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Investment Banker Turned Oil Tycoon Takes Canada Energy Patch by Storm

Investment Banker Turned Oil Tycoon Takes Canada Energy Patch by Storm
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Investment banker turned oil tycoon takes Canada energy patch by storm

In just over 6 years, Adam Waterous assembled one of Canada’s largest oil producers from scratch through a flurry of acquisitions. Read on.

Foster creekNew yorkUnited statesBritish columbiaGeoffrey morganRobert tuttleNakita baronAdam waterousRandy ollenbergerCole smeadTalal fouaniAlberta kaybob duvernayAzin ghaffari postmediaMoody investors servicePipestone energy corpLucero energy corp

Pipestone Shareholders OK Acquisition by Strathcona

The all-share transaction valued at $8.5 billion (CAD 11.5 billion) is expected to close on October 3.

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Strathcona to Acquire Pipestone, Create Canadian Oil and Gas Major

The all-share transaction amounts to $8.66 billion.

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Oil sands win favour on Wall Street after years in shale s shadow

Oil sands win favour on Wall Street after years in shale s shadow Robert Tuttle and Michael Bellusci, Bloomberg News Oil sands win favour on Wall Street after years in shale s shadow VIDEO SIGN OUT After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020âs historic market crash with a slew of upbeat outlooks from Wall Street equity analysts. Morgan Stanley and Goldman Sachs Group Inc. are the latest firms to point out the industryâs ability to generate healthy cash flow next year as a reason to buy stocks like Suncor Energy Inc., Canadian Natural Resources Ltd. and MEG Energy Corp. That follows similar reports from BofA Securities and BMO Capital Markets.

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