ARX:

ARC Resources Ltd. Confirms Quarterly Dividend Amount of $0.06 per Share for January 15, 2021

CALGARY, AB, Dec. 15, 2020 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly dividend amount of $0.06 per share for January 15, 2021 to shareholders of record on December 31, 2020. The ex-dividend date is December 30, 2020. At December 15, 2020, the trailing 12-month payments to shareholders total $0.34 per share.

ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $3.0 billion. ARC's common shares trade on the TSX under the symbol ARX.

ARC RESOURCES LTD.

For further information about ARC Resources Ltd., please visit ARC's website at www.arcresources.com or contact Investor Relations:

E-mail: IR@arcresources.com
Telephone: (403) 503-8600
Fax: (403) 509-6427
Toll Free: 1-888-272-4900ARC Resources Ltd.
Suite 1200, 308 - 4th Avenue SW
Calgary, AB  T2P 0H7

SOURCE ARC Resources Ltd.