Declared Dividend • Jun 21
First quarter dividend of CA$0.21 announced Shareholders will receive a dividend of CA$0.21. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 16
ARC Resources Ltd. Confirms Quarterly Dividend for July 15, 2026 ARC Resources Ltd. confirmed a quarterly eligible dividend amount of $0.21 per share for July 15, 2026 to shareholders of record on June 30, 2026. Announcement • Mar 18
ARC Resources Ltd. Confirms Quarterly Dividend, Payable on April 15, 2026 ARC Resources Ltd. confirmed a quarterly eligible dividend amount of $0.21 per share for April 15, 2026 to shareholders of record on March 31, 2026. Announcement • Feb 17
ARC Resources Ltd., Annual General Meeting, Apr 29, 2026 ARC Resources Ltd., Annual General Meeting, Apr 29, 2026. Announcement • Feb 08
ARC Resources Ltd. to Report Q2, 2026 Results on Jul 30, 2026 ARC Resources Ltd. announced that they will report Q2, 2026 results After-Market on Jul 30, 2026 Announcement • Nov 08
ARC Resources Ltd. to Report Q1, 2026 Results on Apr 29, 2026 ARC Resources Ltd. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026 Announcement • Sep 16
ARC Resources Ltd. Confirms Quarterly Dividend, Payable on October 15, 2025 ARC Resources Ltd. confirmed a quarterly eligible dividend amount of $0.19 per share for October 15, 2025 to shareholders of record on September 29, 2025. Announcement • Aug 14
ARC Resources Ltd. to Report Q4, 2025 Results on Feb 06, 2026 ARC Resources Ltd. announced that they will report Q4, 2025 results After-Market on Feb 06, 2026 Announcement • Jul 03
ARC Resources Ltd. (TSX:ARX) Completed the acquisition of Kakwa asset of Strathcona Resources Ltd from Strathcona Resources Ltd. (TSX:SCR). ARC Resources Ltd. (TSX:ARX) agreed to acquire Kakwa asset of Strathcona Resources Ltd from Strathcona Resources Ltd. (TSX:SCR) for approximately CAD 1.6 billion on May 14, 2025. The transaction value is paid in CAD 1,650 million in cash and approximately CAD 45 million in assumed lease obligations. Strathcona Resources Ltd. (“Strathcona” or the “Company”) (TSX: SCR) is pleased to announce that it has entered into definitive agreements to sell substantially all of its Montney assets for approximately CAD 2.84 billion, pursuant to three separate transactions. The fully committed term loan facility was provided by the Royal Bank of Canada and The Bank of Nova Scotia as underwriters and bookrunners. The Transaction will be funded through a new CAD 1.0 billion committed two-year term loan, and existing credit facilities The Kakwa Sale is expected to occur early in the third quarter of 2025, subject to receipt of regulatory approvals, Competition Act Approval and the satisfaction of other customary closing conditions.
BMO Capital Markets acted as a financial advisor to Strathcona Resources. CIBC Capital Markets acted as a financial advisor to Strathcona Resources. Jefferies Group LLC acted as a finacial advisor to Strathcona Resources. Scotiabank, Inc. acted as a financial advisor to ARC Resources. Burnet, Duckworth & Palmer LLP acted as a legal advisor to ARC Resources. Kevin Kerr of Blake, Cassels & Graydon LLP acted as legal advisor to Strathcona Resources. RBC Capital Markets acted as financial advisor to ARC Resources.
ARC Resources Ltd. (TSX:ARX) Completed the acquisition of Kakwa asset of Strathcona Resources Ltd from Strathcona Resources Ltd. (TSX:SCR) on July 2, 2025. Announcement • Jun 19
ARC Resources Ltd. Confirms Quarterly Dividend, Payable on July 15, 2025 ARC Resources Ltd. confirmed a quarterly eligible dividend amount of $0.19 per share for July 15, 2025 to shareholders of record on June 30, 2025. At June 16, 2025, the trailing 12-month payments to shareholders total $0.72 per share. Announcement • May 15
ARC Resources Ltd. (TSX:ARX) agreed to acquire Kakwa asset of Strathcona Resources Ltd from for CAD 1.7 billion. ARC Resources Ltd. (TSX:ARX) agreed to acquire Kakwa asset of Strathcona Resources Ltd from for CAD 1.7 billion on May 14, 2025. The transaction value is paid in CAD 1,650 million in cash and approximately CAD 45 million in assumed lease obligations. Strathcona Resources Ltd. (“Strathcona” or the “Company”) (TSX: SCR) is pleased to announce that it has entered into definitive agreements to sell substantially all of its Montney assets for approximately CAD 2.84 billion, pursuant to three separate transactions. The fully committed term loan facility was provided by the Royal Bank of Canada and The Bank of Nova Scotia as underwriters and bookrunners. The Transaction will be funded through a new CAD 1.0 billion committed two-year term loan, and existing credit facilities The Kakwa Sale is expected to occur early in the third quarter of 2025, subject to receipt of regulatory approvals and the satisfaction of other customary closing conditions.
BMO Capital Markets acted as a financial advisor to Strathcona Resources. CIBC Capital Markets acted as a financial advisor to Strathcona Resources. Jefferies Group LLC acted as a finacial advisor to Strathcona Resources. Scotiabank, Inc. acted as a financial advisor to ARC Resources. Burnet, Duckworth & Palmer LLP acted as a legal advisor to ARC Resources. Blake, Cassels & Graydon LLP acted as legal advisor to Strathcona Resources. RBC Capital Markets acted as financial advisor to ARC Resources. Announcement • Apr 04
ARC Resources Ltd., Annual General Meeting, May 02, 2025 ARC Resources Ltd., Annual General Meeting, May 02, 2025. Location: meetings lumiconnect com 400 307 906 431, Canada Announcement • Mar 18
ARC Resources Ltd. Confirms Quarterly Dividend, Payable on April 15, 2025 ARC Resources Ltd. confirmed a quarterly eligible dividend amount of $0.19 per share for April 15, 2025 to shareholders of record on March 31, 2025. At March 17, 2025, the trailing 12-month payments to shareholders total $0.70 per share. Announcement • Feb 25
ARC Resources Ltd., Annual General Meeting, Mar 19, 2025 ARC Resources Ltd., Annual General Meeting, Mar 19, 2025. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €16.99, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.17 per share. Announcement • Nov 11
ARC Resources Ltd. to Report Q4, 2024 Results on Feb 06, 2025 ARC Resources Ltd. announced that they will report Q4, 2024 results After-Market on Feb 06, 2025 Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: CA$0.55 (vs CA$0.39 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.55 (up from CA$0.39 in 3Q 2023). Revenue: CA$1.37b (down 2.5% from 3Q 2023). Net income: CA$328.9m (up 39% from 3Q 2023). Profit margin: 24% (up from 17% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year. Declared Dividend • Sep 23
Second quarter dividend of CA$0.17 announced Shareholders will receive a dividend of CA$0.17. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 5.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 17
ARC Resources Ltd. Announces Quarterly Eligible Dividend for October 15, 2024 ARC Resources Ltd. confirmed a quarterly eligible dividend amount of $0.17 per share for October 15, 2024 to shareholders of record on September 27, 2024. At September 16, 2024, the trailing 12-month payments to shareholders total $0.68 per share. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: CA$0.40 (vs CA$0.46 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.40 (down from CA$0.46 in 2Q 2023). Revenue: CA$1.30b (up 7.7% from 2Q 2023). Net income: CA$239.5m (down 14% from 2Q 2023). Profit margin: 18% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 39% per year. Declared Dividend • Jun 24
First quarter dividend of CA$0.17 announced Shareholders will receive a dividend of CA$0.17. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 88% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jun 19
Independent Chairman of the Board recently bought €427k worth of stock On the 10th of June, Harold Kvisle bought around 25k shares on-market at roughly €17.10 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.5m. Despite this recent buy, Harold has been a net seller over the last 12 months, reducing personal holdings by €454k. Announcement • Jun 18
ARC Resources Ltd. Announces Quarterly Eligible Dividend for July 15, 2024 ARC Resources Ltd. announced quarterly eligible dividend amount of $0.17 per share for July 15, 2024 to shareholders of record on June 28, 2024. At June 17, 2024, the trailing 12-month payments to shareholders total $0.68 per share. Recent Insider Transactions • May 30
Independent Chairman of the Board recently sold €1.2m worth of stock On the 28th of May, Harold Kvisle sold around 67k shares on-market at roughly €17.18 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Harold has been a net seller over the last 12 months, reducing personal holdings by €2.4m. Recent Insider Transactions • May 22
Independent Chairman of the Board recently sold €870k worth of stock On the 17th of May, Harold Kvisle sold around 50k shares on-market at roughly €17.39 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Harold's only on-market trade for the last 12 months. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: CA$0.31 (vs CA$0.93 in 1Q 2023) First quarter 2024 results: EPS: CA$0.31 (down from CA$0.93 in 1Q 2023). Revenue: CA$1.23b (down 26% from 1Q 2023). Net income: CA$185.4m (down 68% from 1Q 2023). Profit margin: 15% (down from 35% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 25
Fourth quarter dividend of CA$0.17 announced Shareholders will receive a dividend of CA$0.17. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 3.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (25% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 02
ARC Resources Ltd., Annual General Meeting, May 10, 2024 ARC Resources Ltd., Annual General Meeting, May 10, 2024. Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: CA$2.62 (vs CA$3.48 in FY 2022) Full year 2023 results: EPS: CA$2.62 (down from CA$3.48 in FY 2022). Revenue: CA$6.02b (down 31% from FY 2022). Net income: CA$1.60b (down 31% from FY 2022). Profit margin: 27% (in line with FY 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Dec 16
Arc Resources Ltd. Confirms Quarterly Dividend, Payable on January 15, 2024 ARC Resources Ltd. (ARC) confirmed a quarterly eligible dividend amount of $0.17 per share for January 15, 2024 to shareholders of record on December 29, 2023. At December 15, 2023, the trailing 12-month payments to shareholders total $0.64 per share. Buying Opportunity • Dec 01
Now 21% undervalued Over the last 90 days, the stock is up 2.4%. The fair value is estimated to be €17.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 5.4% in 2 years. Earnings is forecast to decline by 5.0% in the next 2 years. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: CA$0.39 (vs CA$1.36 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.39 (down from CA$1.36 in 3Q 2022). Revenue: CA$1.33b (down 38% from 3Q 2022). Net income: CA$236.4m (down 73% from 3Q 2022). Profit margin: 18% (down from 41% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 8.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Announcement • Sep 16
Arc Resources Ltd. Confirms Quarterly Dividend, Payable on October 16, 2023 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. Buying Opportunity • Aug 23
Now 21% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be €16.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 66% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 37% in the next 2 years. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: CA$0.46 (vs CA$1.13 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.46 (down from CA$1.13 in 2Q 2022). Revenue: CA$1.33b (down 1.0% from 2Q 2022). Net income: CA$278.9m (down 63% from 2Q 2022). Profit margin: 21% (down from 57% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 19% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. New Risk • Jul 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.17 per share at 3.9% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). Announcement • Jun 20
ARC Resources Ltd. Pleads Guilty to Charge Laid by the AER ARC Resources Ltd., has pled guilty in provincial court to a charge laid against them by the Alberta Energy Regulator (AER) in December 2022. The charge is related to the discharge of produced water contrary to section 109(2) of the Environmental Protection and Enhancement Act, at or near Drayton Valley, Alberta between December 9, 2020, and December 25, 2020. The Court has ordered ARC to pay a $225 000 penalty, of which, $223 000 will go to the AER creative sentencing project, and the remaining $2000 will go to the Alberta Court of Justice as a fine. The creative sentencing projects will occur within the Modeste sub-watershed of the North Saskatchewan River and/or the counties of Brazeau, Clearwater, Leduc, Parkland, and Wetaskiwin. Projects must demonstrate benefits to wetlands and surrounding ecosystems. This includes improvement to wetland complexes increasing biodiversity, and benefitting wildlife classified as at risk, threatened or endangered. The AER will publish one or more requests for proposals using established Government of Alberta practices and oversee the creative sentencing project on behalf of the Alberta Court of Justice. In December 2020, ARC was operating a water line on private land within a pipeline right of way approximately five kilometres west of Drayton Valley. On December 25, a release of produced water from the water line was reported to the Alberta EDGE (Environmental and Dangerous Goods Emergencies) contact centre by the landowner. Released fluids were observed accumulating at the surface and flowing overland into an unnamed creek located east of the release. The produced water released from the water line contained mainly salt water and trace amounts of petroleum hydrocarbons. The water line was immediately shut-in, ARC's emergency response plan was activated, and the AER was notified. The release was initially estimated to be 400 m3, which was subsequently revised to approximately 5000 m3, however the exact duration and volume of the release is unknown. The duration of the release is believed to have spanned one to two weeks. Announcement • Jun 16
Arc Resources Ltd. Confirms Quarterly Dividend , Payable on July 17, 2023 ARC Resources Ltd. confirmed a quarterly eligible dividend amount of $0.17 per share for July 17, 2023 to shareholders of record on June 30, 2023. At June 15, 2023, the trailing 12-month payments to shareholders total $0.54 per share. Reported Earnings • May 08
First quarter 2023 earnings released: EPS: CA$0.93 (vs CA$0.10 loss in 1Q 2022) First quarter 2023 results: EPS: CA$0.93 (up from CA$0.10 loss in 1Q 2022). Revenue: CA$1.79b (down 11% from 1Q 2022). Net income: CA$574.9m (up CA$644.3m from 1Q 2022). Profit margin: 32% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Announcement • May 05
ARC Resources Ltd. to Report Q2, 2023 Results on Aug 02, 2023 ARC Resources Ltd. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.15 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%). Recent Insider Transactions • Feb 23
Insider recently bought €71k worth of stock On the 16th of February, Brian Groundwater bought around 6k shares on-market at roughly €11.04 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €3.3m more in shares than they bought in the last 12 months. Reported Earnings • Feb 10
Full year 2022 earnings released: EPS: CA$3.48 (vs CA$1.26 in FY 2021) Full year 2022 results: EPS: CA$3.48 (up from CA$1.26 in FY 2021). Revenue: CA$7.66b (up 50% from FY 2021). Net income: CA$2.30b (up 193% from FY 2021). Profit margin: 30% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 17% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.4%. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 16 January 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%). Board Change • Nov 16
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Independent Director Carol Banducci was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: CA$1.33 (vs CA$0.074 in 3Q 2021) Third quarter 2022 results: EPS: CA$1.33 (up from CA$0.074 in 3Q 2021). Revenue: CA$2.13b (up 34% from 3Q 2021). Net income: CA$867.8m (up CA$814.2m from 3Q 2021). Profit margin: 41% (up from 3.4% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue is expected to fall by 13% p.a. on average during the next 2 years compared to a 4.5% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
ARC Resources Ltd. to Report Q4, 2022 Results on Feb 09, 2023 ARC Resources Ltd. announced that they will report Q4, 2022 results After-Market on Feb 09, 2023 Announcement • Oct 21
ARC Resources Ltd. to Report Q3, 2022 Results on Nov 03, 2022 ARC Resources Ltd. announced that they will report Q3, 2022 results After-Market on Nov 03, 2022 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €11.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 221% over the past three years. Recent Insider Transactions • Sep 23
Insider recently bought €132k worth of stock On the 20th of September, Sean Stuart bought around 9k shares on-market at roughly €14.25 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €3.5m more in shares than they bought in the last 12 months. Announcement • Sep 16
ARC Resources Ltd. Confirms Quarterly Dividend, Payable on October 17, 2022 ARC Resources Ltd. confirmed a quarterly dividend amount of $0.12 per share for October 17, 2022 to shareholders of record on September 30, 2022. The ex-dividend date is September 29, 2022. At September 15, 2022, the trailing 12-month payments to shareholders total $0.386 per share. Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: CA$1.13 (vs CA$0.17 loss in 2Q 2021) Second quarter 2022 results: EPS: CA$1.13 (up from CA$0.17 loss in 2Q 2021). Revenue: CA$2.37b (up 92% from 2Q 2021). Net income: CA$762.9m (up CA$885.9m from 2Q 2021). Profit margin: 32% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 13% compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €11.10, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 196% over the past three years. Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.12 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.3%). Announcement • Jun 16
ARC Resources Ltd. Confirms Quarterly Dividend, Payable on July 15, 2022 ARC Resources Ltd. confirmed a quarterly dividend amount of $0.12 per share for July 15, 2022 to shareholders of record on June 30, 2022. The ex-dividend date is June 29, 2022. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 15% share price gain to €16.40, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 337% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.75 per share. Recent Insider Transactions • Jun 04
Non-Independent Director recently sold €3.3m worth of stock On the 2nd of June, Marty Proctor sold around 227k shares on-market at roughly €14.59 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.1m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 20% share price gain to €13.70, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 201% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.79 per share. Announcement • May 08
ARC Resources Ltd. Announces Management Changes ARC Resources Ltd. at its annual and general meeting of shareholders held on May 6, 2022, announced effective May 6, 2022, Kathleen O'Neill has retired from the Board of Directors after 13 years of service. With O'Neill's retirement, Leontine van Leeuwen-Atkins has assumed the role of Chair of the Audit Committee. Reported Earnings • May 07
First quarter 2022 earnings released: CA$0.10 loss per share (vs CA$0.50 profit in 1Q 2021) First quarter 2022 results: CA$0.10 loss per share (down from CA$0.50 profit in 1Q 2021). Revenue: CA$1.17b (up 124% from 1Q 2021). Net loss: CA$69.4m (down 139% from profit in 1Q 2021). Over the next year, revenue is forecast to stay flat compared to a 55% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 07
ARC Resources Ltd. to Report Q2, 2022 Results on Jul 28, 2022 ARC Resources Ltd. announced that they will report Q2, 2022 results After-Market on Jul 28, 2022 Board Change • Apr 27
High number of new directors There are 9 new directors who have joined the board in the last 3 years. Independent Director Carol Banducci was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 23
ARC Resources Ltd. to Report Q1, 2022 Results on May 05, 2022 ARC Resources Ltd. announced that they will report Q1, 2022 results After-Market on May 05, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 18 April 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.6%). Recent Insider Transactions • Mar 21
Insider recently bought €97k worth of stock On the 16th of March, Sean Stuart bought around 9k shares on-market at roughly €10.41 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €279k more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 03
Insider recently sold €115k worth of stock On the 1st of March, Katherine Gomes sold around 10k shares on-market at roughly €11.48 per share. In the last 3 months, there was an even bigger sale from another insider worth €139k. Insiders have been net sellers, collectively disposing of €446k more than they bought in the last 12 months. Announcement • Feb 19
ARC Resources Ltd., Annual General Meeting, May 06, 2022 ARC Resources Ltd., Annual General Meeting, May 06, 2022. Announcement • Feb 11
ARC Resources Ltd. Reaffirms Production Guidance for the Year 2022 ARC Resources Ltd. reaffirmed production guidance for the year 2022. Production and all other previously disclosed guidance for 2022 remain unchanged. Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CA$1.26 (up from CA$1.55 loss in FY 2020). Revenue: CA$4.09b (up 260% from FY 2020). Net income: CA$786.6m (up CA$1.33b from FY 2020). Profit margin: 19% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 25%, compared to a 148% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 17% share price gain to €9.65, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 79% over the past three years. Upcoming Dividend • Dec 23
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 17 January 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (4.4%). 
