ChrisVarcoe
@chrisvarcoe
At the intersection of Alberta politics and business, I'll be hanging around. Business columnist, Calgary Herald. Views are my own. Retweets aren't endorsements
ID: 208109042
http://www.calgaryherald.com 26-10-2010 17:05:52
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7,7K Followers
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Varcoe: ‘The ending could be unusual’ – MEG’s future unclear as investors ponder Cenovus Energy’s $8.5B takeover bid “The company can stand on its own,” says former MEG V-P Duane Monea, who remains an investor. "It would be great to see.” calgaryherald.com/opinion/column… #ableg #yyc $MEG
Varcoe: Whitecap Resources sets 'defensive' $2B spending plan for 2026 amid low oil prices “We're going to have lower capital programs...for the first half of ‘26,” says CEO Grant Fagerheim “Why push too hard on growth rates at this particular time?” calgaryherald.com/business/energ… #yyc
Varcoe: With low oil prices, Whitecap Resources CEO expects 10-15% drop in CDN oilpatch spending in '26 “We put together, for 2026, a defensive budget, and (are) prepared to accelerate with a stronger pricing environment,” says Grant Fagerheim calgaryherald.com/business/energ… #yyc #ableg
Varcoe: With low oil prices, Canadian producers draft defensive spending plans for '26, while drillers expect a 'flat to up' winter ahead "Everybody has their foot on the brake, but they’re not pressing it just yet," says Precision Drilling CEO Carey Ford calgaryherald.com/business/energ…