Given that it’s brought two multi-billion equity financings to the market in less than four months, attention is, naturally enough, focused on PrairieSky Royalty. In a short period, a new company with a market cap of $4.6-billion has been formed – a valuation that didn’t occur when the same assets and the same business model were part of Encana Corp. 466 more words
Tags » EnCana Corporation
“We haven’t had a week like this since, er, June.”
That comment made by an investment banker the morning after Encana Corp. completed the sale of its 54% interest PrairieSky Royalty Ltd. 374 more words
For the second time in less than four months, PrairieSky Ltd., a royalty-focused company that generates revenues as petroleum and natural gas are produced from its properties, is undertaking a multi-billion dollar equity financing. 365 more words
Stantec’s plan to build a massive new 62-storey tower in the new Edmonton Arena District is great news for our city.
With a market cap of $3.4 billion, the professional services consulting giant is the largest and most valuable publicly traded company in the city. 271 more words