LOS ANGELES, CA / ACCESSWIRE / September 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in ARC Document Solutions, Inc. ("ARC Document Solutions" or "the Company") (NYSE:ARC) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the ARC Document Solutions board breached its fiduciary duties to shareholders.
LOS ANGELES, CA / ACCESSWIRE / September 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in ARC Document Solutions, Inc. ("ARC Document Solutions" or "the Company") (NYSE:ARC) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the ARC Document Solutions board breached its fiduciary duties to shareholders.
LOS ANGELES, CA / ACCESSWIRE / September 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in ARC Document Solutions, Inc. ("ARC Document Solutions" or "the Company") (NYSE:ARC) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the ARC Document Solutions board breached its fiduciary duties to shareholders.
LOS ANGELES, CA / ACCESSWIRE / August 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in ARC Document Solutions, Inc. ("ARC Document Solutions" or "the Company") (NYSE:ARC) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the ARC Document Solutions board breached its fiduciary duties to shareholders.
ARC's merger with TechPrint Holdings is expected to close by the end of 2024, subject to customary closing conditions.
LOS ANGELES, CA / ACCESSWIRE / August 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in ARC Document Solutions, Inc. ("ARC Document Solutions" or "the Company") (NYSE:ARC) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the ARC Document Solutions board breached its fiduciary duties to shareholders.
From a production view, ARC is ~60% gas producer. From a cash flow view, predominantly condensates producers. LNG contracts will provide a third leg to revenues. The international contracts have significant upside potential, but there are risks if LNG prices fall, potentially leading to penalties. Financial analysis shows potential FCF yields up to 21% by 2029, driven by production growth, LNG contracts, and improved capital efficiencies. (Not accounted for shares reduction).
ARC Resources is defying weak natural gas prices by bringing the Attachie project online. The company is shutting in dry gas production until prices recover. Despite the challenging market, ARC Resources is investing in growth projects, paying dividends, and maintaining financial strength.
SAN RAMON, CA / ACCESSWIRE / August 28, 2024 / ARC Document Solutions, Inc. (the "Company") (NYSE:ARC) announced today it has signed a definitive agreement with TechPrint Holdings, LLC, an affiliate of Kumarakulasingam Suriyakumar, the Company's Chairman and Chief Executive Officer, Dilantha Wijesuriya, the Company's President and Chief Operating Officer, Jorge Avalos, the Company's Chief Financial Officer, Rahul Roy, the Company's Chief Technology Officer, Sujeewa Sean Pathiratne, a private investor, and certain entities affiliated with such persons (collectively, the "Acquisition Group"), pursuant to which the Company will merge with and into TechPrint Merger Sub, Inc., a wholly-owned subsidiary of TechPrint Holdings, LLC, and each outstanding share of common stock of the Company will be converted into the right to receive cash consideration of $3.40 per share (the "Transaction"). The Acquisition Group currently collectively owns approximately 15.8% of the voting power of the Company's outstanding capital stock, and currently collectively beneficially owns approximately 19.6% of the shares of the Company's stock.
ARC Resources is a leading natural gas producer with low costs and significant growth potential, driven by efficient operations and extensive unbooked inventories. The company plans to boost production by 21% by 2028, with long-term LNG contracts securing international pricing benefits, positioning ARX for strong demand. Despite market volatility, ARC offers rising dividends and aggressive buybacks, making it a compelling energy stock for long-term returns and portfolio growth.
ARC Document Solutions, Inc. (NYSE:ARC ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants David Stickney - Vice President, Investor Relations Suri Suriyakumar - Chairman & Chief Executive Officer Dilo Wijesuriya - President & Chief Operating Officer Jorge Avalos - Chief Financial Officer Conference Call Participants Greg Burns - Sidoti David Marsh - Singular Research Glenn Primack - Lisa Investment Group Operator Thank you for standing by. My name is John, and I'll be your conference operator for today.
ARC Document Solutions (ARC) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago.