Shares of Arc Resources Ltd. (OTCMKTS:AETUF – Get Free Report) have received an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating on the company.
Several analysts have commented on AETUF shares. Royal Bank Of Canada restated an “outperform” rating on shares of Arc Resources in a report on Wednesday, July 15th. Zacks Research raised shares of Arc Resources from a “strong sell” rating to a “hold” rating in a research note on Friday, August 21st.
Get Our Latest Analysis on AETUF
Arc Resources Price Performance
AETUF stock opened at $24.54 on Tuesday. The stock has a market capitalization of $13.90 billion, a P/E ratio of 13.71 and a beta of 0.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.86 and a current ratio of 0.88. Arc Resources has a one year low of $15.50 and a one year high of $24.80. The company has a 50 day moving average price of $24.46 and a two-hundred day moving average price of $21.61.
Arc Resources (OTCMKTS:AETUF – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The energy company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.03). Arc Resources had a return on equity of 16.67% and a net margin of 19.75%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.18 billion. As a group, sell-side analysts expect that Arc Resources will post 1.68 EPS for the current year.
About Arc Resources
ARC Resources Ltd. is a Canadian energy company engaged in the development, production, processing and marketing of crude oil, condensate, natural gas and natural gas liquids. The company’s operations are focused primarily on the Montney resource play in northeastern British Columbia and northwestern Alberta, where it holds extensive unconventional oil and natural gas assets.
ARC Resources serves energy markets in Canada and abroad through its production, infrastructure and marketing activities.
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