(Bloomberg) -- Canadian driller Strathcona Resources Ltd. is planning as much as C$2 billion ($1.5 billion) in projects to capture carbon dioxide emissions from its oil-sands operations, helped by ...
Strathcona Resources lifted and extended its hostile offer for MEG Energy to 0.80 Strathcona shares per MEG share, valuing MEG at C$30.86 and topping MEG’s agreement with Cenovus by 11%, with the bid ...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article ...
Strathcona is disappointed that the MEG Board has elected to re-commit to the MEG Board Deal, despite the clearly superior Amended Offer. Strathcona's Amended Offer delivers both an upfront premium to ...
Strathcona Resources (OTCPK:STHRF) said Friday it formally launched its offer to acquire MEG Energy (OTCPK:MEGEF) that values the company at ~C$5.9B (US$4.25B). On May 15, Strathcona (OTCPK:STHRF), ...
Strathcona Resources achieved impressive production growth and cost control in Q2 2024, resulting in increased operating earnings and free cash flow. The company declared its inaugural base dividend ...
Strathcona Resources is a Canadian large-cap oil-weighted energy producer that recently became public. SCR:CA's low public float and short history have kept it out of the public eye, presenting a ...
(Reuters) - Canadian oil and gas producer Strathcona said late Thursday it plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG Energy, aiming to create one of the ...
Strathcona said it is abandoning its pursuit of MEG after the target company’s board accepted an increased offer from Cenovus earlier this week, seemingly putting an end to one of the Canadian ...
Alberta-based oil and gas producer Strathcona Resources Ltd. has inked an agreement to acquire Pipestone Energy Corp. in an all-share deal that will create Canada’s fifth-largest oil producer, the ...