ARC Resources Ltd
TSX:ARX

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ARC Resources Ltd
TSX:ARX
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Price: 26.23 CAD -1.09% Market Closed
Market Cap: 15.1B CAD

ARC Resources Ltd
Investor Relations

ARC Resources Ltd., a prominent Canadian energy company, has carved out a significant niche in the natural resource sector, specializing primarily in oil and natural gas production. Born from a lineage of strategic acquisitions and capital discipline, ARC has honed its operations across the Montney formation, a prolific shale basin in Western Canada known for its rich reserves. The company's strategic placement helps it to maintain a diversified portfolio of high-quality, long-life assets, allowing ARC to weather the fluctuations of the volatile energy markets. This focus on premier assets is complemented by a robust technological capability that enhances extraction efficiency and supports sustainable practices, fostering a balance between financial performance and environmental stewardship.

With a business model heavily reliant on the extraction, processing, and sale of hydrocarbons, ARC Resources generates revenue by selling natural gas and oil in both domestic and international markets. Its operational strategy emphasizes maximizing cash flow and shareholder value through prudent cost management and capital allocation. By employing advanced drilling techniques and leveraging economies of scale, ARC optimizes production rates and lowers per-unit costs, driving profitability. Additionally, the company adheres to a systematic hedging program, safeguarding against price volatility and ensuring stable financial performance. This blend of strategic asset management, technological investment, and risk mitigation frames ARC Resources as a resilient player in the energy landscape, poised to adapt to the shifting dynamics of the global market.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 7, 2025
AI Summary
Q3 2025

Production Growth: Q3 production averaged 360,000 BOE per day, up 10% year-over-year and 13% per share.

Condensate Record: Record condensate and oil production reached 114,000 barrels per day, a 30% increase from last year.

Free Cash Flow: Generated $283 million in free cash flow, 80% above expectations, and returned all of it to shareholders.

Buybacks & Dividend: $170 million invested in share repurchases; base dividend raised by 11%.

2026 Outlook: 2026 budget targets higher production (405,000–420,000 BOE/day), lower capital ($1.8–$1.9B), and $1.5 billion in free cash flow.

Attachie Performance: Attachie underperformed on total production in Q3, but optimization efforts are underway and 2026 condensate guidance is on track.

Natural Gas Strategy: Diversification continues through LNG agreements and strong US market access, mitigating weak AECO prices.

Guidance: Production and capital guidance for 2026 provided, with all free cash flow again intended to be returned to shareholders.

Key Financials
Production
360,000 BOE per day
Condensate and Oil Production
114,000 barrels per day
Free Cash Flow
$283 million
Share Buybacks
$170 million (6.5 million shares)
Net Debt
$3.1 billion
Dividend
Base dividend increased by 11%
Capital Expenditure
$1.8–$1.9 billion (2026 budget)
Kakwa Production
206,000 BOE per day
Attachie Production
27,000 BOE per day (Q3); 13,000 barrels per day condensate
Natural Gas Realized Price
$2.75 per Mcf
Production Curtailed (Sunrise)
360 million cubic feet per day (60,000 BOE per day)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Terry Michael Anderson B.Sc., P.Eng.
President, CEO & Director
No Bio Available
Mr. Kristen J. Bibby B. Comm., B.Com., C.A., CPA
Senior VP & CFO
No Bio Available
Mr. Armin Jahangiri P.Eng.
Senior VP & COO
No Bio Available
Mr. Ryan Victor Berrett B.Mgmt., M.B.A.
Senior Vice President of Marketing
No Bio Available
Ms. Larissa Marianne Conrad P.Eng.
Senior VP & Chief Development Officer
No Bio Available
Ms. Lisa Ann Olsen B.A.
Senior Vice President of People & Corporate
No Bio Available
Mr. Dale Lewko C.F.A.
Manager of Capital Markets
No Bio Available
Mr. Grant A. Zawalsky B. Comm, B.Com., L.L.B.
Corporate Secretary
No Bio Available

Contacts

Address
ALBERTA
Calgary
1200-308 4 Ave SW
Contacts
+14035038600.0
www.arcresources.com