Arc Resources: Q3 Earnings Snapshot

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Arc Resources Ltd. (AETUF) on Thursday reported third-quarter net income of $176.2 million.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 29 cents.

The oil and natural gas company posted revenue of $1.05 billion in the period.

Arc Resources shares have climbed 24% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.71, an increase of 16% 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