Varcoe: Strathcona Resources going public, after Pipestone deal creates $8.6B producer

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Strathcona Resources going public, after Pipestone deal creates $8.6B producer yyc yycbiz Column by ChrisVarcoe:

Photo by Strathcona Resources Ltd.

As a private firm and industry consolidator, Strathcona has pursued its aggressive growth plan even through the extreme lows and highs of oil prices during the past three years. “This is an unloved sector and an out-of-favour sector. Generally speaking, we think the public market has uninspiring values . . . Why go public then?” said Waterous.Article content

 

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