ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as $20.01 and last traded at $19.76, with a volume of 618258 shares. The stock had previously closed at $19.51.
ARC Resources Stock Down 0.0 %
The company has a quick ratio of 1.12, a current ratio of 1.14 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $11.81 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 0.89 and a beta of 1.00. The business has a 50-day moving average price of $18.42 and a 200-day moving average price of $17.91.
ARC Resources (OTCMKTS:AETUF - Get Free Report) last issued its earnings results on Thursday, February 6th. The energy company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. ARC Resources had a return on equity of 14.48% and a net margin of 24.40%. Equities research analysts forecast that ARC Resources Ltd. will post 2.23 earnings per share for the current fiscal year.
ARC Resources Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.19 per share. This is a boost from ARC Resources's previous quarterly dividend of $0.05. This represents a $0.76 annualized dividend and a yield of 3.80%. ARC Resources's dividend payout ratio (DPR) is presently 37.96%.
About ARC Resources
(
Get Free Report)
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.
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