|Bid||7.69 x 0|
|Ask||7.70 x 0|
|Day's Range||7.67 - 7.84|
|52 Week Range||5.37 - 10.49|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||19.26|
|Earnings Date||Feb 5, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||0.60 (7.74%)|
|1y Target Est||9.50|
ARC Resources Ltd. Reports Third Quarter 2019 Financial and Operational Results and Announces $500 Million Capital Program for 2020
Myron Stadnyk became the CEO of ARC Resources Ltd. (TSE:ARX) in 2013. This analysis aims first to contrast CEO...
Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Anyone who held ARC Resources Ltd...
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see ARC...
Canadian oil and gas producer ARC Resources said on Thursday it has cut its 2019 capital expenditure budget by C$75 million to C$700 million ($530.46 million) due to the postponement of the Attachie West Phase I gas processing and liquids-handling facility. The company also said it expects 2020 capital expenditure to be in the range of C$550 million to C$625 million.
CALGARY , June 20, 2019 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC" or the "Company") announced that its board of directors has approved a reduction to the Company's 2019 capital expenditure program, from $775 million to $700 million . 2020 capital expenditures are expected to be in the range of $550 million to $625 million . "ARC's reduced capital investment levels are consistent with our long-held principles of stewarding low debt, sustainable dividends, and investing capital when it is profitable to do so.