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Arc Resources: 1Q Earnings Snapshot

CALGARY, Alberta (AP) _ Arc Resources Ltd. (AETUF) on Tuesday reported a first-quarter loss of $41.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 11 cents.

The oil and natural gas company posted revenue of $247.7 million in the period.

Arc Resources shares have risen 7% since the beginning of the year. The stock has declined 43% in the last 12 months.


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