Shell acquires ARC Resources for $16.4 billion to boost oil and gas production

14 articles · Updated · CNBC · Apr 27

The deal adds about 370,000 barrels of oil equivalent per day to Shell’s portfolio and includes $2.8 billion in net debt and leases.
ARC Resources, focused on the Montney shale basin in British Columbia and Alberta, will strengthen Shell’s resource base and is expected to generate double-digit returns and higher free cash flow per share from 2027.
Shell will pay ARC shareholders C$8.20 in cash and 0.40247 Shell shares per ARC share; the acquisition reflects energy supermajors’ push to bolster hydrocarbon resources amid renewed focus on oil and gas.

Is Shell's huge premium for Arc a genius move for future energy or a costly fossil fuel gamble?

Can Shell's mega-deal for a shale gas firm genuinely align with its ambitious net-zero climate promises?

As foreign takeovers face scrutiny, will Canada approve Shell's acquisition of a key national energy champion?

Is Canada's cheap shale poised to overtake the US Permian as North America's top energy prize?

Why do other Canadian provinces ban the same fracking technology that Shell is now betting billions on?

Will Indigenous communities gain true equity ownership in this deal, or just more hollow consultation?