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ARC Resources operates in the Montney shale basin in Canada.
Shell is acquiring ARC Resources for $13.6 billion in equity plus $2.8 billion in debt.
KEY POINTS
- The deal will increase Shell's free cash flow per share starting in 2027.
- Shell's reserve life had fallen to less than eight years as of 2025, prompting this acquisition.
- Following this deal, Shell will raise its production growth target for the decade from 1% to 4%.
COMPANIES
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