ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.17 per share for January 15, 2024 to shareholders of record on December 29, 2023. At December 15, 2023, the trailing 12-month payments to shareholders total $0.64 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations and leading ESG [...]
Agreement broadens the Company's market diversification with access to Europe and TTF-linked pricing ARC Resources Ltd., through its subsidiary ARC Resources U.S. Corp. , today announced it has entered into a long-term natural gas supply agreement with Sabine Pass Liquefaction Stage V, LLC, a subsidiary of Cheniere Energy, Inc. . Under the agreement, ARC will supply 140,000 million British thermal units per day of natural [...]
ARC Resources Ltd. today reported its third quarter 2023 financial and operational results and announced its 2024 budget. HIGHLIGHTS Third Quarter Results ARC delivered quarterly production of 360,177 boe per day ). Production increased five per cent compared to the third quarter of 2022, and 13 per cent on a per share basis. ARC generated free funds flow of $261 million ), out of funds from operations of $662 million [...]
ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.17 per share for October 16, 2023 to shareholders of record on September 29, 2023. At September 15, 2023, the trailing 12-month payments to shareholders total $0.59 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations and leading [...]
ARC Resources announced today that the Toronto Stock Exchange has accepted the notice filed by ARC to commence a normal course issuer bid. The NCIB allows ARC to purchase up to 60,744,912 of its outstanding common shares, representing 10 per cent of its public float, over a 12-month period, commencing September 1, 2023. The NCIB complements ARC's sustainable and growing dividend in the Company's strategy to return capital [...]
ARC Resources Ltd. today reported its second quarter 2023 financial and operational results. HIGHLIGHTS ARC delivered second quarter 2023 production of 343,630 boe per day ). Production increased two per cent year-over-year, and 13 per cent on a per share basis. Second quarter production was impacted by approximately 4,100 boe per day related to the wildfires in Alberta. Production was fully restored in the quarter, with [...]
ARC Resources Ltd. will host an Investor Update on June 22, 2023, in Toronto, Ontario, Canada. The event will include presentations from members of ARC's senior leadership team. The event will begin at 1:00 pm and is expected to conclude at 3:30 pm . In-person attendance is by invitation only. For information or other inquiries please contact Investor Relations. A live broadcast and replay of the event will also be [...]
ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.17 per share for July 17, 2023 to shareholders of record on June 30, 2023. At June 15, 2023, the trailing 12-month payments to shareholders total $0.54 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations and leading ESG [...]
ARC Resources Ltd. is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders held on May 5, 2023. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1. Resolution to appoint 10 board members, with 91.12 per cent to 99.34 per cent of shares represented at the Meeting voting in favour of individual directors as [...]
ARC Resources Ltd. today reported its first quarter 2023 financial and operational results, announced the sanctioning of Attachie Phase I, provided revisions to its 2023 guidance, and increased the dividend. HIGHLIGHTS Attachie Phase I Sanction and Revised Guidance The Board has approved the sanction of Attachie Phase I. The capital costs to construct and fill the facility are approximately $740 million. Attachie Phase I [...]
ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.15 per share for April 17, 2023 to shareholders of record on March 31, 2023. At March 15, 2023, the trailing 12-month payments to shareholders total $0.49 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations and leading ESG [...]
ARC Resources Ltd. today reported its fourth quarter and year-end 2022 financial and operational results as well as its year-end 2022 reserves. ARC generated record production and funds from operations per share in the fourth quarter of 2022. In 2022, annual average production, net income, funds from operations, and free funds flow were the highest of any year in ARC's 26-year history. HIGHLIGHTS Fourth Quarter 2022 [...]