ARC Resources (AETUF) to Release Earnings on Thursday

ARC Resources (OTCMKTS:AETUF - Get Free Report) will likely be announcing its Q4 2024 earnings results after the market closes on Thursday, February 6th. Analysts expect ARC Resources to post earnings of $0.42 per share and revenue of $1.36 billion for the quarter.

ARC Resources (OTCMKTS:AETUF - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The energy company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.42 by $0.03. ARC Resources had a net margin of 24.40% and a return on equity of 14.61%. On average, analysts expect ARC Resources to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ARC Resources Stock Performance

AETUF stock traded up $0.87 on Friday, reaching $18.11. The company's stock had a trading volume of 19,384 shares, compared to its average volume of 43,198. ARC Resources has a 52 week low of $14.89 and a 52 week high of $19.64. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.93 and a quick ratio of 0.92. The company has a market capitalization of $10.69 billion, a P/E ratio of 13.22, a price-to-earnings-growth ratio of 0.79 and a beta of 1.08. The firm has a fifty day moving average of $17.96 and a two-hundred day moving average of $17.68.

ARC Resources Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were paid a $0.1335 dividend. This is a boost from ARC Resources's previous dividend of $0.13. The ex-dividend date was Tuesday, December 31st. This represents a dividend yield of 3.05%. ARC Resources's dividend payout ratio is presently 38.69%.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised shares of ARC Resources from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 7th.

ARC Resources Company Profile

ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.