Key Developments: ARC Resources Ltd (ARX.TO)

ARX.TO on Toronto Stock Exchange

24.51CAD
2 Mar 2015
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$0.36 (+1.49%)
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Latest Key Developments (Source: Significant Developments)

ARC Resources Ltd confirms March 16, 2015 dividend amount
Tuesday, 17 Feb 2015 05:58pm EST 

ARC Resources Ltd:Confirms a dividend of $0.10 per share designated as an eligible dividend will be paid on March 16, 2015 to shareholders of record on Feb. 27, 2015.The ex-dividend date is Feb. 25, 2015.As at Feb. 17, 2015 the trailing twelve-month payments to investors, including the Feb. 17, 2015 payment, total $1.20 per share.  Full Article

ARC Resources Ltd Confirms dividend
Wednesday, 11 Feb 2015 06:35pm EST 

ARC Resources Ltd:Confirms dividend of $0.10 per share.Payable on March16 to shareholders of record on Feb. 27.Ex-dividend date is Feb. 25.  Full Article

ARC Resources announces the closing of bought deal financing
Monday, 26 Jan 2015 08:39am EST 

ARC Resources Ltd:Closes the previously announced bought deal financing.Says a total of 15.53 mln common shares have been issued at a price of $22.55 per share for gross proceeds of about $350 mln.Issue was made through a syndicate of underwriters led by RBC Capital Markets and including Scotia Capital Inc., BMO Capital Markets, CIBC World Markets Inc., TD Securities Inc., National Bank Financial Inc., AltaCorp Capital Inc., Barclays Capital Canada Inc., FirstEnergy Capital Corp.Maximum gross proceeds that will be raised under the over-allotment will be about $52 mln if the option is exercised in full.Net proceeds will be used to temporarily reduce bank indebtedness, increase working capital and to fund ongoing capital expenditure programs.  Full Article

ARC Resources Ltd confirms Feb. 17, 2015 dividend amount
Friday, 16 Jan 2015 10:00am EST 

ARC Resources Ltd:Confirms that dividend of $0.10 per share designated as eligible dividend will be paid on Feb. 17, 2015 to shareholders of record on Jan. 30, 2015.Ex-dividend date is Jan. 28, 2015.  Full Article

ARC Resources Ltd announces bought deal financing
Wednesday, 7 Jan 2015 04:42pm EST 

ARC Resources Ltd:Entered into agreement to sell about 15.5 mln common shares at $22.55 per share to raise gross proceeds of about $350 mln bought deal basis.Issue will be made through syndicate of underwriters led by RBC Capital Markets.Net proceeds will be used to temporarily reduce bank indebtedness, increase working capital and to fund ongoing capital expenditure programs.This offering is subject to normal regulatory approvals and is expected to close on or about Jan. 26, 2015.Shares will be sold by way of a short-form prospectus to be filed in each of the provinces of Canada.Underwriters have also been granted an over-allotment option exercisable in whole or in part, at any one time, until Jan. 30, 2015.To purchase up to about 2.3 mln common shares on same terms as common shares sold under offering, to cover over-allotments, if any, and for market stabilization purposes.Maximum gross proceeds that will be raised under offering will be about $402.7 mln should over-allotment option be exercised in full.  Full Article

ARC Resources Ltd confirms Jan. 15, 2015 dividend
Tuesday, 16 Dec 2014 07:00pm EST 

ARC Resources Ltd:Says that it confirms a dividend of $0.10 per share designated as an eligible dividend will be paid on Jan. 15, 2015.Payable to shareholders of record on Dec. 31, 2014.Says the ex-dividend date is Dec. 29, 2014.  Full Article

ARC Resources Ltd confirms dividend
Tuesday, 18 Nov 2014 06:32pm EST 

ARC Resources Ltd:Confirms dividend of $0.10 per share designated as an eligible dividend will be paid on Dec. 15, 2014 to shareholders of record on Nov. 28, 2014.Says the ex-dividend date is Nov. 26, 2014.  Full Article

ARC Resources Ltd reaffirms FY 2014 production guidance
Wednesday, 5 Nov 2014 06:15pm EST 

ARC Resources Ltd:Says that it expects FY 2014 annual average production to be within the original guidance range of 110,000 to 114,000 boe per day.  Full Article

ARC Resources Ltd confirms November dividend amount
Thursday, 16 Oct 2014 02:30pm EDT 

ARC Resources Ltd:Confirms that a dividend of $0.10 per share will be paid on Nov. 17 to shareholders of record on Oct. 31, 2014.Ex-dividend date is Oct. 29.As at Oct. 16 the trailing twelve-month payments to investors, including the Oct. 15 payment, total $1.20 per share.  Full Article

ARC Resources Ltd confirms Oct. 15 dividend amount
Tuesday, 16 Sep 2014 05:11pm EDT 

ARC Resources Ltd:Confirms dividend of $0.10 per share.Payable on Oct. 15 to shareholders of record on Sept. 30.Ex-dividend date is Sept. 26.As at Sept. 16 the trailing twelve-month payments to investors, including the Sept. 15 payment, total $1.20 per share.  Full Article

Canada's ARC Resources latest to cut budget as oil prices fall

CALGARY, Alberta - ARC Resources Ltd said on Wednesday it will cut an already reduced 2015 capital spending budget by nearly 15 percent as it joins other Canadian petroleum producers in tightening purse strings to cope with a 50 percent drop in oil prices since June.

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