Description: CALGARY — Canadian Natural Resources Ltd. has dethroned Suncor Energy Inc. as Canada’s most valuable energy company amid a selloff in domestic oil and gas stocks that has continued to erode the size of the energy industry on major North American stock indices.
Date: Oct 06, 2020
Questions for discussion:
- Summarize the situation in the Canadian oil and gas industry.
- Why are more mergers and acquisitions likely?