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 [...]
CALGARY, AB, Dec. 15, 2022 /CNW/ - ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.15 per share for January 16, 2023 to shareholders of record on December 30, 2022. At December 15, 2022, the trailing 12-month payments to shareholders total $0.44 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 [...]
ARC Resources Ltd. today reported its third quarter 2022 financial and operational results and announced its 2023 budget. HIGHLIGHTS Q3 2022 Results - ARC delivered quarterly production of 342,034 boe per day , cash flow from operating activities of $1,104 million, and generated funds from operations of $953 million . ARC generated free funds flow of $580 million based on $373 million invested into capital expenditures [...]
ARC Resources Ltd. announces a correction to the ex-dividend date for the dividend payment on October 17, 2022. The ex-dividend date will be September 28, 2022, rather than the previously announced date of September 29, 2022, due to the statutory holiday on September 30, 2022. All other dates and information relating to the dividend payment on October 17, 2022, previously communicated in ARC's September 15, 2022 press [...]
ARC Resources Ltd. confirms a quarterly dividend amount of $0.12 per share for October 17, 2022 to shareholders of record on September 30, 2022. The ex-dividend date is September 29, 2022. At September 15, 2022, the trailing 12-month payments to shareholders total $0.386 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies [...]
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 65,269,511 of its outstanding common shares , representing 10 per cent of its public float, over a 12-month period, commencing September 1, 2022. The NCIB continues to complement ARC's sustainable and growing dividend in the Company's [...]
ARC Resources Ltd. today reported its second quarter 2022 financial and operational results. HIGHLIGHTS Second quarter 2022 production averaged 336,112 boe per day . Cash flow from operating activities was $1,093 million and funds from operations was $1,030 million . Market diversification generated higher realized pricing than local benchmarks, enhancing strong commodity prices. ARC's average realized natural gas price [...]
ARC Resources Ltd. confirms a quarterly dividend amount of $0.12 per share for July 15, 2022 to shareholders of record on June 30, 2022. The ex-dividend date is June 29, 2022. At June 15, 2022, the trailing 12-month payments to shareholders total $0.326 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 [...]
CALGARY, AB, May 6, 2022 /CNW/ - ARC Resources Ltd. is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders held on May 6, 2022. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1. Resolution to appoint 11 board members, with 96.01 per cent to 99.80 per cent of shares represented at the Meeting voting in [...]