|Bid||7.71 x 0|
|Ask||7.72 x 0|
|Day's Range||7.67 - 8.11|
|52 Week Range||2.42 - 8.37|
|Beta (5Y Monthly)||1.92|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2021 - May 10, 2021|
|Forward Dividend & Yield||0.24 (3.17%)|
|Ex-Dividend Date||Dec 30, 2020|
|1y Target Est||8.44|
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/CALGARY, AB, March 4, 2021 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announced today an offering of Cdn$1.
ARC RESOURCES AND SEVEN GENERATIONS TO HOLD SPECIAL SHAREHOLDER MEETINGS ON PROPOSED BUSINESS COMBINATION
ARC Resources Ltd's C$2.7 billion ($2.1 billion) bid to buy Seven Generations Energy Ltd will create the largest oil and gas producer in Canada's Montney region, and may re-energize development in one of North America's top shale plays. The combined company will have more financial strength to develop its 1.1 million net acres of land in a region that investors and drillers say has so far struggled to meet its full potential. ARC's announcement on Wednesday is the latest in a wave of consolidation that has swept the Montney as companies buckled under collapsing oil prices amid the COVID-19 pandemic.