Canada's Arc Resources Q3 production up, boosts dividend

ARC Resources

06/11/2025 22:38

Overview

Arc Q3 2025 production up 10% yr/yr, driven by Kakwa and Attachie assets

Funds from operations rose 31% yr/yr, driven by higher condensate-weighted production

Company announces 11% dividend increase, reflecting profitability growth

Outlook

Arc Resources sets 2026 capital budget at C$1.8 to C$1.9 bln

Company expects 2026 production of 405,000 to 420,000 boe/day

Arc Resources projects C$1.5 bln free funds flow in 2026

Result Drivers

PRODUCTION INCREASE - Driven by Kakwa acquisition and Attachie assets, production rose 10% yr/yr

NATURAL GAS STRATEGY - Co limited exposure to low Canadian gas prices by using U.S. market transport and curtailing Sunrise volumes

CONDENSATE FOCUS - Higher condensate production contributed to a 31% increase in funds from operations yr/yr

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
C$214.40 mln
Q3 FFO
C$779 mln
Q3 Adjusted Free Cash Flow
C$713.30 mln
Q3 Capex
C$496.40 mln
Q3 Net Debt
C$3.06 bln


Press Release: ID:nCNW5Fbnfa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)