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Ninepoint’s Athabasca Bet Delivers 6,500% Gain on Cenovus Oil Merger Deal

The investment firm sees massive returns after acquiring a stake in the energy company when crude prices were low.

1 publisher · 2 articles · first seen 5 Oct 2026 · updated 2d ago

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The story so far

1 publisher has covered this in 2 articles since 5 Oct 2026. Bloomberg Markets published first, on 5 October at 18:36 UTC. The most recent article, from Bloomberg.com, appeared on 5 October at 21:34 UTC.

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Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Cenovus’ Athabasca Deal a Windfall for Eric Nuttall’s Ninepoint Energy Fund Bloomberg.com ·
  2. Ninepoint’s Athabasca Bet Delivers 6,500% Gain on Cenovus Oil Merger Deal Bloomberg Markets ·

In this story

  • Ninepoint Partners LP
  • Athabasca Oil Corp.
  • Cenovus
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