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ARC Resources Q2 Earnings Miss Estimates Despite Higher Funds From Operations

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ARC Resources (ARX.TO) after the market close on Thursday reported second-quarter net income of C$0.62 per share, or C$352.7 million, down from C$0.68, or C$396.1 million, in the prior year period. It missed FactSet estimates of C$0.71 per share.

ARC generated funds from operations of C$816.3 million, or C$1.44 per share, compared to C$682.1 million, or C$1.17, in the same period last year. ARC also declared dividends of C$119 million (C$0.21 per share).

The company said it delivered second quarter 2026 average production of 390,465 barrels of oil equivalent per day (61 per cent natural gas and 39 per cent crude oil and liquids).

The company's shares closed up C$0.44 to C$32.98 on the Toronto stock Exchange.

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