Previous Close | 7.89 |
Open | 8.00 |
Bid | 7.71 x 0 |
Ask | 7.72 x 0 |
Day's Range | 7.67 - 8.11 |
52 Week Range | 2.42 - 8.37 |
Volume | 6,884,984 |
Avg. Volume | 2,476,535 |
Market Cap | 2.728B |
Beta (5Y Monthly) | 1.92 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.55 |
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.