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Closing Bell: Arc Resources Ltd up on Tuesday (ARX)

Automated Summaries - The Globe and Mail - Tue Jul 23, 4:02PM CDT

Arc Resources Ltd opened trading today at $23.60 and closed at $23.77. prices ranged from a low of $23.43 to a high of $23.83.

Shares raised 0.51% from the previous day's close of $23.65.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

Arc Resources Ltd traded under ARX on the Toronto Stock Exchange (TSX).

Trading volume was 1,618,992 on 7,763 total trades, while having an average volume of 1,826,616 over 5 days.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 unchanged.

During the prior 52 weeks, ARX.TO has traded as high as $26.17 (April 10,2024) and low as $19.02 (December 13,2023). Moreover, the shares have boosted 24.32% in 52 weeks, while in 2024, they have boosted 20.84%.

It announced a 0.17 dividend on June 17/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Arc Resources Ltd has a market capitalization of $14.14 billion on a float of 597,693 shares outstanding. Its annual EPS is $1.99.

Arc Resources Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Currently, Arc Resources Ltd's consensus rating is "Strong Buy" based on 11 analysts according to Zacks. Currently, there are 10 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..