ARC Resources Ltd. (ARX) - Net Assets
Based on the latest financial reports, ARC Resources Ltd. (ARX) has net assets worth CA$8.30 Billion CAD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$14.18 Billion) and total liabilities (CA$5.88 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 | CA$8.30 Billion |
| % of Total Assets | 58.51% |
| Annual Growth Rate | 14.95% |
| 5-Year Change | 184.82% |
| 10-Year Change | 134.56% |
| Growth Volatility | 32.24 |
ARC Resources Ltd. - Net Assets Trend (1996–2024)
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. (1996–2024)
The table below shows the annual net assets of ARC Resources Ltd. from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.95 Billion | +7.01% |
| 2023-12-31 | CA$7.43 Billion | +11.64% |
| 2022-12-31 | CA$6.65 Billion | +12.25% |
| 2021-12-31 | CA$5.93 Billion | +112.41% |
| 2020-12-31 | CA$2.79 Billion | -18.88% |
| 2019-12-31 | CA$3.44 Billion | -6.42% |
| 2018-12-31 | CA$3.68 Billion | +0.19% |
| 2017-12-31 | CA$3.67 Billion | +5.28% |
| 2016-12-31 | CA$3.48 Billion | +2.84% |
| 2015-12-31 | CA$3.39 Billion | -4.60% |
| 2014-12-31 | CA$3.55 Billion | +4.58% |
| 2013-12-31 | CA$3.40 Billion | -0.02% |
| 2012-12-31 | CA$3.40 Billion | +7.43% |
| 2011-12-31 | CA$3.16 Billion | +1.59% |
| 2010-12-31 | CA$3.11 Billion | +38.59% |
| 2009-12-31 | CA$2.25 Billion | +6.95% |
| 2008-12-31 | CA$2.10 Billion | +2.84% |
| 2007-12-31 | CA$2.04 Billion | +5.88% |
| 2006-12-31 | CA$1.93 Billion | +5.06% |
| 2005-12-31 | CA$1.84 Billion | +18.48% |
| 2004-12-31 | CA$1.55 Billion | -0.15% |
| 2003-12-31 | CA$1.55 Billion | +76.18% |
| 2002-12-31 | CA$880.75 Million | +7.83% |
| 2001-12-31 | CA$816.79 Million | +69.37% |
| 2000-12-31 | CA$482.25 Million | +48.84% |
| 1999-12-31 | CA$324.00 Million | +93.66% |
| 1998-12-31 | CA$167.30 Million | -21.12% |
| 1997-12-31 | CA$212.10 Million | +31.90% |
| 1996-12-31 | CA$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 173600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.73 Billion | 21.75% |
| Common Stock | CA$6.19 Billion | 77.93% |
| Other Comprehensive Income | CA$-6.20 Million | -0.08% |
| Other Components | CA$31.60 Million | 0.40% |
| Total Equity | CA$7.95 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 |
|---|---|
|
Anglo American Platinum Ltd
JSE:AMS
|
$10.35 Billion |
|
Sichuan Chuantou Energy Co Ltd
SHG:600674
|
$10.36 Billion |
|
Leonardo DRS, Inc. Common Stock
NASDAQ:DRS
|
$10.36 Billion |
|
Invesco Ltd.
SA:I1VZ34
|
$10.36 Billion |
|
IES Holdings Inc
NASDAQ:IESC
|
$10.33 Billion |
|
Stantec Inc
NYSE:STN
|
$10.32 Billion |
|
Yunnan Chuangxin New Material Co Ltd
SHE:002812
|
$10.30 Billion |
|
Phison Electronics
TWO:8299
|
$10.29 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 2023 to 2024, total equity changed from 7,427,800,000 to 7,948,200,000, a change of 520,400,000 (7.0%).
- Net income of 1,124,100,000 contributed positively to equity growth.
- Dividend payments of 405,700,000 reduced retained earnings.
- Share repurchases of 202,400,000 reduced equity.
- Other comprehensive income increased equity by 11,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.12 Billion | +14.14% |
| Dividends Paid | CA$405.70 Million | -5.1% |
| Share Repurchases | CA$202.40 Million | -2.55% |
| Other Comprehensive Income | CA$11.70 Million | +0.15% |
| Other Changes | CA$-7.30 Million | -0.09% |
| Total Change | CA$- | 7.01% |
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: 1.86x
- 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 2.78x to 1.86x 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 | CA$8.93 | CA$24.83 | x |
| 1997-12-31 | CA$9.22 | CA$24.83 | x |
| 1998-12-31 | CA$6.53 | CA$24.83 | x |
| 1999-12-31 | CA$6.63 | CA$24.83 | x |
| 2000-12-31 | CA$7.57 | CA$24.83 | x |
| 2001-12-31 | CA$7.98 | CA$24.83 | x |
| 2002-12-31 | CA$7.31 | CA$24.83 | x |
| 2003-12-31 | CA$9.69 | CA$24.83 | x |
| 2004-12-31 | CA$8.20 | CA$24.83 | x |
| 2005-12-31 | CA$9.47 | CA$24.83 | x |
| 2006-12-31 | CA$9.32 | CA$24.83 | x |
| 2007-12-31 | CA$9.64 | CA$24.83 | x |
| 2008-12-31 | CA$9.72 | CA$24.83 | x |
| 2009-12-31 | CA$9.54 | CA$24.83 | x |
| 2010-12-31 | CA$11.78 | CA$24.83 | x |
| 2011-12-31 | CA$11.02 | CA$24.83 | x |
| 2012-12-31 | CA$11.00 | CA$24.83 | x |
| 2013-12-31 | CA$10.89 | CA$24.83 | x |
| 2014-12-31 | CA$11.20 | CA$24.83 | x |
| 2015-12-31 | CA$9.95 | CA$24.83 | x |
| 2016-12-31 | CA$9.92 | CA$24.83 | x |
| 2017-12-31 | CA$10.37 | CA$24.83 | x |
| 2018-12-31 | CA$10.39 | CA$24.83 | x |
| 2019-12-31 | CA$9.73 | CA$24.83 | x |
| 2020-12-31 | CA$7.90 | CA$24.83 | x |
| 2021-12-31 | CA$9.45 | CA$24.83 | x |
| 2022-12-31 | CA$10.03 | CA$24.83 | x |
| 2023-12-31 | CA$12.16 | CA$24.83 | x |
| 2024-12-31 | CA$13.33 | CA$24.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ARC Resources Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.05%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.65x
- Recent ROE (14.14%) is above the historical average (10.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 4.42% | 22.26% | 0.15x | 1.34x | CA$-8.98 Million |
| 1997 | 4.34% | 12.42% | 0.25x | 1.39x | CA$-12.01 Million |
| 1998 | -8.43% | -21.01% | 0.26x | 1.55x | CA$-30.83 Million |
| 1999 | 9.20% | 19.20% | 0.31x | 1.56x | CA$-2.60 Million |
| 2000 | 22.99% | 35.06% | 0.48x | 1.37x | CA$62.65 Million |
| 2001 | 17.22% | 27.29% | 0.37x | 1.69x | CA$59.01 Million |
| 2002 | 7.71% | 15.26% | 0.30x | 1.70x | CA$-20.18 Million |
| 2003 | 19.15% | 39.69% | 0.32x | 1.51x | CA$138.66 Million |
| 2004 | 15.97% | 26.80% | 0.39x | 1.52x | CA$90.35 Million |
| 2005 | 19.85% | 30.63% | 0.36x | 1.81x | CA$177.12 Million |
| 2006 | 24.36% | 37.39% | 0.35x | 1.84x | CA$271.26 Million |
| 2007 | 24.78% | 50.01% | 0.28x | 1.77x | CA$295.44 Million |
| 2008 | 25.38% | 31.24% | 0.45x | 1.79x | CA$323.03 Million |
| 2009 | 9.92% | 22.51% | 0.25x | 1.74x | CA$-1.77 Million |
| 2010 | 8.38% | 21.49% | 0.24x | 1.63x | CA$-50.44 Million |
| 2011 | 9.08% | 19.96% | 0.27x | 1.68x | CA$-29.18 Million |
| 2012 | 4.10% | 11.66% | 0.21x | 1.66x | CA$-200.47 Million |
| 2013 | 7.09% | 17.18% | 0.24x | 1.69x | CA$-98.91 Million |
| 2014 | 10.72% | 21.04% | 0.29x | 1.78x | CA$25.62 Million |
| 2015 | -10.11% | -31.43% | 0.18x | 1.75x | CA$-681.55 Million |
| 2016 | 5.78% | 20.66% | 0.16x | 1.72x | CA$-147.18 Million |
| 2017 | 10.60% | 32.18% | 0.19x | 1.70x | CA$22.01 Million |
| 2018 | 5.82% | 15.32% | 0.23x | 1.64x | CA$-153.78 Million |
| 2019 | -0.80% | -2.26% | 0.21x | 1.68x | CA$-371.59 Million |
| 2020 | -19.61% | -48.24% | 0.23x | 1.78x | CA$-826.26 Million |
| 2021 | 13.27% | 15.39% | 0.45x | 1.92x | CA$193.85 Million |
| 2022 | 34.60% | 26.64% | 0.74x | 1.75x | CA$1.64 Billion |
| 2023 | 21.49% | 28.23% | 0.46x | 1.67x | CA$853.72 Million |
| 2024 | 14.14% | 22.05% | 0.39x | 1.65x | CA$329.28 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: $332,604,288
- Average return on equity (ROE) among peers: -16.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ARC Resources Ltd. (ARX) | CA$8.30 Billion | 4.42% | 0.71x | $10.34 Billion |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -3.66% | 0.53x | $1.14 Billion |
| Africa Energy Corp (AFE) | $16.67 Million | -25.18% | 0.03x | $83.19 Million |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $218.42 Million |
| Africa Oil Corp (AOI) | $-4.85K | 0.00% | 0.00x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-3.47 Million | 0.00% | 0.00x | $19.37 Million |
| Athabasca Oil Corp (ATH) | $1.71 Billion | 33.46% | 0.30x | $3.64 Billion |
| Altai Resources Inc. (ATI) | $4.55 Million | -0.95% | 0.10x | $1.42 Million |
| Avanti Energy Inc (AVN) | $425.22K | -75.44% | 0.06x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $710.09K | -70.80% | 0.16x | $81.68 Million |
About ARC Resources Ltd.
ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. The company was founded in 1996 and is based in Calgary, Canada.