Strathcona Resources Ltd. ("Strathcona") today confirmed the payment of its previously announced special distribution and ...

Canadian operator Strathcona Resources has launched a hostile takeover bid for a fellow Calgary-based producer, MEG Energy, with an offer valued at more than C$5.9 billion (US$4.2 billion). Strathcona ...

The company 'fully supports them contacting other potential acquirers to determine if a superior transaction to Strathcona's offer is available'. Image by Tero Vesalainen via iStock After being ...

(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 ...

• The Strathcona Christmas Bureau helped 1,650 residents — including 500 children and 300 teens for its 2025 campaign. More ...

Wondering if Strathcona Resources at around CA$41 is still a smart buy after its big run, or if you are turning up late to the party? This breakdown will walk through what the current price really ...

• The official school opening for l’École Claudette-et-Denis-Tardif was marked on Sept. 18. The school opened with 249 ...

Strathcona Resources Ltd. chairman Adam Waterous escalated the fight for MEG Energy Corp., on Monday, boosting his takeover offer for the oilsands producer and blasting its board for backing what he ...

(Reuters) -Canadian oil producer Strathcona Resources on Tuesday said it will go public by acquiring smaller rival Pipestone Energy Corp in an all-stock deal to create a combined business with a ...

Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. The offer represents a 9.3% premium to MEG Energy ...

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Residents in the ...

The all-stock bid would provide MEG shareholders a 43 per cent stake in the combined company, compared to just under four per cent under Cenovus' cash-heavy agreement, Strathcona noted Monday in a ...