ARC Resources Ltd. today reported its first quarter 2022 financial and operational results and provided revisions to its 2022 guidance. HIGHLIGHTS ARC delivered first quarter 2022 production of 344,447 boe per day . Cash flow from operating activities was $759 million and funds from operations was $744 million , driven by strong average realized prices across the Company's assets. ARC's average realized natural gas price [...]
ARC Resources Ltd. today reported its first quarter 2022 financial and operational results and provided revisions to its 2022 guidance. HIGHLIGHTS ARC delivered first quarter 2022 production of 344,447 boe per day . Cash flow from operating activities was $759 million and funds from operations was $744 million , driven by strong average realized prices across the Company's assets. ARC's average realized natural gas price [...]
CALGARY, AB, March 15, 2022 /CNW/ - ARC Resources Ltd. confirms a quarterly dividend amount of $0.10 per share for April 18, 2022 to shareholders of record on March 31, 2022. The ex-dividend date is March 30, 2022. At March 15, 2022, the trailing 12-month payments to shareholders total $0.286 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying [...]
ARC Resources Ltd. today reported its fourth quarter and year-end 2021 financial and operational results as well as its year-end 2021 reserves. 2021 was a transformative year for ARC, marked by the acquisition of Seven Generations Energy Ltd. , which closed on April 6, 2021 . Coupled with its solid financial position, ARC delivered a record-low operating expense and the highest free funds flow per share in its 25-year [...]
ARC Resources Ltd. confirms a quarterly dividend amount of $0.10 per share for January 17, 2022 to shareholders of record on December 31, 2021, representing a 52 per cent increase from ARC's previous quarterly dividend of $0.066 per share. The ex-dividend date is December 30, 2021. At December 15, 2021, the trailing 12-month payments to shareholders total $0.246 per share. About ARC ARC Resources Ltd. is the largest [...]
ARC Resources Ltd. today reported its third quarter 2021 financial and operational results and announced its 2022 budget. HIGHLIGHTS Q3 2021 Results - ARC delivered record quarterly production and free funds flow per share, exceeding consensus expectations. Average production of 353,657 boe per day generated funds from operations of $765 million and free funds flow of $497 million . Free funds flow was used to reduce net [...]
ARC Resources Ltd. confirms a quarterly dividend amount of $0.066 per share for October 15, 2021 to shareholders of record on September 30, 2021, representing a 10 per cent increase from ARC's previous quarterly dividend of $0.06 per share. The ex-dividend date is September 28, 2021. At September 15, 2021, the trailing 12-month payments to shareholders total $0.24 per share. About ARC ARC Resources Ltd. is the largest [...]
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 72,236,753 of its outstanding common shares , representing 10 per cent of the Company's public float, over a 12-month period commencing September 1, 2021. The NCIB will complement ARC's sustainable and growing dividend in the Company's [...]
ARC Resources Ltd. today reported its second quarter 2021 financial and operational results. SECOND QUARTER 2021 HIGHLIGHTS ARC successfully closed the strategic Montney combination with Seven Generations Energy Ltd. on April 6, 2021 , to become the largest pure-play Montney producer, and remains well on track to deliver annual synergies of $160 million for 2022. ARC's board of directors has approved a 10 per cent [...]
Terry Anderson, President and Chief Executive Officer, and the officers of ARC Resources Ltd., , joined Berk Sumen, Head of TSX Company Services, TMX Group, to celebrate ARC's 25th anniversary of trading on Toronto Stock Exchange and open the market. With an initial public offering valued at $180 million, ARC has experienced considerable success over its 25-year history. Now a $10 billion enterprise, ARC is the largest [...]
ARC Resources Ltd. is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders held on June 22, 2021. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1. Resolution to appoint 11 board members, with 96.20 per cent to 99.35 per cent of shares represented at the Meeting voting in favour of individual directors [...]
ARC Resources Ltd. confirms a quarterly dividend amount of $0.06 per share for July 15, 2021 to shareholders of record on June 30, 2021. The ex-dividend date is June 29, 2021. At June 15, 2021, the trailing 12-month payments to shareholders total $0.24 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 [...]