensive Income | $4.20 Million | +0.05% |
| Other Changes | $-5.50 Million | -0.07% |
| Total Change | $- | 3.97% |
Book Value vs Market Value Analysis
This analysis compares ARC Resources Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.03x to 1.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $8.93 | $18.11 | x |
| 1997-12-31 | $9.22 | $18.11 | x |
| 1998-12-31 | $6.53 | $18.11 | x |
| 1999-12-31 | $6.63 | $18.11 | x |
| 2000-12-31 | $7.57 | $18.11 | x |
| 2001-12-31 | $7.99 | $18.11 | x |
| 2002-12-31 | $7.21 | $18.11 | x |
| 2003-12-31 | $9.92 | $18.11 | x |
| 2004-12-31 | $8.20 | $18.11 | x |
| 2005-12-31 | $9.47 | $18.11 | x |
| 2006-12-31 | $9.32 | $18.11 | x |
| 2007-12-31 | $9.64 | $18.11 | x |
| 2008-12-31 | $9.72 | $18.11 | x |
| 2009-12-31 | $9.93 | $18.11 | x |
| 2010-12-31 | $12.09 | $18.11 | x |
| 2011-12-31 | $11.02 | $18.11 | x |
| 2012-12-31 | $11.00 | $18.11 | x |
| 2013-12-31 | $10.89 | $18.11 | x |
| 2014-12-31 | $11.20 | $18.11 | x |
| 2015-12-31 | $9.95 | $18.11 | x |
| 2016-12-31 | $9.92 | $18.11 | x |
| 2017-12-31 | $10.37 | $18.11 | x |
| 2018-12-31 | $10.39 | $18.11 | x |
| 2019-12-31 | $9.73 | $18.11 | x |
| 2020-12-31 | $7.90 | $18.11 | x |
| 2021-12-31 | $9.45 | $18.11 | x |
| 2022-12-31 | $10.03 | $18.11 | x |
| 2023-12-31 | $12.16 | $18.11 | x |
| 2024-12-31 | $13.29 | $18.11 | x |
| 2025-12-31 | $14.18 | $18.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ARC Resources Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.00%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.85x
- Recent ROE (15.43%) is above the historical average (10.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 4.42% | 22.26% | 0.15x | 1.34x | $-8.98 Million |
| 1997 | 4.34% | 12.42% | 0.25x | 1.39x | $-12.01 Million |
| 1998 | -8.43% | -21.01% | 0.26x | 1.55x | $-30.83 Million |
| 1999 | 9.20% | 19.20% | 0.31x | 1.56x | $-2.60 Million |
| 2000 | 22.99% | 35.06% | 0.48x | 1.37x | $62.65 Million |
| 2001 | 17.20% | 27.29% | 0.37x | 1.69x | $58.87 Million |
| 2002 | 7.82% | 15.26% | 0.30x | 1.69x | $-18.97 Million |
| 2003 | 18.70% | 39.69% | 0.32x | 1.47x | $135.03 Million |
| 2004 | 15.97% | 26.80% | 0.39x | 1.52x | $90.35 Million |
| 2005 | 19.85% | 30.63% | 0.36x | 1.81x | $177.12 Million |
| 2006 | 24.36% | 37.39% | 0.35x | 1.84x | $271.26 Million |
| 2007 | 24.78% | 50.01% | 0.28x | 1.77x | $295.44 Million |
| 2008 | 25.38% | 31.24% | 0.45x | 1.79x | $323.03 Million |
| 2009 | 9.53% | 22.51% | 0.25x | 1.67x | $-11.04 Million |
| 2010 | 8.16% | 21.49% | 0.25x | 1.55x | $-58.64 Million |
| 2011 | 9.08% | 19.96% | 0.27x | 1.68x | $-29.18 Million |
| 2012 | 4.10% | 10.02% | 0.25x | 1.66x | $-200.47 Million |
| 2013 | 7.09% | 14.82% | 0.28x | 1.69x | $-98.91 Million |
| 2014 | 10.72% | 18.07% | 0.33x | 1.78x | $25.62 Million |
| 2015 | -10.11% | -28.71% | 0.20x | 1.75x | $-681.55 Million |
| 2016 | 5.78% | 18.93% | 0.18x | 1.72x | $-147.18 Million |
| 2017 | 10.60% | 31.73% | 0.20x | 1.70x | $22.01 Million |
| 2018 | 5.82% | 14.20% | 0.25x | 1.64x | $-153.78 Million |
| 2019 | -0.80% | -2.15% | 0.22x | 1.68x | $-371.59 Million |
| 2020 | -19.61% | -46.64% | 0.24x | 1.78x | $-826.26 Million |
| 2021 | 13.27% | 14.27% | 0.48x | 1.92x | $193.85 Million |
| 2022 | 34.60% | 23.37% | 0.85x | 1.75x | $1.64 Billion |
| 2023 | 21.49% | 28.23% | 0.46x | 1.67x | $853.72 Million |
| 2024 | 14.14% | 19.99% | 0.43x | 1.65x | $329.28 Million |
| 2025 | 15.43% | 21.00% | 0.40x | 1.85x | $448.70 Million |
Industry Comparison
This section compares ARC Resources Ltd.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,518,414,566
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ARC Resources Ltd. (AETUF) | $8.26 Billion | 4.42% | 0.85x | $10.30 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |