Arc Resources: Q2 Earnings Snapshot – mySA

CALGARY, Alberta (AP) _ Arc Resources Ltd. (AETUF) on Thursday reported second-quarter net income of $597.8 million, after reporting a loss in the same period a year earlier.

The Calgary, Alberta-based company said it had net income of 89 cents per share.

The oil and natural gas company posted revenue of $1.85 billion in the period.

Arc Resources shares have risen 48% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.44, a climb of 78% 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

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