CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Arc Resources Ltd. (AETUF) on Wednesday reported second-quarter net income of $207.6 million.
On a per-share basis, the Calgary, Alberta-based company said it had profit of 34 cents.
The oil and natural gas company posted revenue of $899.8 million in the period.
Arc Resources shares have risen nearly 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.76, a climb of slightly more than 5% in the last 12 months.
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, source Associated Press News