ARC Resources is pleased to report its fourth quarter 2016 operating and financial results. Fourth quarter production averaged 117,611 boe per day, net income was $167.0 million (net income of $0.47 per share), and funds from operations totaled $188.5 million. ARC's consolidated financial statements and notes ("financial statements"), as well as ARC's Management's Discussion and Analysis ("MD&A") for the years ended [...]
CALGARY, Jan. 16, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on February 15, 2017 to shareholders of record on January 31, 2017. The ex-dividend date is January 27, 2017. As at January 16, 2017 the trailing 12-month payments to investors, including the January 16, 2017 payment, total $0.65 per share. ARC offers a Dividend Reinvestment Plan [...]
CALGARY, Dec. 16, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on January 16, 2017 to shareholders of record on December 30, 2016. The ex-dividend date is December 28, 2016. As at December 16, 2016 the trailing 12-month payments to investors, including the December 15, 2016 payment, total $0.70 per share. ARC offers a Dividend Reinvestment Plan [...]
CALGARY, Dec. 8, 2016 /CNW/ - (ARX – TSX) ARC Resources Ltd. is pleased to announce that it has successfully closed the previously-announced sale of its Saskatchewan assets and operations to Spartan Energy Corp. (SPE – TSX), for total cash consideration of $700 million, subject to customary post-closing adjustments. The effective date of the transaction is October 1, 2016. The sale includes approximately 7,500 barrels of [...]
CALGARY, Nov. 17, 2016 /CNW/ - (ARX – TSX) ARC Resources Ltd. ("ARC") announced today that it has reached an agreement to sell all of its Saskatchewan assets and operations, which produce approximately 7,500 barrels of oil equivalent ("boe"), to Spartan Energy Corp. (SPE – TSX) for a total cash consideration of $700 million. "Our talented field and technical teams were instrumental in creating significant value for our [...]
CALGARY, Nov. 16, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on December 15, 2016 to shareholders of record on November 30, 2016. The ex-dividend date is November 28, 2016. As at November 16, 2016 the trailing 12-month payments to investors, including the November 15, 2016 payment, total $0.75 per share. ARC offers a Dividend Reinvestment Plan [...]
CALGARY, Nov. 10, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") announced today that its Board of Directors has approved a $665 million capital program for 2017 that focuses on long-term value creation, balance sheet strength, sustainable dividend payments, and the continued development of ARC's low-cost Montney crude oil, liquids-rich, and natural gas assets. ARC's 2017 budget sustains production, funds the [...]
CALGARY, Nov. 10, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its third quarter 2016 operating and financial results. Third quarter production averaged 115,205 boe per day and funds from operations totaled $153.0 million ($0.44 per share). ARC's unaudited condensed interim consolidated financial statements and notes ("financial statements"), as well as ARC's Management's Discussion and [...]
CALGARY, Oct. 17, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on November 15, 2016 to shareholders of record on October 31, 2016. The ex-dividend date is October 27, 2016. As at October 17, 2016 the trailing 12-month payments to investors, including the October 17, 2016 payment, total $0.80 per share. ARC offers a Dividend Reinvestment Plan [...]
CALGARY, Sept. 16, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on October 17, 2016 to shareholders of record on September 30, 2016. The ex-dividend date is September 28, 2016. As at September 16, 2016 the trailing 12-month payments to investors, including the September 15, 2016 payment, total $0.85 per share. ARC offers a Dividend Reinvestment Plan [...]
CALGARY, Aug. 16, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on September 15, 2016 to shareholders of record on August 31, 2016. The ex-dividend date is August 29, 2016. As at August 16, 2016 the trailing 12-month payments to investors, including the August 15, 2016 payment, total $0.90 per share. ARC offers a Dividend Reinvestment Plan ("DRIP [...]
CALGARY, July 28, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its second quarter 2016 operating and financial results. Second quarter production averaged 117,695 boe per day and funds from operations were $141.7 million ($0.40 per share). ARC's unaudited Condensed Interim Consolidated Financial Statements and Notes ("financial statements"), as well as ARC's Management's Discussion and Analysis [...]
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