On April 27, 2026, ARC Resources Ltd. (“ARC” or the “Company”) announced that it has entered into a definitive arrangement agreement (the “Agreement”) with Shell plc (“Shell”) and Shell Canada Limited (“Shell Canada”), a wholly owned subsidiary of Shell, whereby Shell has agreed to acquire all of the issued and outstanding common shares of ARC (“ARC Shares”) in a cash and share transaction valued at approximately $22 billion, including assumed net debt (the “Transaction”).
Through this Agreement, ARC will become part of one of the world’s largest integrated energy companies, with a robust balance sheet and global platform capable of enhancing and accelerating ARC’s long-term value and profitability.
Addition of ARC employees adds deep Montney expertise with a track record of operational excellence to complement Shell’s strong culture and world-class organization.
Significant opportunities to unlock and accelerate LNG-related value through Shell’s integrated natural gas value chain – scale, infrastructure footprint and global reach underpin enhanced long-term profitability.
The Transaction has received unanimous approval by ARC’s Board of Directors which recommends ARC Shareholders vote FOR the Transaction at a special meeting expected to be held in July 2026.
April 27, 2026 | Definitive Arrangement Agreement Announced |
June | Management Information Circular Mailout to Shareholders |
July | Special Meeting of Shareholders |
H2 2026 | Anticipated Closing |

ARC announced that it has entered into a definitive arrangement agreement with Shell plc ("Shell") and Shell Canada Limited ("Shell Canada"), a wholly owned subsidiary of Shell, whereby Shell has agreed to acquire all of the issued and outstanding common shares of ARC ("ARC Shares") in a cash and share transaction valued at approximately $22 billion, including assumed net debt (the "Transaction").

ARC announced that it has entered into a definitive arrangement agreement with Shell plc ("Shell") and Shell Canada Limited ("Shell Canada"), a wholly owned subsidiary of Shell, whereby Shell has agreed to acquire all of the issued and outstanding common shares of ARC ("ARC Shares") in a cash and share transaction valued at approximately $22 billion, including assumed net debt (the "Transaction").
Our stock symbol is ARX and our common shares are listed on the Toronto Stock Exchange.
No, shares can only be purchased through an authorized broker.
For information on our most recent quarter and historical financial performance, visit our Reports and Filings page.
Our share information and trading history can be found on our Shareholder Information page.
ARC’s Special Meeting of Shareholders will be held in a virtual format conducted via live webcast.
Password: arc2026
For full details on how to vote as well as attend and participate in the Meeting, refer to our Special Meeting Information Circular and Virtual Meeting User Guide found below.
We encourage all shareholders to vote in advance of the meeting by mail, telephone, or internet in the manner set out in the meeting materials, which have been sent to shareholders and copies can be accessed below and under ARC’s SEDAR+ profile.
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