Today: 28 June 2026
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TSX:ARX 6 February 2026 - 3 May 2026

Shell’s $16.4 Billion ARC Resources Deal Puts Canada LNG Back in the Spotlight

Shell’s $16.4 Billion ARC Resources Deal Puts Canada LNG Back in the Spotlight

Shell agreed to buy ARC Resources in a deal valued at about US$16.4 billion, including debt, giving Shell a major position in Canada’s Montney shale. ARC shareholders will receive C$32.80 per share in cash and stock. The acquisition adds 370,000 barrels of oil equivalent per day and 1.5 million net acres to Shell’s portfolio. ARC shareholders are set to vote in July, with closing expected in late 2026.
3 May 2026
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ARC Resources Stock Jumps as Shell Seals $16.4 Billion Montney Gas Deal

ARC Resources Stock Jumps as Shell Seals $16.4 Billion Montney Gas Deal

Shell will acquire ARC Resources Ltd. for about US$16.4 billion including debt, in a stock-and-cash deal that boosts Shell’s output in Canada’s Montney shale basin. ARC shareholders get C$8.20 in cash and 0.40247 Shell shares per ARC share. ARC’s board unanimously backed the deal, which values ARC at a 27% premium. ARC shares rose over 22% in Toronto; Shell’s fell 2.1% in London.
27 April 2026
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Stock Market Today

  • Micron Stock Split Possible After Strong Earnings Beat
    June 28, 2026, 1:26 PM EDT. Micron Technology (NASDAQ: MU) reported blowout fiscal third-quarter earnings, with EPS of $25.11 and revenue of $41.5 billion, significantly beating analyst estimates. The stock surged past $1,000 per share, prompting speculation about a possible stock split, the first since 2000. Data from Bank of America's Research Investment Committee shows companies often see a 25.4% average return in the year after splits, but Micron's stock is already up over 260% this year. While splits can make shares appear more affordable to investors, the rise of fractional investing diminishes their necessity. Whether Micron will split its stock remains uncertain, dependent on management's decision.

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