ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.19 per share for April 15, 2025 to shareholders of record on March 31, 2025. At March 17, 2025, the trailing 12-month payments to shareholders total $0.70 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. ARC's investment-grade [...]
ARC Resources Ltd. , announced today it has entered into a long-term sale and purchase agreement with ExxonMobil LNG Asia Pacific , an ExxonMobil affiliate, for the supply of liquefied natural gas . Under the Agreement, EMLAP will purchase all of ARC's LNG offtake from the Cedar LNG Project - approximately 1.5 million tonnes per annum - at international LNG pricing. The Agreement commences with commercial operations at [...]
ARC Resources Ltd. today reported its fourth quarter and year-end 2024 financial and operational results as well as its year-end 2024 reserves. HIGHLIGHTS Fourth Quarter 2024 Results ARC delivered record quarterly production of 382,341 boe per day ), in line with fourth quarter guidance of between 380,000 and 385,000 boe per day. Production increased five per cent compared to the fourth quarter of 2023, and seven per [...]
ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.19 per share for January 15, 2025 to shareholders of record on December 31, 2024. At December 16, 2024, the trailing 12-month payments to shareholders total $0.68 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. ARC's [...]
HIGHLIGHTS Attachie Phase I was successfully commissioned in late October, facilitating substantial production growth in the fourth quarter of 2024 and throughout 2025. Drilling operations for all start-up wells have concluded and completions operations for the final start-up pad will commence in mid-November. Current production at Attachie is approximately 20,000 boe per day, and increasing as planned towards productive [...]
ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.17 per share for October 15, 2024 to shareholders of record on September 27, 2024. At September 16, 2024, the trailing 12-month payments to shareholders total $0.68 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. ARC's [...]
ARC Resources Ltd. today provided an operations update alongside a non-core asset disposition and the renewal of its normal course issuer bid . Non-Core Asset Disposition - ARC recently closed the disposition of certain non-core, non-Montney assets for total cash proceeds of $80 million. The proceeds will be allocated to share repurchases as ARC's view of its intrinsic value exceeds the current share price. Attachie [...]
ARC Resources Ltd. today reported its second quarter 2024 financial and operational results. HIGHLIGHTS ARC delivered second quarter 2024 production of 330,046 boe per day ), in line with the top end of the second quarter production guidance range of 325,000 to 330,000 boe per day. Second quarter production decreased four per cent year-over-year reflecting planned turnaround activity completed at Greater Dawson and [...]
ARC Resources Ltd. confirms a quarterly eligible dividend amount of $0.17 per share for July 15, 2024 to shareholders of record on June 28, 2024. At June 17, 2024, the trailing 12-month payments to shareholders total $0.68 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. ARC's investment-grade [...]
ARC Resources Ltd. is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders held on May 10, 2024. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1. Resolution to appoint 10 board members, with 65.34 per cent to 99.79 per cent of shares represented at the Meeting voting in favour of individual directors [...]
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 [...]