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Monday Sector Laggards: Music & Electronics Stores, Oil & Gas Exploration & Production Stocks
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Acceleware Ltd. Reports Third Quarter 2020 Financial and Operating ResultsCALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), an innovator and leading developer of transformative clean-tech energy..
Prospera Energy Inc. Appoints Samuel David in an Advisory Capacity to the Board*CALGARY, AB / ACCESSWIRE / November 23, 2020** / *Prospera Energy Inc. ("Prospera" or the "Corporation") (TSXV:PEI)(FRA:OF6A) is pleased to announce that we have strengthened our Board of Directors..
Cenovus Energy, Husky Energy announce leadership team for combined company
Canada: Oil And Gas Sector Consolidation Invites Competition Bureau Reviews - McMillan LLPThere has been a recent surge in merger and acquisition activity in the Canadian oil patch. This includes the recently announced blockbuster merger between Cenovus Energy Inc.
Cenovus reaches agreement to accelerate development of its Marten Hills oil assetsCALGARY, Alberta, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), through a wholly owned partnership, has entered into a definitive agreement to sell its Marten Hills oil..
M&A Heats Up In Canadian Oil PatchJust like the U.S. shale patch, the Canadian oil and gas sector has seen a flurry of merger and acquisition (M&A) announcements since oil prices crashed, as larger firms scoop up assets to diversify..
Canadian Oil Companies Raise ProductionCanadian oil producers have plans to start ramping up production after the Alberta government said it would remove oil production limits at the end of the year. “We’re going to see a significant..
Why Cenovus Energy (TSX:CVE) Stock Fell 4% After its Q3 Earnings EventOn October 29, Cenovus Energy (TSX:CVE)(NYSE:CVE) fell by over 4% for the day. The company's Q3 results highlighted many factors that hurt investors' sentiments. Let's take a closer look.
Cenovus to cut up to 25% of combined workforce with Husky Energy after mergerThe $3.8-billion merger between Cenovus Energy and Husky Energy will result in a trimming of the workforce by as much as 25 per cent, CBC News has confirmed.
Cenovus, Husky upgraded at Stifel on 'win-win' merger deal
What’s Next for Cenovus Energy (TSX:CVE) After the Husky Energy (TSX:HSE) Merger?Cenovus Energy (TSX:CVE)(NYSE:CVE) stock looks undervalued. Its recent purchase will likely accelerate investors’ returns over the long term.
SAP, KB Home fall; Dunkin' Brands, AstraZeneca riseNEW YORK (AP) — Stocks that moved heavily or traded substantially Monday: Dunkin' Brands, up $14.31 to $103.10 The owner of Dunkin' Donuts and Baskin-Robbins is considering a sale to Inspire..
HUSKY ENERGY ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of HUSKF and Encourages Investors to Contact the FirmNEW YORK, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Husky..
Why Cenovus Energy Plunged 15% in Early Trading TodayShares of Cenovus fell as investors digested consolidation news on the Canadian side of the border.
Cenovus Buys Husky To Create New Canadian Oil GiantCenovus and Husky Energy have struck a deal to combine their businesses in an all-stock transaction worth US$17.92 billion (C$23.6 billion). The size of the deal includes debt, Cenovus said in a news..
Is Cenovus (TSX:CVE) a Buy Now That It’s Buying Husky Energy (TSX:HSE)?Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) is about to get a whole lot bigger.
Cenovus (TSX:CVE) Acquires Husky Energy for $3.8 BillionAll you need to know about the $3.8 billion acquisition of Husky Energy by Cenovus.
Also reported by •Upworthy
Cenovus, Husky to merge in $2.9B all-stock dealCenovus Energy will purchase rival Husky Energy in a $2.9 billion all-stock deal that will create the third largest oil and n -More-
Also reported by •SeekingAlpha
Canadian oil: the sands of timeThe merger between Cenovus and Husky will be a temporary salve for shareholders of both companies
Cenovus shares plummet on news of its $3.8-billion deal to buy oilsands rivalThe all-shares deal by Cenovus Energy Inc. to buy Husky Energy Inc. for about $3.8 billion will likely spark more mega-mergers among Canadian oil and gas majors, according to a veteran oilsands..
Cenovus is merging with Husky Energy: What that means for jobs and the future of the oilpatchThe last time Cenovus Energy swung for the fences with a bold move to vastly expand, the mega-deal was a major flop. The big question now is whether Cenovus can pull off the new merger; it's a risk..
Cenovus buys Husky in $3.8B share transaction, signals consolidation trend in Canadian energy sectorCenovus Energy Inc. will merge with and acquire Husky Energy Inc. at a $23.6 billion price tag including debt, the Calgary-based companies announced jointly on Sunday.
Cenovus to buy Husky Energy in $23.6B deal, company to stay in AlbertaCenovus Energy Inc. will buy Husky Energy Inc. in an all-stock transaction valued at $23.6 billion, the Calgary-based companies said Sunday in a joint announcement.
Cenovus to buy Husky Energy in deal pegged at $23.6BThe Calgary-based companies say in a joint announcement that the combined company will be the third-largest Canadian oil and natural gas producer, based on total company production.
Cenovus snares Li Ka-shing’s Husky Energy in $7.8bn dealConsolidation in North America’s battered oil and gas sector is gathering speed
Also reported by •Upworthy
Cenovus Energy Agrees to Buy Husky Energy in All-Stock Deal
Cenovus to buy Husky for $2.9 billion to create No.3 Canadian energy firm; more deals seenCenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create...
Cenovus Energy and Husky Energy to hold joint conference call and webcast on transactionCALGARY, Alberta, Oct. 25, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) will host a joint conference call and webcast today, Sunday, October 25,..
Cenovus and Husky Combine to Create a Resilient Integrated Energy LeaderCombination of complementary businesses will result in $1.2 billion in cost and capital synergies, enhance free funds flow generation and support investment grade credit profile CALGARY, Alberta,..
Cenovus to hold conference call and webcast on third-quarter resultsCALGARY, Alberta, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its third-quarter results on Thursday, October 29, 2020. The news release will provide..
Why Did Cenovus Energy (TSX:CVE) Stock Slump 16% Last Month?While Cenovus (TSX:CVE) stock is trading at an attractive valuation, investing in the energy giant comes with significant risks.