MEG Energy Corp’s Q3 2025 earnings show strong performance in a buyers‑market, boosting its $7.55 bn valuation and positioning it as a prime target for Cenovus’s blockbuster acquisition.

Cenovus Energy Inc. has agreed to acquire MEG Energy Corp. in a $7.9 billion deal, positioning Cenovus as a major player in Canada’s oil and gas sector.

MEG Energy Corp. is facing a $4 billion takeover bid from Strathcona Resources Ltd., led by Canadian oil tycoon Adam Waterous, in a move that could significantly alter the oil and gas industry in Canada.

Strathcona Resources Ltd. has launched a $4 billion takeover bid for MEG Energy Corp., a move that could reshape the competitive dynamics of the oil sands sector and have significant implications for the energy market.

Strathcona Resources’ $4 billion bid to acquire MEG Energy Corp. has sparked widespread skepticism and shareholder ire, with investors labeling the offer as undervalued and a lowball attempt to capitalize on MEG’s market struggles.

Strathcona Resources Ltd. has launched a $4 billion takeover bid for MEG Energy Corp., a move that could significantly impact the Canadian oil and gas sector and set a precedent for future mergers and acquisitions.

Strathcona Resources Ltd. has launched a $4 billion takeover bid for MEG Energy Corp., a move that could reshape the oil and gas industry and spark a battle for control of the Calgary-based oil sands developer.

MEG Energy Corp. is facing a takeover bid from Strathcona Resources Ltd. in a deal valued at approximately C$6 billion, with the Canadian oil tycoon-led company seeking to expand its footprint in the oil sands industry.

Strathcona Resources Ltd. has announced a takeover bid for MEG Energy Corp., a Calgary-based oil and gas corporation, in a move that could significantly impact the Canadian energy sector.