Adam Waterous, Executive Chairman of Strathcona, said "Strathcona is delighted that the MEG board has accepted Strathcona's recommendation to initiate a strategic alternatives process for the business ...

As a result of the revised arrangement agreement between the MEG board of directors (the "MEG Board") and Cenovus Energy Inc. ("Cenovus"), Strathcona believes the conditions to its Offer, or any ...

Strathcona Resources within the s&p tsx composite: operations, brokerage consensus, dividend details, and sector context ...

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 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 ...

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 ...

A non-GAAP financial measure which does not have a standardized meaning under the Accounting Standards; see "Specified Financial Measures" section of this press release. In Cold Lake, production of ...

Strathcona Resources (OTCPK:STHRF) plans to issue a special dividend and increase the liquidity of shares traded if its takeover attempt of MEG Energy (OTCPK:MEGEF) falls through, Chairman Adam ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Canadian driller Strathcona Resources Ltd. is planning as much as C$2 billion ($1.5 billion) in projects to capture ...

(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 ...

Shares of MEG Energy jumped Friday morning after Calgary-Alberta based Strathcona Resources unveiled a cash-and-stock bid to acquire the oil sands producer, setting the stage for a possible bidding ...