Arc Resources Ltd. (AETUF) – What Are Analysts Saying About This Stock?

Arc Resources Ltd. (OTCMKTS:AETUF – Get Free Report) has been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating on the company.

AETUF has been the subject of a number of research analyst reports. Zacks Research raised shares of Arc Resources from a “strong sell” rating to a “hold” rating in a research report on Friday, August 21st. Royal Bank Of Canada restated an “outperform” rating on shares of Arc Resources in a report on Wednesday, July 15th.

Get Our Latest Research Report on Arc Resources

Arc Resources Stock Performance

AETUF stock opened at $24.54 on Tuesday. The company has a market cap of $13.90 billion, a price-to-earnings ratio of 13.71 and a beta of 0.27. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.28. The business has a fifty day simple moving average of $24.46 and a 200-day simple moving average of $21.61. Arc Resources has a 52 week low of $15.50 and a 52 week high of $24.80.

Arc Resources (OTCMKTS:AETUF – Get Free Report) last issued its earnings results on Thursday, July 30th. The energy company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.03). The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Arc Resources had a return on equity of 16.67% and a net margin of 19.75%. On average, equities research analysts expect that Arc Resources will post 1.68 EPS for the current year.

Arc Resources Company Profile

(Get Free Report)

ARC Resources Ltd. is a Canadian energy company engaged in the development, production, processing and marketing of crude oil, condensate, natural gas and natural gas liquids. The company’s operations are focused primarily on the Montney resource play in northeastern British Columbia and northwestern Alberta, where it holds extensive unconventional oil and natural gas assets.

ARC Resources serves energy markets in Canada and abroad through its production, infrastructure and marketing activities.

See Also

Analyst Recommendations for Arc Resources (OTCMKTS:AETUF)

Receive News & Ratings for Arc Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arc Resources and related companies with MarketBeat.com's FREE daily email newsletter.