- Business
- ARC Resources Ltd. (ARX.TO) is a Calgary-based energy company focused on the development, production, and sale of natural gas, crude oil, and natural gas liquids primarily in Western Canada. Founded in 1996 and headquartered in Calgary, Alberta, the company operates high-quality, liquids-rich natural gas assets in the Montney formation across the Kakwa, Dawson, Attachie, and Ante Creek regions; its core products and services include natural gas production, condensate, and associated natural gas liquids such as propane and butane, marketed through long-term contracts and spot sales to processors, pipelines, and end-users in North America. ARC targets premium markets with low-cost, high-margin operations, serving utilities, industrial consumers, and export facilities via partnerships with major pipeline systems like NOVA Gas Transmission and TC Energy.
In recent developments, ARC Resources completed the strategic acquisition of Seven Generations Energy in 2022, significantly expanding its Montney position, followed by the commissioning of the Attachie Phase I facility in late 2024, which boosts processing capacity to 40,000 boe/d and supports production growth toward 200,000 boe/d by 2027; the company also advanced Attachie Phase II approvals in 2025 and secured financing through a $1.5 billion bought deal in early 2025 to fund expansions amid favorable LNG export opportunities. Geographically, operations span Alberta and British Columbia, with no major subsidiaries or parent entities, positioning ARC as a leading Montney producer emphasizing ESG practices, carbon capture initiatives, and low-emission drilling technologies.