Separately, Tudor Pickering downgraded shares of ARC Resources to a hold rating in a research report on Tuesday, January 7th.
Shares of AETUF stock opened at $5.97 on Friday. The firm has a fifty day moving average of $5.79 and a 200-day moving average of $4.95. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.21. ARC Resources has a 12-month low of $4.05 and a 12-month high of $7.88. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 22.73 and a beta of 1.14.
ARC Resources (OTCMKTS:AETUF) last issued its quarterly earnings data on Thursday, November 7th. The energy company reported ($0.04) earnings per share (EPS) for the quarter. ARC Resources had a return on equity of 3.27% and a net margin of 9.84%. The company had revenue of $209.67 million for the quarter.
About ARC Resources
ARC Resources Ltd., together with its subsidiaries, acquires, develops, and holds interest in petroleum and natural gas properties and assets in Canada. The company holds interests in the Montney properties located in northeast British Columbia and northern Alberta; and Cardium properties in the Pembina area of Alberta.
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