ARC Resources Ltd. (OTCMKTS:AETUF) Given Consensus Rating of "Buy" by Analysts

ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report) has earned a consensus rating of "Buy" from the four research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company.

AETUF has been the topic of several research analyst reports. National Bankshares reissued an "outperform" rating on shares of ARC Resources in a research note on Friday, May 16th. Desjardins restated a "buy" rating on shares of ARC Resources in a research note on Monday, May 5th. Wall Street Zen upgraded ARC Resources from a "buy" rating to a "strong-buy" rating in a report on Saturday. Royal Bank of Canada reissued an "outperform" rating on shares of ARC Resources in a research note on Friday, May 16th. Finally, Raymond James raised ARC Resources to a "moderate buy" rating in a research report on Monday, April 7th.

ARC Resources Trading Up 1.6%

Shares of ARC Resources stock traded up $0.34 on Friday, hitting $22.41. 4,792 shares of the company's stock traded hands, compared to its average volume of 33,791. The company has a fifty day moving average of $19.98 and a two-hundred day moving average of $18.91. ARC Resources has a one year low of $14.89 and a one year high of $22.61. The company has a market capitalization of $13.10 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 0.89 and a beta of 0.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.14 and a quick ratio of 1.12.

ARC Resources (OTCMKTS:AETUF - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The energy company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.36 billion. ARC Resources had a return on equity of 14.48% and a net margin of 24.40%. As a group, sell-side analysts expect that ARC Resources will post 2.23 earnings per share for the current year.

ARC Resources Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.39%. This is a positive change from ARC Resources's previous quarterly dividend of $0.05. ARC Resources's dividend payout ratio is currently 32.10%.

About ARC Resources

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.