# Shell agrees to buy ARC Resources in a deal valued at $16.4 billion, including debt.

*business · news · 2026-04-27 · Global News*

## Key points

- Shell will acquire ARC Resources for $16.4 billion, including $2.8 billion in net debt.
- The acquisition adds 370,000 barrels of oil equivalent per day to Shell's output.
- Shell gains 2 billion barrels of reserves, increasing reserve life and alleviating future production shortfalls.
- The deal raises Shell’s annual production growth target for the decade from 1% to 4%.
- Shell will fund the $13.6 billion equity value with $3.4 billion cash and $10.2 billion in shares.

**Companies:** Shell, ARC Resources
**Countries:** Canada, United Kingdom

[Read the full story on Global News](https://globalnews.ca/news/11818797/shell-oil-arc-resources-merger-deal/)

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