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

Today, Arc Resources Ltd stock opened at $23.21 and closed at $23.46. It traded at a low of $22.95 to a high of $23.46.

The price advanced 1.21% from the previous day's close of $23.18.

Today across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

Arc Resources Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker ARX.

Trading volume was 795,227 on 4,828 total trades. On average, Arc Resources Ltd has traded 1,900,299 shares in the last five days and 1,977,766 year-to-date.

Trading across the entire TSX saw 3,857 price advancers against 1,325 declines and 128 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 19.57 percent in the last year, while they have boosted 19.27% since the start of 2024.

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 $13.85 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 has an average recommendation of "Strong Buy" based on 11.00 analysts according to Zacks. From those 11 analysts, 10 have buy ratings and 1 analysts gave hold ratings.

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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..