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Varcoe: With U.S. tariffs and oil price swings, $15B Whitecap

In this environment, the push is on for companies to boost their size to gain investor attention and lower their cost of capital, say analysts



Whitecap Resources and Veren Energy are merging in a $15 billion all-stock deal to create Canada's seventh-largest petroleum producer. The merger aims to build a more resilient company better able to withstand U.S. tariffs and oil price volatility. The combined entity, operating under the Whitecap banner and led by Whitecap's CEO, will be the largest petroleum producer in the Kaybob Duvernay and Alberta Montney regions.

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