Markets.News
ARC Resources Ltd. reported its first quarter 2025 results, with an average production of 372,265 boe per day. They generated $857 million in funds from operations, $400 million in free funds flow, and had a net income of $405 million. The company distributed 61% of free funds flow to shareholders, repurchased five million common shares, and reduced long-term debt by $315 million. ARC plans to invest between $1.6 and $1.7 billion in 2025 and maintain annual average production between 380,000 and 395,000 boe per day. They also announced a long-term LNG agreement with ExxonMobil and are formalizing plans for Attachie Phase II. The full results and financial statements are available on ARC's website.