ARC Resources Ltd

National Bank has slashed its price target for ARC Resources, a Canadian energy company, sending a wake-up call to investors who may have previously considered it a safe bet.

Arc Resources, a Canadian energy company, is navigating price volatility in the energy market with a relatively stable current price of $29.22 CAD.

Arc Resources’ stock price has been adjusted by National Bank, with investors and analysts now closely watching the company’s ability to meet or exceed market expectations.

Arc Resources’ stock price has been revised by National Bank, with a current price of 27.81 CAD, and valuation metrics showing a price-to-earnings ratio of 11.15 and price-to-book ratio of 1.81.

Arc Resources’ stock price has been revised by National Bank, with a current price of 26.81 CAD, following a 52-week high of 29.9 CAD and a low of 21.44 CAD.

ARC Resources is scheduled to release its quarterly earnings on February 6, 2025, with analysts expecting a decline in earnings per share and revenue compared to the previous year.