Adam Waterous thinks the Canadian energy sector is the most
compelling opportunity in North America—and he’s putting his
money where his mouth is. On this special episode of In the Money
with Amber Kanwar, we’ve got a special on-location Calgary
Stampede edition hosted by ATB Financial. Amber sits down with
the CEO of the Waterous Energy Fund in front of a live audience
to unpack Strathcona’s multi-billion takeover bid for MEG Energy
and what it says about the future of oil and gas in Canada.
Waterous lays out why Canada’s long-life reserves, superior
economics, and underappreciated asset base give it a structural
advantage over the U.S.—and why now is the time to scale. He
explains why MEG is a “plan A-plus” acquisition for Strathcona,
how the deal could unlock massive operational synergies, and what
makes it accretive for both sides of the table. With a
shareholder vote looming, he also makes the case for
consolidation as the next phase of growth in a sector that’s been
overlooked for too long.
Beyond the deal, Waterous shares a bold vision: Canada not only
has the resources, but the moral obligation to help solve the
global energy poverty crisis—by doubling oil and gas production.
It’s a provocative take on Canada’s role in the world, grounded
in energy security, economic opportunity, and climate pragmatism.
Timestamps
00:00 Intro: ITM Stampede Edition
02:25 Understanding Adam’s approach to energy investing
09:10 How does timing factor in?
11:45 What Adam says to the naysayers
14:35 Are there parallels with CNQ?
16:20 Adam’s view on oil prices
18:50 Why did Adam make the bid for Meg Energy now?
24:15 Will Adam sweeten the bid?
32:35 Making the case for why Strathcona should buy Meg
34:20 Is Athabasca another potential opportunity?
38:46 How climate change factors into his thinking? “We have an
energy poverty emergency”
43:00 Adam on Mark Carney and his policies
46:45 What needs to change to make Canada succeed?
49:25 Why don’t more of his peers talk about what needs to change
in Canada?
52:40 Canada and Alberta has a very bright future
Sponsors
This episode is sponsored by BMO InvestorLine. Learn more at
https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20
For over 25 years, Raymond James has been helping Canadians
achieve their financial goals. Visit raymondjames.ca today to
discover how you can live a life well planned.
Pro Picks is brought to you by ATB Financial. Visit
ATB.com/inthemoney for more information.
Links
https://inthemoneypod.com/
https://instagram.com/inthemoneypod
https://twitter.com/inthemoneypod
https://tiktok.com/@inthemoneypod
https://facebook.com/profile.php?id=61569721774740
DISCLAIMERS
The information provided in this podcast is for informational
purposes only and does not constitute financial, investment, or
professional advice.The views expressed by the host and guests
are their own and do not necessarily reflect the opinions of any
organization or company. The host and guests may maintain
positions in any securities discussed on the podcast. Always
consult with a qualified financial advisor or professional before
making any investment decisions.
BMO DISCLAIMER
Terms and conditions apply. BMO InvestorLine is a wholly owned
subsidiary of Bank of Montreal. Member – Canadian Investor
Protection Fund and Member of the Canadian Investment Regulatory
Organization.
The opinions and views expressed in this presentation are those
of the presenter and not necessarily BMO InvestorLine Inc. This
presentation is prepared as a general source of information and
is not intended to provide legal, investment, accounting or tax
advice, and should not be relied upon in that regard. If legal or
investment advice or other professional assistance is needed, the
services of a competent professional should be obtained. Any
information contained in this presentation does not constitute
and shall not be deemed to constitute advice, an offer to
sell/purchase or as an invitation or solicitation to do so for
any entity. The content of this presentation is based on sources
believed to be reliable, but its accuracy cannot be guaranteed.
BMO InvestorLine Inc. and its affiliates, sponsors and employees
do not accept responsibility for the content and makes no
representation as to the accuracy, completeness or reliability of
the content and hereby disclaims any liability with regards to
the same.
In the Money delivers expert stock picks, market analysis, and
timely investing insights. Hosted by business journalist Amber
Kanwar, each episode features interviews with top portfolio
managers and financial experts. Covering everything from ETFs and
Canadian stocks to global investing trends, dividend strategies,
and risk management, this show is made for DIY investors, stock
market enthusiasts, and anyone looking to sharpen their financial
strategy.
Contact: questions@inthemoneypod.com
#IntheMoney #Investing #StockMarket #CanadianInvesting
#FinancialNews
Kommentare (0)
Melde dich an, um einen Kommentar zu schreiben.