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BRIEF-ARC Resources Reports Q3 FFO Per Share Of C$0.58

Published 2018-11-08, 05:00 p/m
Updated 2018-11-08, 05:10 p/m
© Reuters. BRIEF-ARC Resources Reports Q3 FFO Per Share Of C$0.58

Nov 8 (Reuters) - ARC Resources Ltd ARX.TO :

* . REPORTS THIRD QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS AND ANNOUNCES 2019 BUDGET

* Q3 FFO PER SHARE C$0.58

* QTRLY TOTAL PRODUCTION 135,410 BOE/DAY VERSUS 129,526 BOE/DAY

* BOARD HAS APPROVED CAPITAL BUDGET OF $775 MILLION FOR 2019

* ANNUAL AVERAGE PRODUCTION IS EXPECTED TO BE IN RANGE OF 135,000 TO 142,000 BOE PER DAY IN 2019

* SEES 2018 TOTAL PRODUCTION 131,000 BOE/DAY - 133,000 BOE/DAY

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