Strathcona Resources: A Stronger Buy After Montney Exit And Bold Oil Sands Bid

  • Strathcona's disciplined asset sales and debt elimination set the stage for a transformative, accretive acquisition of MEG Energy, doubling down on oil sands growth. The MEG takeover offers immediate operational and financial synergies, superior management, and a compelling value proposition for both Strathcona and MEG shareholders. Strathcona's strategy mirrors Canadian Natural Resources' proven playbook, positioning it for a valuation rerating and multi-bagger potential over a five-year horizon.