ARC Resources Management
Management criteria checks 4/4
ARC Resources' CEO is Terry Anderson, appointed in Feb 2020, has a tenure of 6.25 years. total yearly compensation is CA$6.78M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.094% of the company’s shares, worth CA$16.93M. The average tenure of the management team and the board of directors is 5.3 years and 5.8 years respectively.
Key information
Terry Anderson
Chief executive officer
CA$6.8m
Total compensation
| CEO salary percentage | 10.69% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 5.3yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Narrative Update • Apr 25
ARX: Future Cash Returns Will Rely On Execution And Capital Returns
Narrative Update on ARC Resources The updated analyst model lifts the fair value estimate for ARC Resources by about CA$1 to roughly CA$31.21. This reflects analyst expectations for slightly higher revenue growth, a stronger profit margin profile, and a lower future P/E multiple.Narrative Update • Apr 10
ARX: Future Cash Returns Will Depend On Steady Execution And Buybacks
ARC Resources' analyst price target has shifted modestly higher to CA$30.29 from CA$29.71 as analysts factor in updated fair value assumptions alongside recent mixed target changes and ratings moves across the Street. Analyst Commentary Recent Street research around ARC Resources shows a mix of optimism and caution, which feeds into the modest upward move in the consensus price target.
New Narrative • Apr 09
Global LNG Exposure And Attachie Uncertainty Will Shape Future Cash Flow Concentration
Catalysts About ARC Resources ARC Resources is a Canadian energy producer focused on natural gas and condensate development in the Montney resource play. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 26
ARX: Future Cash Returns Will Rely On Steady Execution And Balanced Capital Returns
ARC Resources' updated fair value estimate has shifted to CA$29.71 from CA$28.68, as analysts factor in recent price target cuts and downgrades while maintaining broadly similar assumptions for the discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research on ARC Resources has leaned more cautious, with several firms adjusting price targets and ratings.
New Narrative • Mar 25
Long LNG Demand And Montney Reserves Will Support Stronger Future Cash Flows
Catalysts About ARC Resources ARC Resources is a Canadian energy producer focused on natural gas and condensate development in the Montney resource play. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 09
ARX: Future Cash Returns Will Depend On Execution Amid Cautious Bank Downgrades
Analysts have trimmed their average price target on ARC Resources by a few Canadian dollars to reflect a slightly lower fair value estimate of about CA$28.68, citing a series of recent downgrades and target cuts from major Canadian banks. Analyst Commentary Recent research on ARC Resources has shifted toward a more cautious stance, with several firms trimming price targets and some moving to more neutral or bearish ratings.Narrative Update • Feb 23
ARX: Future Cash Returns Will Rely On Higher Margins Despite Softer Outlook
Analysts have trimmed their fair value estimate for ARC Resources to CA$28.63 from CA$29.33, reflecting recent cuts to Street price targets and updated views on slightly softer revenue growth, a higher profit margin profile, and a lower future P/E multiple. Analyst Commentary Recent Street research on ARC Resources has tilted more cautious, with several firms trimming price targets and some moving to more conservative ratings.Narrative Update • Feb 09
ARX: Future Cash Returns Will Rely On Higher Payouts Despite Cautious Ratings
Analysts have trimmed their price targets on ARC Resources by about C$1, reflecting updated assumptions for slightly lower revenue and profit margins, as well as a modestly higher discount rate and future P/E. Analyst Commentary Recent Street research on ARC Resources has tilted more cautious, with several bearish analysts lowering ratings and price targets while still recognizing some supportive elements in the valuation and earnings setup.Narrative Update • Jan 25
ARX: Higher Dividend And Buybacks Will Support Future Cash Return Potential
Analysts have trimmed their average price target on ARC Resources by about C$1 to C$2 to reflect slightly lower fair value estimates and modestly reduced future P/E assumptions, while still incorporating relatively stable views on growth, margins and discount rates. Analyst Commentary Recent Street research on ARC Resources points to a slightly more cautious tone on valuation, with price targets trimmed by C$1 to C$2 while ratings remain supportive.Narrative Update • Jan 09
ARX: Higher Dividend And Buybacks Will Support Stronger Future Shareholder Returns
Narrative Update Analysts have trimmed their price target on ARC Resources to C$30 from C$32 as they reset expectations around revenue growth, profit margins, and future P/E assumptions. They still see support for a fair value estimate near $31.05.Analysis Article • Dec 19
ARC Resources' (TSE:ARX) Dividend Will Be Increased To CA$0.21
ARC Resources Ltd. ( TSE:ARX ) will increase its dividend from last year's comparable payment on the 15th of January to...Narrative Update • Dec 14
ARX: Dividend Hike And Buybacks Will Drive Stronger Future Shareholder Returns
Analysts have trimmed their price targets on ARC Resources, with recent revisions including cuts from C$35 to C$33 and from C$32 to C$30. They cited modestly softer growth assumptions, which are partly offset by slightly stronger margin expectations.Narrative Update • Nov 28
ARX: Dividend Boost And Share Buybacks Will Drive Upside Momentum
Analysts have lowered their price target for ARC Resources from approximately C$31.58 to C$30.94. This change reflects recent downward adjustments due to expectations of lower profit margins and moderated revenue growth.Narrative Update • Nov 14
ARX: Dividend Increase And Index Inclusion Will Drive Further Upside
ARC Resources' analyst price target has been reduced slightly from C$32.33 to C$31.58, as analysts cite more modest revenue growth expectations, partially offset by an improved profit margin outlook. Analyst Commentary Recent Street research on ARC Resources reflects a mix of optimism and caution regarding the company's valuation and growth prospects.Narrative Update • Oct 31
ARX: Buyback Plan And Index Addition Will Drive Shareholder Returns
Analysts have slightly lowered their price target for ARC Resources to C$33 from C$35. They cite modest revisions to fair value and profitability expectations following a recent update to their financial models.Analysis Article • Oct 20
ARC Resources Ltd.'s (TSE:ARX) Shares Not Telling The Full Story
ARC Resources Ltd.'s ( TSE:ARX ) price-to-earnings (or "P/E") ratio of 9.6x might make it look like a buy right now...Narrative Update • Oct 17
Kakwa Integration And LNG Canada Will Fuel Future Upside
ARC Resources’ analyst price target has been lowered slightly from C$35 to C$33. Analysts cite a more cautious outlook driven by modest declines in forecast fair value, revenue growth, and profit margins.Narrative Update • Oct 03
Kakwa Integration And LNG Canada Will Fuel Future Upside
Analysts have lowered their price target for ARC Resources from C$35 to C$33. They cited modest shifts in revenue growth assumptions and an updated profit margin outlook as key factors for the revision.Narrative Update • Sep 16
Kakwa Integration And LNG Canada Will Fuel Future Upside
Consensus analyst targets for ARC Resources were marginally revised lower, primarily reflecting updated commodity price assumptions and sector outlooks despite ongoing confidence in the company’s strong operational performance and capital returns, resulting in a minimal price target reduction from CA$33.94 to CA$33.82. Analyst Commentary Bullish analysts cited consistent operational performance and reaffirmed positive outlooks, reflected in maintained Outperform/Buy ratings despite minor target reductions or increases.Analysis Article • Jun 22
Is ARC Resources (TSE:ARX) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • May 31
ARC Resources Ltd.'s (TSE:ARX) Shares Not Telling The Full Story
With a price-to-earnings (or "P/E") ratio of 12.5x ARC Resources Ltd. ( TSE:ARX ) may be sending bullish signals at the...
New Narrative • Nov 25
Attachie's Growth Surge Powers Strong Revenue And Margin Expansion With Rising Profitability
Strategic initiatives like Attachie Phase 1 and U.S. market redirection boost margins and positively impact future earnings.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | CA$1b |
| Dec 31 2025 | CA$7m | CA$725k | CA$1b |
| Sep 30 2025 | n/a | n/a | CA$1b |
| Jun 30 2025 | n/a | n/a | CA$2b |
| Mar 31 2025 | n/a | n/a | CA$1b |
| Dec 31 2024 | CA$8m | CA$700k | CA$1b |
| Sep 30 2024 | n/a | n/a | CA$1b |
| Jun 30 2024 | n/a | n/a | CA$1b |
| Mar 31 2024 | n/a | n/a | CA$1b |
| Dec 31 2023 | CA$7m | CA$660k | CA$2b |
| Sep 30 2023 | n/a | n/a | CA$2b |
| Jun 30 2023 | n/a | n/a | CA$2b |
| Mar 31 2023 | n/a | n/a | CA$3b |
| Dec 31 2022 | CA$5m | CA$630k | CA$2b |
| Sep 30 2022 | n/a | n/a | CA$2b |
| Jun 30 2022 | n/a | n/a | CA$1b |
| Mar 31 2022 | n/a | n/a | CA$539m |
| Dec 31 2021 | CA$4m | CA$600k | CA$787m |
| Sep 30 2021 | n/a | n/a | CA$229m |
| Jun 30 2021 | n/a | n/a | CA$110m |
| Mar 31 2021 | n/a | n/a | CA$189m |
| Dec 31 2020 | CA$4m | CA$461k | -CA$547m |
| Sep 30 2020 | n/a | n/a | -CA$678m |
| Jun 30 2020 | n/a | n/a | -CA$669m |
| Mar 31 2020 | n/a | n/a | -CA$531m |
| Dec 31 2019 | CA$3m | CA$375k | -CA$28m |
Compensation vs Market: Terry's total compensation ($USD4.93M) is below average for companies of similar size in the Canadian market ($USD7.97M).
Compensation vs Earnings: Terry's compensation has been consistent with company performance over the past year.
CEO
Terry Anderson (55 yo)
6.3yrs
Tenure
CA$6,781,803
Compensation
Mr. Terry Michael Anderson, B.Sc., P. Eng., is Director of Canadian Association of Petroleum Producers. Mr. Anderson has been the Chief Executive Officer and President at ARC Resources Ltd. since February...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | CA$6.78m | 0.094% CA$ 16.9m | |
| Senior VP & CFO | 6.3yrs | CA$3.13m | 0.034% CA$ 6.1m | |
| Senior VP & COO | 4.3yrs | CA$3.28m | 0.019% CA$ 3.4m | |
| Senior Vice President of Marketing | 4.3yrs | CA$2.30m | 0.00029% CA$ 52.3k | |
| Senior Vice President of People & Corporate | 4.3yrs | CA$1.81m | 0.023% CA$ 4.1m | |
| Manager of Capital Markets | no data | no data | no data | |
| Corporate Secretary | 12.3yrs | no data | no data | |
| Manager of External Communications | no data | no data | no data |
5.3yrs
Average Tenure
55yo
Average Age
Experienced Management: ARX's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6yrs | CA$6.78m | 0.094% CA$ 16.9m | |
| Independent Director | 10.3yrs | CA$272.50k | 0.0016% CA$ 283.1k | |
| Independent Chairman of the Board | 17yrs | CA$445.00k | 0.030% CA$ 5.5m | |
| Independent Director | 2yrs | CA$255.00k | 0.0050% CA$ 909.0k | |
| Independent Director | 9.3yrs | CA$265.00k | 0.044% CA$ 8.0m | |
| Independent Director | 4.5yrs | CA$255.00k | 0.0022% CA$ 396.8k | |
| Independent Director | 5.5yrs | CA$262.50k | 0% CA$ 0 | |
| Independent Director | less than a year | no data | 0.011% CA$ 1.9m | |
| Independent Director | 9.5yrs | CA$272.50k | 0.0035% CA$ 636.6k | |
| Independent Director | 1yr | CA$172.62k | 0% CA$ 0 | |
| Independent Director | 7.3yrs | CA$280.00k | 0% CA$ 0 | |
| Independent Director | 2.3yrs | CA$255.00k | 0.00026% CA$ 46.9k |
5.8yrs
Average Tenure
66yo
Average Age
Experienced Board: ARX's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 04:33 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ARC Resources Ltd. is covered by 33 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Patrick O'Rourke | ATB Cormark |
| Grant Hofer | Barclays |