ARC Resources (TSX:ARX) Debt-to-Equity: 0.39 (As of Jun. 2026) — 30% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSX:ARX ARC Resources Ltd TSX:ARX
65 GF Score
Price C$33.81
GF Value C$32.24
Valuation Fairly Valued
! 8 Warning Signs
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What is ARC Resources Debt-to-Equity?

ARC Resources TSX:ARX -0.12% 65 Debt-to-Equity is 0.39 as of Jun. 2026, which is 30% above its 10-year median of 0.30. GuruFocus rates TSX:ARX with a GF Score™ of 65/100 and a GF Value™ of C$32.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 811 Oil & Gas companies, ARC Resources ranks better than 55.49% on this metric.

ARC Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$105 Mil. ARC Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$3,360 Mil. ARC Resources's Total Stockholders Equity for the quarter that ended in Jun. 2026 was C$8,848 Mil. ARC Resources's debt to equity for the quarter that ended in Jun. 2026 was 0.39.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ARC Resources's Debt-to-Equity or its related term are showing as below:

TSX:ARX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.3   Max: 0.56
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of ARC Resources was 0.56. The lowest was 0.24. And the median was 0.30.

TSX:ARX's Debt-to-Equity is ranked better than
55.49% of 811 companies
in the Oil & Gas industry
Industry Median: 0.45 vs TSX:ARX: 0.39

ARC Resources  (TSX:ARX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


ARC Resources Debt-to-Equity Related Terms


ARC Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ARC Resources's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ARC Resources Debt-to-Equity Chart

ARC Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.27 0.30 0.30 0.47

ARC Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.47 0.47 0.44 0.39

TSX:ARX vs COP, EOG, FANG: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, ARC Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ARC Resources Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ARC Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ARC Resources's Debt-to-Equity falls into.


TSX:ARX
65GF Score
ARC Resources Ltd TSX:ARX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ARC Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ARC Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

ARC Resources's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.39 mean?
ARC Resources (TSX:ARX) has a Debt-to-Equity of 0.39 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ARC Resources and its competitors. This is 30% above median its historical median of 0.30. Over the past decade, ARC Resources' Debt-to-Equity has ranged from 0.24 to 0.56. According to the industry distribution chart, ARC Resources ranks #361 out of 811 companies in the Oil & Gas industry, placing it in the top 44.5%.
Is ARC Resources' Debt-to-Equity too high?
ARC Resources' current Debt-to-Equity of 0.39 is 30% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.56. The Oil & Gas industry median Debt-to-Equity is 0.45. ARC Resources' value of 0.39 is 13.3% below this industry median. Based on the distribution chart, ARC Resources ranks #361 out of 811 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ARC Resources has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ARC Resources' Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, ARC Resources ranks #361 out of 811 companies for Debt-to-Equity. This puts ARC Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.45. ARC Resources' value of 0.39 is 13.3% below this benchmark. Historically, ARC Resources' own Debt-to-Equity has ranged from 0.24 to 0.56 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.45, ARC Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 811 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ARC Resources's current Debt-to-Equity of 0.39 is 13.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ARC Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ARC Resources's current Debt-to-Equity is 0.39, which is 30% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARC Resources stock overvalued right now?
Based on GuruFocus' analysis, ARC Resources (TSX:ARX) is currently considered Fairly Valued. The stock's GF Value™ is C$32.24, compared to a current price of C$33.81 — trading 4.9% above its estimated fair value. The current Debt-to-Equity is 0.39, which is 30% above median its 10-year median of 0.30 and 13.3% below the Oil & Gas industry median of 0.45. ARC Resources' overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For ARC Resources (TSX:ARX), the current Debt-to-Equity is 0.39 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ARC Resources (TSX:ARX) Overvalued in 2026?

Based on GuruFocus' analysis, ARC Resources stock appears to be overvalued. The current stock price of C$33.81 is trading 4.9% above its estimated GF Value™ of C$32.24. GuruFocus considers ARC Resources to be Fairly Valued.

Key valuation signals for TSX:ARX:

  • Debt-to-Equity: 0.39 (30% above median its 10-year median of 0.30)
  • GF Value™: C$32.24 vs. price of C$33.81 (4.9% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 13.3% below the Oil & Gas median (#361 of 811)

No single metric tells the full story. See the TSX:ARX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ARC Resources Business Description

Industry EnergyOil & Gas
Address 308 - 4th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 0H7
Arc Resources is a natural gas and condensate-focused producer in the Western Canada Sedimentary Basin. Its most valuable product by revenue, condensate, is a necessary feedstock for the oil industry. Natural gas is the largest product by volume, and the firm actively markets it through pipeline and liquefied natural gas agreements, seeking to limit in-basin pricing. It also operates its own processing assets. In 2024, production was 348 thousand barrels of oil equivalent per day.
65GF Score

Get the complete analysis for TSX:ARX

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$33.81
Price
C$32.24
GF Value