What is the total value and payment structure of Shell's acquisition of ARC Resources?

Shell agreed to buy ARC Resources Ltd. for $13.6 billion, with the acquisition to be paid for using approximately 25% cash and 75% Shell shares, at a premium of 20% to ARC’s 30-day weighted average share price.

Why is Shell acquiring ARC Resources, and how does it align with Shell's strategic goals?

Shell is acquiring ARC Resources to bolster its oil and gas reserves and production, as part of a broader refocusing on core hydrocarbon businesses to boost investor returns; the deal strengthens Shell’s resource base for decades, establishes Canada as a 'heartland' for Shell, supports its target of sustaining ~1.4 million barrels per day of hydrocarbon liquids production toward 2030 and beyond, and advances its strategy to 'deliver more value with less emissions.'

Shell Agrees to Buy Canada’s ARC Resources for $13.6 Billion

Apr 27, 2026

Shell agreed to acquire Canadian producer ARC Resources for $13.6 billion to bolster oil and gas reserves, paying 25% cash and 75% shares, with closing expected in late 2026.

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