LSE:SHELOil and Gas
What Could Shell (LSE:SHEL) Gain From Its $16.4 Billion Canadian Energy Deal?
Shell (LSE:SHEL) agreed to acquire ARC Resources Ltd. in a cash and stock transaction valued at $16.4b.
The deal adds ARC's Canadian Montney natural gas and liquids assets to Shell's North American portfolio.
The transaction comes during a record-setting surge in Canadian oil and gas mergers and acquisitions activity.
Shell's $16.4b move for ARC Resources is a major portfolio shift that investors may want to weigh alongside other factors. Check out 2 other big wins that Shell investors...