ARC Resources Ltd. (AETUF)

Market Cap	11.31B
Revenue (ttm)	4.66B
Net Income (ttm)	1.17B
Shares Out	597.69M
EPS (ttm)	1.92
PE Ratio	9.85
Forward PE	8.63
Dividend	$0.50 (2.65%)
Ex-Dividend Date	Mar 27, 2024

Volume	11,470
Open	18.33
Previous Close	18.42
Day's Range	18.33 - 18.94
52-Week Range	11.38 - 19.16
Beta	1.33
Analysts	Buy
Price Target	25.00 (+32.14%)
Earnings Date	Feb 10, 2023

About AETUF

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.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• IPO Date: May 17, 1999
• Employees: 622
• Stock Exchange: OTCMKTS
• Ticker Symbol: AETUF

Financial Performance

In 2023, ARC Resources's revenue was 6.36 billion, a decrease of -35.41% compared to the previous year's 9.85 billion. Earnings were 1.60 billion, a decrease of -30.66%.

Financial numbers in CAD

Analyst Forecast

According to one analyst, the rating for AETUF stock is "Buy" and the 12-month stock price forecast is $25.0.

Price Target

$25.0

(32.14% upside)

Analyst Consensus: Buy