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Arc Resources: Q2 Earnings Snapshot
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CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Arc Resources Ltd. (AETUF) on Thursday reported second-quarter profit of $254.8 million.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 45 cents.

The oil and natural gas company posted revenue of $1.57 billion in the period. Its adjusted revenue was $1.05 billion.

Arc Resources shares have risen 25% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $23.60, an increase of 18% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AETUF at https://www.zacks.com/ap/AETUF

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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