Adam Waterous

Adam Waterous, founder of Waterous Energy Fund and a former top executive at Scotiabank, shares his insights into oil and gas investing. He reveals how he revolutionized the competitive sales process in Canada and navigated the market's technological shifts post-2012. Adam discusses his value investing approach, the significance of acquiring quality assets, and the art of consolidation. With a focus on hiring high performers, he emphasizes the need for a decentralized operational structure and offers tips for running successful competitive sales processes.

Adam Waterous, Founder & Executive Chairman of Strathcona Resources, dives into the heated bidding war for MEG Energy. He passionately advocates for his all-share offer, explaining why shareholders could miss out on nearly $4 billion by not accepting it. Adam discusses the strategic shift from a mixed cash and stock proposal to an all-stock offer, and the implications for shareholders. He shares candid insights on shareholder reactions, critiques MEG's board for its engagement, and boldly outlines how far he’s willing to go to secure MEG.

Adam Waterous, CEO of Waterous Energy Fund and visionary behind Strathcona Resources, dives into the dynamic landscape of Canadian oil. He discusses the potential of the oil sands to deliver scalable supply amidst rising global demand and the investment strategies shaping the industry's future. Waterous reveals insights on Strathcona's merger with MEG and its implications for capital returns. Excitingly, he explores opportunities for carbon capture leadership in North America, setting the stage for the next chapter in energy.