CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Arc Resources Ltd. (AETUF) on Thursday reported first-quarter profit of $281.9 million.
On a per-share basis, the Calgary, Alberta-based company said it had profit of 48 cents.
The oil and natural gas company posted revenue of $924.6 million in the period.
Arc Resources shares have increased slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.17, a climb of 2% in the last 12 months.
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