ARC Resources Ltd. (T:ARX)
Business Focus: Oil & Gas Exploration and Production (NEC)
Sunny as of September 01, 2023
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Insider Filings
Latest 10 SEDI filings for ARX within the last 6 months
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Company News
Sep 15, 2023 17:00 ET
ARC RESOURCES LTD. CONFIRMS QUARTERLY DIVIDEND OF $0.17 PER SHARE FOR OCTOBER 16, 2023
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.
Aug 30, 2023 07:30 ET
ARC RESOURCES LTD. RECEIVES TSX APPROVAL FOR RENEWAL OF NORMAL COURSE ISSUER BID
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.
Valuation Ratios
Industry
Sector
Beta
1.51
--
--
Price to Sales - TTM
1.84
4.27
3.78
Price to Book - most recent quarter
1.86
1.59
1.79
Price to Cash Flow per share - TTM
3.45
4.69
5.03
Price to Free Cash Flow per share - TTM
12.21
14.40
14.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 11,584,503 | 142,332 |
| Aug 31, 2023 | 11,442,171 | 706,557 |
| Aug 15, 2023 | 10,735,614 | 426,086 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company's operations in Alberta are located near Grande Prairie and the region includes Kawka and Ante Creek. Kawka is a premium condensate-rich and high-deliverability natural gas play with top-tier development opportunities. The Company's operations in northeast British Columbia feature low-emissions assets and are strategically connected to third-party egress and hydroelectricity. The Company's operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland 3-9.
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