ARC Resources (STU:8RC) Scaled Net Operating Assets: 0.82 (As of Mar. 2026)


STU:8RC ARC Resources Ltd STU:8RC
67 GF Score
Price €18.41
GF Value €18.18
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is ARC Resources Scaled Net Operating Assets?

ARC Resources STU:8RC +2.05% 67 Scaled Net Operating Assets is 0.82 as of Mar. 2026. GuruFocus rates STU:8RC with a GF Score™ of 67/100 and a GF Value™ of €18.18 (Fairly Valued). The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ARC Resources's operating assets for the quarter that ended in Mar. 2026 was €9,973 Mil. ARC Resources's operating liabilities for the quarter that ended in Mar. 2026 was €2,179 Mil. ARC Resources's Total Assets for the quarter that ended in Dec. 2025 was €9,478 Mil. Therefore, ARC Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.82.


ARC Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ARC Resources's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

ARC Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 0.74 0.82 0.82 0.86

ARC Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.74 0.78 0.83 0.81 0.82

STU:8RC vs COP, EOG, FANG: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, ARC Resources's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ARC Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ARC Resources's Scaled Net Operating Assets falls into.


STU:8RC
67GF Score
ARC Resources Ltd STU:8RC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ARC Resources Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ARC Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(9473.736-1940.15)/8780.946
=0.86

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9478.069 - 4.333
=9473.736

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4362.117 - 2073.991 - 347.976
=1940.15

ARC Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(9972.971-2179.145)/9478.069
=0.82

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9975.556 - 2.585
=9972.971

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4546.672 - 2298.302 - 69.225
=2179.145

* 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.

What does a Scaled Net Operating Assets of 0.82 mean?
ARC Resources (STU:8RC) has a Scaled Net Operating Assets of 0.82 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ARC Resources and its competitors.
Is ARC Resources' Scaled Net Operating Assets too high?
ARC Resources' current Scaled Net Operating Assets is 0.82. Overall, ARC Resources has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ARC Resources' Scaled Net Operating Assets compare to COP and EOG?
ARC Resources' Scaled Net Operating Assets of 0.82 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ARC Resources and its competitors. ARC Resources's current Scaled Net Operating Assets is 0.82. 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 (STU:8RC) is currently considered Fairly Valued. The stock's GF Value™ is €18.18, compared to a current price of €18.41 — trading 1.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.82. ARC Resources' overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For ARC Resources (STU:8RC), the current Scaled Net Operating Assets is 0.82 as of Mar. 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 (STU:8RC) Overvalued in 2026?

Based on GuruFocus' analysis, ARC Resources stock appears to be overvalued. The current stock price of €18.41 is trading 1.3% above its estimated GF Value™ of €18.18. GuruFocus considers ARC Resources to be Fairly Valued.

Key valuation signals for STU:8RC:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: €18.18 vs. price of €18.41 (1.3% above fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the STU:8RC 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.
67GF Score

Get the complete analysis for STU:8RC

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.41
Price
€18.18
GF Value