What’s interesting about this deal is CNQ will take cash and shares for selling its royalty lands to PrairieSky, and then give their CNQ shareholders a special dividend of PSK stock. With this transaction, PSK will get much bigger than… Continue Reading
Exclusive: Cenovus in exclusive talks with Teachers’ fund on land assets
Freehold and Prairie Sky are both royalty trusts that are traded on the TSX. While both have similar structures and histories, they have exposure to different energy and different leverage, which should cause investors to be careful which one they… Continue Reading
