📰
Politics
Ninepoint’s Athabasca Bet Delivers 6,500% Gain on Cenovus Oil Merger Deal
📅5 October 2026 at 18:36
📰Bloomberg
👁️0 views
Share:
📰
Article Preview
When Ninepoint Partners LP bought a nearly 10% stake in Athabasca Oil Corp. in early 2021, crude was trading around $50 a barrel and shares of the overleveraged crude producer had plunged into penny-stock territory.
🎧
Listen to Preview
Audio version available
🔇
Audio Reader
Not supported in this browser
Want the full story?
Click below to load the complete article with full details, analysis, and context.
Share this story
Share:
Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
Comments
Loading comments...
Related Stories
Stay Updated
Get the latest Nigerian news delivered to your inbox.