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ARC Resources Ltd (ARX.TO)

ARX.TO on Toronto Stock Exchange

5.63CAD
3 Jun 2020
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Latest Key Developments (Source: Significant Developments)

Arc Resources Ltd. Reports First Quarter 2020 Financial And Operational Results
Thursday, 7 May 2020 

May 6 (Reuters) - ARC Resources Ltd ::. REPORTS FIRST QUARTER 2020 FINANCIAL AND OPERATIONAL RESULTS.Q1 LOSS PER SHARE C$1.58 INCLUDING ITEMS.Q1 EARNINGS PER SHARE ESTIMATE C$-0.01 -- REFINITIV IBES DATA.ARC RESOURCES- FFO GENERATED IN 2020 SEEN TO BE SUFFICIENT TO FUND DIVIDEND OBLIGATIONS, BUDGETED CAPITAL EXPENDITURES, RECLAMATION ACTIVITIES.SEES 2020 CRUDE OIL PRODUCTION (BBL/DAY) BETWEEN 14,000 - 16,000.ARC RESOURCES - ONGOING WEAKNESS IN COMMODITY PRICES DUE TO COVID-19 EXPECTED TO ADVERSELY IMPACT FUTURE FINANCIAL AND OPERATIONAL RESULTS.Q1 FUNDS FROM OPERATIONS $0.46 PER SHARE.THERE IS CONSIDERABLE UNCERTAINTY EMBEDDED INTO ARC'S 2020 GUIDANCE ITEMS.PRODUCTION FOR QUARTER AVERAGED 151,783 BOE PER DAY AND WAS 3% HIGHER THAN QUARTER ENDED DECEMBER 31, 2019.  Full Article

Arc Resources Says Reduced Its Monthly Dividend From $0.05 Per Share To $0.02 Per Share
Tuesday, 17 Mar 2020 

March 16 (Reuters) - ARC Resources Ltd ::ARC RESOURCES - REDUCED ITS MONTHLY DIVIDEND FROM $0.05 PER SHARE TO $0.02 PER SHARE.ARC RESOURCES - INTENDS TO CHANGE TO QUARTERLY DIVIDEND OF $0.06 PER SHARE COMPARED TO ITS PREVIOUS MONTHLY DIVIDEND OF $0.05 PER SHARE.  Full Article

Arc Resources Has Reduced Its Monthly Dividend From $0.05 Per Share To $0.02 Per Share
Friday, 13 Mar 2020 

March 13 (Reuters) - ARC Resources Ltd ::ARC RESOURCES LTD. ANNOUNCES REDUCED CAPITAL PROGRAM OF UP TO $300 MILLION FOR 2020 AND REDUCES ITS MONTHLY DIVIDEND TO $0.02 PER SHARE.ARC RESOURCES - AFTER PAYMENT OF MARCH DIVIDEND, ARC INTENDS TO CHANGE TO QUARTERLY DIVIDEND OF $0.06 PER SHARE.ARC RESOURCES LTD - EXPECTS AVERAGE DAILY PRODUCTION FOR 2020 TO BE IN RANGE OF 150,000 TO 155,000 BARRELS OF OIL EQUIVALENT PER DAY.ARC RESOURCES LTD - DEFERRED DRILLING AND COMPLETIONS ACTIVITIES ARE EXPECTED TO HAVE A LARGER IMPACT ON 2021 PRODUCTION LEVELS.ARC RESOURCES - MAJORITY OF CAPITAL SPENDING BEING DEFERRED IN 2020 RELATES TO DRILLING, COMPLETIONS ACTIVITIES IN GREATER DAWSON & ANTE CREEK AREAS.ARC RESOURCES LTD - HAS REDUCED ITS MONTHLY DIVIDEND FROM $0.05 PER SHARE TO $0.02 PER SHARE.  Full Article

Arc Resources Announces Retirement Of Myron Stadnyk And The Appointment Of Terry Anderson As CEO
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - ARC Resources Ltd ::ARC RESOURCES LTD. ANNOUNCES RETIREMENT OF MYRON STADNYK AND THE APPOINTMENT OF TERRY ANDERSON AS CHIEF EXECUTIVE OFFICER.ARC RESOURCES LTD - MYRON STADNYK WILL CONTINUE TO SERVE AS PRESIDENT AND DIRECTOR UNTIL HIS RETIREMENT ON APRIL 30, 2020.  Full Article

Arc Resources Ltd. Reports Qtrly Funds From Operations C$0.49 Per Share
Friday, 7 Feb 2020 

Feb 6 (Reuters) - ARC Resources Ltd ::. REPORTS FOURTH QUARTER AND YEAR-END 2019 FINANCIAL AND OPERATIONAL RESULTS AND YEAR-END 2019 RESERVES RESULTS.QTRLY NET LOSS PER SHARE C$0.03.QTRLY FUNDS FROM OPERATIONS C$0.49 PER SHARE.  Full Article

ARC Resources Ltd Reports Q3 FFO Per Share Of C$0.41
Friday, 8 Nov 2019 

Nov 7 (Reuters) - ARC Resources Ltd ::. REPORTS THIRD QUARTER 2019 FINANCIAL AND OPERATIONAL RESULTS AND ANNOUNCES $500 MILLION CAPITAL PROGRAM FOR 2020.Q3 FFO PER SHARE C$0.41.QTRLY DELIVERED AVERAGE PRODUCTION OF 134,813 BOE PER DAY.FARHAD AHRABI HAS BEEN APPOINTED TO ARC'S BOARD OF DIRECTORS, EFFECTIVE IMMEDIATELY.SEES FY 2020 TOTAL PRODUCTION 155,000- 161,000 BOE/DAY.SEES 2019 FULL-YEAR AVERAGE DAILY PRODUCTION TO BE NEAR MIDPOINT OF GUIDANCE RANGE OF 136,000 TO 142,000 BOE PER DAY.  Full Article

Arc Resources Reports Qtrly Loss Per Share C$0.15
Thursday, 1 Aug 2019 

July 31 (Reuters) - ARC Resources Ltd ::ARC RESOURCES LTD. REPORTS SECOND QUARTER 2019 FINANCIAL AND OPERATIONAL RESULTS.Q2 FFO PER SHARE C$0.54.QTRLY LOSS PER SHARE C$0.15.SEES FY 2019 TOTAL PRODUCTION IN RANGE OF 136,000 TO 142,000 BOE PER DAY.QTRLY AVERAGE DAILY PRODUCTION IN THE SECOND QUARTER OF 2019 WAS 134,938 BOE PER DAY VERSUS 127,879 BOE PER DAY.  Full Article

Arc Resources Ltd. Reports First Quarter 2019 Financial And Operational Results
Wednesday, 1 May 2019 

April 30 (Reuters) - ARC Resources Ltd ::ARC RESOURCES LTD. REPORTS FIRST QUARTER 2019 FINANCIAL AND OPERATIONAL RESULTS.ARC RESOURCES - QUARTERLY PRODUCTION OF 139,054 BARRELS OF OIL EQUIVALENT PER DAY.ARC RESOURCES LTD - EXPECTS TO GENERATE FUNDS FROM OPERATIONS IN EXCESS OF ITS ANTICIPATED 2019 DIVIDENDS OF APPROXIMATELY $210 MILLION.ARC RESOURCES - IN 2019, EXPECTS TO GENERATE FUNDS FROM OPERATIONS IN EXCESS OF ITS ANTICIPATED SUSTAINING CAPITAL REQUIREMENTS OF ABOUT $400 MILLION.ARC RESOURCES LTD - IN Q2, OPERATIONS WILL BE AFFECTED BY THIRD-PARTY PIPELINE MAINTENANCE, SIGNIFICANT TURNAROUNDS.ARC RESOURCES LTD - IN Q2, OPERATIONS WILL ALSO BE AFFECTED BY ANTICIPATED SPRING BREAK-UP IMPACTS TO PRODUCTION AND FIELD OPERATIONS.ARC RESOURCES LTD - PRODUCTION IS EXPECTED TO BE APPROXIMATELY FIVE PER CENT LOWER IN Q2.ARC RESOURCES LTD - EXPECTS THAT PRODUCTION WILL RAMP UP THROUGH SECOND HALF OF 2019.ARC RESOURCES LTD - FULL-YEAR 2019 AVERAGE DAILY PRODUCTION IS EXPECTED TO BE WITHIN GUIDANCE RANGE OF 135,000 TO 142,000 BOE PER DAY..  Full Article

ARC Resources Reports Q3 FFO Per Share Of C$0.58
Friday, 9 Nov 2018 

Nov 8 (Reuters) - ARC Resources Ltd ::. REPORTS THIRD QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS AND ANNOUNCES 2019 BUDGET.Q3 FFO PER SHARE C$0.58.QTRLY TOTAL PRODUCTION 135,410 BOE/DAY VERSUS 129,526 BOE/DAY.BOARD HAS APPROVED CAPITAL BUDGET OF $775 MILLION FOR 2019.ANNUAL AVERAGE PRODUCTION IS EXPECTED TO BE IN RANGE OF 135,000 TO 142,000 BOE PER DAY IN 2019.SEES 2018 TOTAL PRODUCTION 131,000 BOE/DAY - 133,000 BOE/DAY.  Full Article

BRIEF-Arc Resources Ltd. Reports Qtrly Funds From Operations C$0.49 Per Share

* . REPORTS FOURTH QUARTER AND YEAR-END 2019 FINANCIAL AND OPERATIONAL RESULTS AND YEAR-END 2019 RESERVES RESULTS