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MEG Energy Corp. (MEG $27.90)
- $27.90 P/E (TTM): 6.17X Cap: $7.01B
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Q: What are your thoughts on Cenovus taking over Meg?
Should we sell into this news or will Strathcona "call and raise" the bid?

Asked by David on August 22, 2025

5i Research Answer:

It is a better bid, and with 75% cash. This gets MEG into a better range, and it is a friendly...

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