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Strategies & Market Trends : Natural Resource Stocks
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From: Julius Wong8/24/2025 6:30:21 PM
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Energy deals

Vital Energy (NYSE:VTLE) +6.4% post-market Friday following a report that Crescent Energy (NYSE:CRGY) is in advanced talks to acquire the smaller Permian Basin producer, in a deal that could be announced as soon as next week; no further details are known.

Cenovus Energy (NYSE:CVE) agreed to acquire MEG Energy (OTCPK:MEGEF) in a cash and stock deal valued at C$7.9B (~US$5.7B) including debt, creating one of Canada's largest oil sands companies, the companies announced Friday.


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