ARC Resources Ltd. (OTCMKTS:AETUF) Short Interest Update

ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 3,823,900 shares, a decrease of 8.0% from the January 15th total of 4,156,800 shares. Based on an average daily volume of 57,000 shares, the days-to-cover ratio is currently 67.1 days.

Analyst Upgrades and Downgrades

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

ARC Resources Trading Up 2.2 %

OTCMKTS:AETUF traded up $0.41 on Thursday, reaching $19.40. The stock had a trading volume of 14,178 shares, compared to its average volume of 35,448. ARC Resources has a 12-month low of $14.89 and a 12-month high of $19.64. The company has a market cap of $11.45 billion, a price-to-earnings ratio of 14.16, a P/E/G ratio of 0.88 and a beta of 1.08. The firm's fifty day moving average is $18.13 and its two-hundred day moving average is $17.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.14 and a quick ratio of 1.12.

ARC Resources (OTCMKTS:AETUF - Get Free Report) last announced its earnings results on Thursday, February 6th. The energy company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.03. ARC Resources had a net margin of 24.40% and a return on equity of 14.48%. Equities analysts expect that ARC Resources will post 2.23 EPS for the current fiscal year.

ARC Resources Increases Dividend

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

About ARC Resources

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.