ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $17.29 and traded as low as $16.58. ARC Resources shares last traded at $16.58, with a volume of 20,674 shares trading hands.
ARC Resources Stock Performance
The company has a debt-to-equity ratio of 0.18, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $9.82 billion, a P/E ratio of 11.59 and a beta of 1.14. The company has a fifty day moving average of $17.29 and a two-hundred day moving average of $17.75.
ARC Resources (OTCMKTS:AETUF - Get Free Report) last issued its earnings results on Thursday, August 1st. The energy company reported $0.29 EPS for the quarter. ARC Resources had a return on equity of 15.68% and a net margin of 22.19%. The company had revenue of $842.85 million during the quarter. On average, equities analysts anticipate that ARC Resources Ltd. will post 1.22 EPS for the current year.
ARC Resources Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.1251 dividend. This is an increase from ARC Resources's previous dividend of $0.12. This represents a yield of 2.96%. The ex-dividend date of this dividend was Friday, September 27th. ARC Resources's payout ratio is presently 34.97%.
ARC Resources Company Profile
(
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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