ARC Resources Ltd. (OTCMKTS:AETUF – Get Free Report) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 7,559,800 shares, a decrease of 8.8% from the September 15th total of 8,293,700 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is currently 307.3 days.
ARC Resources Stock Down 4.7 %
OTCMKTS:AETUF opened at $17.26 on Wednesday. ARC Resources has a twelve month low of $14.05 and a twelve month high of $19.28. The company has a market cap of $10.31 billion, a price-to-earnings ratio of 11.66 and a beta of 1.12. The stock has a fifty day simple moving average of $17.64 and a 200-day simple moving average of $17.90. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.18.
ARC Resources (OTCMKTS:AETUF – Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The energy company reported $0.29 EPS for the quarter. ARC Resources had a net margin of 22.19% and a return on equity of 15.68%. The business had revenue of $842.85 million during the quarter. Analysts anticipate that ARC Resources will post 1.27 EPS for the current year.
ARC Resources Increases Dividend
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.
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