Arc Resources: Q1 Earnings Snapshot

May 5, 2022 GMT

CALGARY, Alberta (AP) _ Arc Resources Ltd. (AETUF) on Thursday reported a first-quarter loss of $54.8 million, after reporting a profit in the same period a year earlier.

The Calgary, Alberta-based company said it had a loss of 8 cents per share.

The oil and natural gas company posted revenue of $1.58 billion in the period.

Arc Resources shares have climbed 61% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.67, more than doubling in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AETUF at