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ARC Resources Ltd. (ARX.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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7.34-0.08 (-1.08%)
At close: 4:00PM EDT
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Previous Close7.42
Bid7.34 x 0
Ask7.35 x 0
Day's Range7.26 - 7.45
52 Week Range4.36 - 8.67
Avg. Volume3,402,759
Market Cap5.312B
Beta (5Y Monthly)1.92
PE Ratio (TTM)N/A
EPS (TTM)-1.55
Earnings DateMay 05, 2021
Forward Dividend & Yield0.24 (3.23%)
Ex-Dividend DateMar. 30, 2021
1y Target Est11.39
  • The Canadian Press

    Most actively traded companies on the Toronto Stock Exchange

    TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,129.07, up 24.93 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 0.99 per cent, to $1.00 on 13 million shares. The Toronto-Dominion Bank. (TSX:TD). Financials. Up 21 cents, or 0.25 per cent, to $83.66 on 10.7 million shares. TC Energy Corp. (TSX:TRP). Energy. Up 47 cents, or 0.8 per cent, to $59.48 on 10 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Down seven cents, or 0.26 per cent, to $27.33 on 9.7 million shares. ARC Resources Ltd. (TSX:ARX). Energy. Down 12 cents, or 1.55 per cent, to $7.64 on 7.3 million shares. The Bank of Nova Scotia (TSX:BNS). Down 10 cents, or 0.13 per cent, to $78.08 on 6.5 million shares. Companies in the news: Shaw Communications Inc. (TSX:SJR.B). Up 13 cents to $33.36. Freedom Mobile and its parent Shaw Communications Inc. will not participate in an upcoming wireless spectrum auction deemed crucial for the development of 5G networks. The two companies do not appear on a list published by Innovation, Science and Economic Development Canada (ISED) of telcos that have applied to participate in the June 15 spectrum auction. The 3,500 megahertz auction will provide winning bidders with the capacity to build out and speed up their 5G wireless networks, which are being rolled out around the world. There had already been doubt about whether Freedom could continue to put competitive pressure on the three biggest wireless companies when the family that controls Shaw struck a deal in March for the company to be bought by Rogers Communications Inc. for $26 billion. Enbridge Inc. (TSX:ENB). Up 12 cents to $46.37. The CEOs of Canada's two biggest pipeline companies say they are focused on lowering their operating greenhouse gas emissions while avoiding big oil pipeline projects in the wake of ongoing opposition throughout North America. Both Francois Poirier of TC Energy Corp. and Al Monaco of Enbridge Inc. told the virtual 2021 Scotiabank CAPP Energy Symposium on Wednesday that repositioning their companies to account for the global energy transition to cleaner fuels is among their top priorities. The decision by President Joe Biden to cancel TC Energy's Keystone XL pipeline permit in January was disappointing, but Poirier said TC Energy is building on learnings from the environmental commitment it made just days before the decision. Meanwhile, Monaco said regulatory and political obstacles to building pipelines are expected to continue to make new pipelines hard to build, which is something that should benefit current Enbridge investors. Both companies are intent on buying or building renewable electricity sources for their pipeline pump stations and compression systems, the CEOs said. Bank of Montreal (TSX:BMO). Up 74 cents to $113.83. BMO Financial Group's chief executive says the COVID-19 pandemic has pushed his bank to get more serious about artificial intelligence, diversity and climate change. BMO spent the first year of the health crisis focused on helping customers facing unprecedented challenges, but Darryl White said Wednesday that it also sought opportunities to "grow the good." White attributed some of that strength to artificial intelligence, which he said allowed BMO to model more lending scenarios and access deeper and increasingly sophisticated pools of data. The technology helped customers make quicker and better decisions as they grappled with layoffs, lower investment rates and mortgage deferral needs. White and the bank didn't just see opportunities in AI. The pandemic also delivered chances to increase the bank's diversity and commitments around climate change. BMO recently introduced a series of targets aimed at increasing the representation of women, employees with disabilities and workers who are Black, Latino, LGBTQ+ or Indigenous by 2025. This report by The Canadian Press was first published April 7, 2021. The Canadian Press

  • Xebec Welcomes Ms. Karen Nielsen to Board of Directors

    Xebec Welcomes Ms. Karen Nielsen to Board of Directors

    - Senior-level energy executive with experience in oil and gas operations, business development, engineering and finance - MONTREAL, April 07, 2021 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that Ms. Karen Nielsen has joined Xebec’s Board of Directors effective today. Ms. Nielsen was formerly the Chief Development Officer at Seven Generations Energy Ltd (TSX: VII), an energy producer dedicated to stakeholder service, responsible development and generating strong returns. She is also a non-executive lead director at Crew Energy (TSX: CR), a light oil and natural gas producer operating and based in Western Canada. “Having spent the majority of my career in the traditional oil and gas space, I am excited to be joining Xebec as we look towards the next chapter of energy. Decarbonization of our energy sources has come to the forefront of our minds as we look to address climate change. I believe Xebec will play a key role in this as a world leading renewable gas player and that we will pave a better future for generations to come,” stated Karen Nielsen. Ms. Nielsen brings decades of expertise in the oil and gas sector with positions in operations, business development, engineering and finance. She held positions as Senior Vice President and General Manager at ATCO Power Ltd. (TSX: ACO.X), Vice President of Operations at ARC Resources Ltd. (TSE: ARX) and both Vice President of Engineering and Operations at Birchcliff Energy Ltd. (TSX: BIR). “I am excited to be welcoming Karen to Xebec’s Board. She brings a strong background in energy in a time where the transition towards lower carbon energy sources is accelerating. Xebec is playing an important role in providing cleantech solutions for reducing emissions in the broader energy sector. I look forward to Karen’s contributions as she brings forth new ideas and insight into the energy transition,” stated Kurt Sorschak, Chairman, President and CEO, Xebec Adsorption Inc. Related links: Media Inquiries:Public Relations for XebecVictor Henriquez, Senior 514.377.1102 Investor Relations:Xebec Adsorption Inc.Brandon Chow, Director, Investor 450.979.8700 ext 5762 About Xebec Adsorption Inc.Xebec is a global provider of clean energy solutions for renewable and low carbon gases used in energy, mobility and industry applications. The company specializes in deploying a portfolio of proprietary technologies for the distributed production of hydrogen, renewable natural gas, oxygen and nitrogen. By focusing on environmentally responsible gas generation, Xebec has helped thousands of customers around the world reduce their carbon footprints and operating costs. Headquartered in Québec, Canada, Xebec has a worldwide presence with five manufacturing facilities, eight Cleantech Service Centers and four sales offices spanning over four continents. Xebec trades on the Toronto Stock Exchange under the symbol (TSX: XBC). For more information, Cautionary Statement Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements, and subject to risks and uncertainties. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “seeks”, “expects”, “estimates”, “intends”, “anticipates”, “believes”, “could”, “might”, “likely” or variations of such words, or statements that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “will be taken”, “occur”, “be achieved” or other similar expressions. Forward-looking statements, including statements concerning future capital expenditures, revenues, expenses, earnings, economic performance, indebtedness, financial condition, losses and future prospects as well as the expectations of management of Xebec with respect to information regarding the business and the expansion and growth of Xebec operations, involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are subject to business and economic factors and uncertainties, and other factors that could cause actual results to differ materially from these forward-looking statements, including the relevant assumptions and risks factors set out in Xebec's public documents, including in the most recent annual management discussion and analysis and annual information form, filed on SEDAR at Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the uncertain and unpredictable condition of global economy, notably as a consequence of the Covid-19 pandemic, Xebec’s capacity to generate revenue growth, the availability to Xebec of financing and credit alternatives and access to capital, Xebec’s capacity to meet all its other commitments and business plans, Xebec’s limited number of customers, the potential loss of key employees, changes in the use of proceeds relating to the loan, share price volatility, and other factors. Although Xebec believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, Xebec disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

  • 1 Merger Deal with Massive Impact Investors Might Be Missing Now
    The Motley Fool

    1 Merger Deal with Massive Impact Investors Might Be Missing Now

    Here's why the Seven Generations (TSX:VII) merger with Arc Resources (TSX:ARX) could be the most overlooked deal right now. The post 1 Merger Deal with Massive Impact Investors Might Be Missing Now appeared first on The Motley Fool Canada.