ARC Resources Ltd. today reported its first quarter 2024 financial and operational results. HIGHLIGHTS ARC delivered first quarter 2024 production of 352,328 boe per day ). Production increased four per cent year-over-year, and eight per cent on a per share basis. ARC generated funds from operations of $607 million ) and recognized cash flow from operating activities of $636 million . Market diversification contributed [...]
Agreements support the development of Canada's first Indigenous majority-owned LNG facility and the delivery of low-emissions energy to global markets ARC Resources Ltd. , today announced it has entered into a long-term liquefaction tolling services agreement and other ancillary agreements with Cedar LNG Partners LP , a partnership between the Haisla Nation and Pembina Pipeline Corporation advancing the Cedar LNG Project [...]
ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.17 per share for April 15, 2024 to shareholders of record on March 28, 2024. At March 15, 2024, the trailing 12-month payments to shareholders total $0.66 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 2023 financial and operational results as well as its year-end 2023 reserves. HIGHLIGHTS Fourth Quarter 2023 Results Fourth quarter production averaged 365,248 boe per day , the highest in ARC's 28-year history. Production per share increased six per cent compared to the fourth quarter of 2022. ARC recognized both funds from operations and cash flow from [...]
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 Ltd. 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 [...]
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 [...]