Once it paid for its capital expenditures, Arc only generated about $70 million in free cash flow. After paying out more than $220 million in dividends, that leaves a shortfall of $150 million, or about $0.40 per share.
Arc Resources Ltd. (TSX:ARX), one of the largest conventional oil and gas companies in Canada, has been one of the market's most disappointing stocks in 2015, but it has the potential to be one of the top performers from this point forward.
Arc Resources Ltd. (TSX:ARX), one of the largest conventional oil and gas companies in Canada, released first-quarter earnings after the market closed on April 29, and its stock has responded by falling over 2.5%.
Arc Resources Ltd. (TSX:ARX), one of the largest conventional oil and gas companies in Canada, released fourth-quarter earnings after the market closed on February 11 and its stock has responded by rising over 2%.
ARC Resources Ltd. ("ARC") (TSX:ARX) announced today that it has entered into an agreement to sell approximately 15.5 million common shares at $22.55 per share to raise gross proceeds of approximately $350 million on a bought deal basis.
CALGARY, May 19, 2015 (Canada NewsWire via COMTEX) -- (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.10 per share will be paid on June 15, 2015 to shareholders of record on May 29, 2015.
Oil and gas and banking stocks offer solid opportunities for income growth. ARC Resources Ltd (TSX: ARX) and Canadian Imperial Bank of Commerce (TSX: CM)(NYSE: CM) both have proven track records in their respective industries and would be welcome ...
Consider the following two energy companies for your income portfolio. Each has a track record of dividend payments and programs in place to foster shareholder return on investment: 1. ARC Resources, Ltd. ARC Resources Ltd. (TSX: ARX) is growing ...