Cenovus Energy to acquire Athabasca Oil for C$5.7 billion

Questions about this coverage

How did the left and right cover Cenovus Energy to acquire Athabasca Oil for C$5.7 billion?

Of the 15 outlets on this story carrying a published leaning rating, 60% are rated left, 20% are rated centre, 20% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 23. The sections above set out what each side emphasised, in its own terms.

Is Cenovus Energy to acquire Athabasca Oil for C$5.7 billion left or right?

Neither side dominates it. Of the 15 rated outlets on this story, 60% are rated left, 20% are rated centre, 20% are rated right, and no side holds the 70% this site would want before calling a field one-sided. A story is not left or right in any case; the outlets that carried it are what carry ratings.

Is the coverage of Cenovus Energy to acquire Athabasca Oil for C$5.7 billion biased?

Cenovus Energy to acquire Athabasca Oil for C$5.7 billion is one event reported by 23 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.

Which side is not reporting Cenovus Energy to acquire Athabasca Oil for C$5.7 billion?

When we first saw this story, outlets rated right had barely covered it. Coverage accretes for hours after an event, so that is where to look rather than a verdict — the split above is the current count, and it is the one to read.

Which outlets covered Cenovus Energy to acquire Athabasca Oil for C$5.7 billion?

23 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.

What is the total value of the Cenovus Energy acquisition of Athabasca Oil?

Cenovus Energy has agreed to acquire Athabasca Oil in a deal valued at C$5.7 billion. Some reports state the valuation as US$4 billion.

What will Athabasca Oil shareholders receive in the deal?

Athabasca shareholders can opt to receive C$12 in cash or 0.264 Cenovus common shares for each share they own, subject to limits on the total cash and shares available.

How much will the acquisition increase Cenovus Energy's production?

Cenovus Energy states that the acquisition of Athabasca Oil will add approximately 45,000 barrels of oil equivalent per day to its production.