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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
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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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. ....

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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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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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