WS Investor
27 Apr 2026, 17:36
Shell announced an agreement to acquire ARC Resources Ltd in a deal valuing the company at approximately $13.6 billion.
The acquisition strengthens Shell’s position in Canada’s Montney shale basin, adding around 370 kboe/d of production and supporting growth in LNG and liquids. The transaction is expected to boost Shell’s production growth outlook to 4% annually through 2030 and enhance long-term cash flow.
ARC shareholders will receive a mix of cash and Shell shares, representing a 20% premium. The deal is expected to close in the second half of 2026, pending approvals.
The acquisition strengthens Shell’s position in Canada’s Montney shale basin, adding around 370 kboe/d of production and supporting growth in LNG and liquids. The transaction is expected to boost Shell’s production growth outlook to 4% annually through 2030 and enhance long-term cash flow.
ARC shareholders will receive a mix of cash and Shell shares, representing a 20% premium. The deal is expected to close in the second half of 2026, pending approvals.