ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $20.40 and last traded at $20.40, with a volume of 33122 shares trading hands. The stock had previously closed at $20.08.
ARC Resources Trading Down 9.3 %
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 $10.68 billion, a price-to-earnings ratio of 13.22, a P/E/G ratio of 0.89 and a beta of 0.70. The business has a 50-day moving average of $18.58 and a two-hundred day moving average of $18.05.
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 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 14.48%. Research analysts predict that ARC Resources Ltd. will post 2.23 EPS for the current fiscal year.
ARC Resources Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.19 dividend. This is a boost from ARC Resources's previous quarterly dividend of $0.05. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.20%. ARC Resources's dividend payout ratio is presently 37.96%.
ARC Resources Company Profile
(
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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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