CALGARY, AB, Sept. 15, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC”) 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 ESG performance. ARC’s investment-grade credit profile is supported by commodity and geographic diversity and robust risk management practices around all aspects of the business. … Continue Reading

CALGARY, AB, Aug. 30, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by ARC to commence a normal course issuer bid (“NCIB”). The NCIB allows ARC to purchase up to 60,744,912 of its outstanding common shares (“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 capital to shareholders. ARC believes when dislocations exist between the share price and … Continue Reading

CALGARY, AB, Aug. 2, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) today reported its second quarter 2023 financial and operational results.

HIGHLIGHTS

ARC delivered second quarter 2023 production of 343,630 boe(1) per day (63 per cent natural gas and 37 per cent crude oil and liquids(2)). Production increased two per cent year-over-year, and 13 per cent on a per share(3) 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 June production averaging 355,000 boe per day.

… Continue Reading

CALGARY, AB, June 19, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC”) 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 (ET) and is expected to conclude at 3:30 pm (ET). 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 available on ARC’s website at www.arcresources.com/investors/events-presentations. We recommend that you sign-in to the event … Continue Reading

CALGARY, AB, June 15, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC”) 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 performance. ARC’s investment-grade credit profile is supported by commodity and geographic diversity and robust risk management practices around all aspects of the business. … Continue Reading

CALGARY, AB, May 5, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Corporation”) is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the “Meeting”) 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 follows:

Directors

Approval Percentage

Withheld Percentage

Harold N. Kvisle

91.12 %

8.88 %

Farhad … Continue Reading

CALGARY, AB, May 4, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) 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 is expected to deliver approximately 40,000 boe per day, and includes a 90 MMcf per day natural gas processing facility and

… Continue Reading

CALGARY, AB, March 15, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC”) 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 performance. ARC’s investment-grade credit profile is supported by commodity and geographic diversity and robust risk management practices around all aspects of the business. … Continue Reading

CALGARY, AB, Feb. 9, 2023 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) 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 Results

ARC delivered record average production of 359,730 boe(1)(2) per day (61 per cent natural gas and 39 per cent

… Continue Reading

 CALGARY, AB, Dec. 15, 2022 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC”) 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 low-cost operations and leading ESG performance. ARC’s investment-grade credit profile is supported by commodity and geographic diversity and robust risk management practices around all aspects of the business. … Continue Reading

CALGARY, AB, Nov. 3, 2022 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) 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(1)(2) per day (60 per cent natural gas and 40 per cent crude oil and liquids), cash flow from operating activities of $1,104 million, and generated funds from operations of $953 million(3) ($1.45 per share)(4).

ARC generated free funds flow of $580 million(5) ($0.89 per share)(6) based on $373 million invested into

… Continue Reading

CALGARY, AB, Sept. 20, 2022 /CNW/ – (ARX: TSX) ARC Resources Ltd. (“ARC”) 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 release, remain unchanged.

About ARC

ARC Resources Ltd. is the largest pure-play Montney producer and one of … Continue Reading