You have accessed this news story:
CS - ARC reduces 2020 capital budget by 40% & dividends by 60% - April 2020
ARC Resources is cutting its 2020 capital budget from $500 million to no more than $300 million and reducing its March dividend from $0.05/share to $0.02/share in response to plummeting commodity prices. After the March dividend, it will change to a quarterly dividend of $0.06/share. CEO Terry Anderson said the company believes the moves will allow it to remain well positioned to deliver on its long-term strategy and emerge from the crisis in a......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
|
PLS Web Client?
Log in to proceed | Sign up for PLS Reports & Web Access! Already subscribed to Reports? Sign up for Web Access! |
