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ARC ResourcesARXCY 58 Piotroski F-Score is 5 as of Aug. 03, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates ARXCY with a GF Score™ of 58/100 and a GF Value™ of $23.22 (Fairly Valued). The stock has 8 warning signs investors should review. Among 976 Oil & Gas companies, ARC Resources ranks better than 60.96% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ARC Resources has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for ARC Resources's Piotroski F-Score or its related term are showing as below:
ARXCY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of ARC Resources was 9. The lowest was 3. And the median was 6.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
ARC Resources Piotroski F-Score Related Terms
ARC Resources Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for ARC Resources's Piotroski F-Score 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.
ARXCY vs COP, EOG, FANG: Piotroski F-Score Comparison
For the Oil & Gas E&P subindustry, ARC Resources's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ARC Resources's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where ARC Resources's Piotroski F-Score falls into.
* 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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 154.98 + 188.402 + 425.875 + 251.318 = $1,021 Mil. Cash Flow from Operations was 515.614 + 484.306 + 765.889 + 621.348 = $2,387 Mil. Revenue was 1098.453 + 1276.622 + 1542.638 + 1718.327 = $5,636 Mil. Gross Profit was 528.842 + 641.682 + 811.297 + 774.12 = $2,756 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(10373.061 + 10973.905 + 11098.441 + 11532.434 + 11342.668) / 5 = $11064.1018 Mil. Total Assets at the begining of this year (Jun25) was $10,373 Mil. Long-Term Debt & Capital Lease Obligation was $2,394 Mil. Total Current Assets was $849 Mil. Total Current Liabilities was $966 Mil.
Net Income was 242.802 + 259.914 + 281.903 + 289.801 = $1,074 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
ARC Resources's current Net Income (TTM) was 1,021.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
ARC Resources's return on assets of this year was 0.09838706. ARC Resources's return on assets of last year was 0.11692574.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
ARC Resources's gearing of this year was 0.2163665. ARC Resources's gearing of last year was 0.18601338.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
ARC Resources's current ratio of this year was 0.87857734. ARC Resources's current ratio of last year was 1.20578074.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
ARC Resources's number of shares in issue this year was 566.426. ARC Resources's number of shares in issue last year was 585.047.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
ARC Resources's gross margin of this year was 0.48898535. ARC Resources's gross margin of last year was 0.50960549.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
ARC Resources's asset turnover of this year was 0.54333432. ARC Resources's asset turnover of last year was 0.4856286.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ARC Resources has an F-score of 5 indicating the company's financial situation is typical for a stable company.
ARC Resources (ARXCY) has a Piotroski F-Score of 5 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ARC Resources and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, ARC Resources' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, ARC Resources ranks #381 out of 976 companies in the Oil & Gas industry, placing it in the top 39%.
Is ARC Resources' Piotroski F-Score too high?
ARC Resources' current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Oil & Gas industry median Piotroski F-Score is 5.00. ARC Resources' value of 5 is 0% at this industry median. Based on the distribution chart, ARC Resources ranks #381 out of 976 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ARC Resources has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ARC Resources' Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, ARC Resources ranks #381 out of 976 companies for Piotroski F-Score. This puts ARC Resources in the upper half of its industry. The industry median Piotroski F-Score is 5.00. ARC Resources' value of 5 is 0% at this benchmark. Historically, ARC Resources' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, ARC Resources has consistently been at 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 Piotroski F-Score for an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 976 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ARC Resources's current Piotroski F-Score of 5 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ARC Resources and its competitors. For the Oil & Gas industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ARC Resources's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. 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 (ARXCY) is currently considered Fairly Valued. The stock's GF Value™ is $23.22, compared to a current price of $22.91 — trading 1.3% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Oil & Gas industry median of 5.00. ARC Resources' overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For ARC Resources (ARXCY), the current Piotroski F-Score is 5 as of Aug. 03, 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 (ARXCY) Overvalued in 2026?
Based on GuruFocus' analysis, ARC Resources stock appears to be undervalued.
The current stock price of $22.91 is trading 1.3% below its estimated GF Value™ of $23.22.
GuruFocus considers ARC Resources to be Fairly Valued.
Key valuation signals for ARXCY:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: $23.22 vs. price of $22.91 (1.3% below fair value)
Industry Position: 0% at the Oil & Gas median (#381 of 976)
No single metric tells the full story. See the ARXCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
58GF Score
Get the complete analysis for ARXCY
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