August 14th, 2020

Arc Resources: 2Q Earnings Snapshot


By The Associated Press on July 31, 2020.

CALGARY, Alberta (AP) _ Arc Resources Ltd. (AETUF) on Thursday reported a second-quarter loss of $31.4 million, after reporting a profit in the same period a year earlier.

The Calgary, Alberta-based company said it had a loss of 9 cents per share.

The oil and natural gas company posted revenue of $157.2 million in the period.

The company’s shares closed at $4.18. A year ago, they were trading at $4.83.

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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

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