Credit Rating Report

ARC Resources Ltd.: Rating Report

Energy

Summary

On February 25, 2022, DBRS Limited (DBRS Morningstar) confirmed ARC Resources Ltd.'s (ARC or the Company) Issuer Rating and Senior Unsecured Notes rating at BBB, both with Stable trends. The ratings are underpinned by ARC's scale in the liquids-rich Montney resource play, competitive cost structure, and conservative financial policy.

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