Morningstar

Canadian Natural Resources, Tourmaline File Deal Notice With Antitrust Regulator

Provided by Dow Jones

By Paul Vieira

OTTAWA-Canadian Natural Resources and Tourmaline Oil have notified Canada's antitrust watchdog of a transaction that might require regulatory approval.

The Competition Bureau received notice on Dec. 30 of a transaction involving the two Calgary, Alberta-based energy companies, according to the watchdog's web site. Under Canada's merger-review process, certain transactions between companies require notification to the bureau so its investigators can determine whether the deal may harm competition.

Representatives for Canadian Natural Resources and Tourmaline did not immediately respond to requests for comment. A spokesperson for the Competition Bureau was not immediately available to answer questions about the companies' filing.

In November, Tourmaline said it was exploring a sale of its Peace River High light oil-and-gas complex, adding a successful transaction could lower the company's operating costs and allow proceeds to be reinvested into higher-margin assets. The Toronto-based Globe and Mail newspaper reported that Canadian Natural Resources is in talks with Tourmaline regarding the Peace River High complex.

Tourmaline stock fell 1.2% in trading Wednesday in the Toronto stock market, while shares in Canadian Natural rose 4.4%. 




  Write to Paul Vieira at paul.vieira@wsj.com 





  (END) Dow Jones Newswires



  January 14, 2026 17:41 ET (22:41 GMT)


Copyright (c) 2026 Dow Jones & Company, Inc.
  

					The articles, information, and content displayed on this webpage may
					include materials prepared and provided by third parties. Such
					third-party content is offered for informational purposes only and
					is not endorsed, reviewed, or verified by Morningstar.
				
 

					Morningstar makes no representations or warranties regarding the
					accuracy, completeness, timeliness, or reliability of any third-party
					content displayed on this site. The views and opinions expressed in
					third-party content are those of the respective authors and do not
					necessarily reflect the views of Morningstar, its affiliates, or employees.
				
 

					Morningstar is not responsible for any errors, omissions, or delays
					in this content, nor for any actions taken in reliance thereon.
					Users are advised to exercise their own judgment and seek independent
					financial advice before making any decisions based on such content.
					The third-party providers of this content are not affiliated with
					Morningstar, and their inclusion on this site does not imply any
					form of partnership, agency, or endorsement.
				
 

				Popular
				
 
  
 
 
 
 
September Stock Market Outlook: How to Position Your Portfolio During a Risky Stage
 
Excluding just seven stocks from our valuation, the remaining market is trading at fair value. 
 
 
David Sekera, CFA 
 
 
 
If You’re Worried About Your Bond Portfolio, You’re Missing the Point
 
For the safe part of your portfolio, err on the side of caution and get out of the timing business. 
 
 
Christine Benz 
 
 
 
Worried About a Stock Market Bubble? Here Are 5 Ways to Stay Invested
 
Here’s how concerned investors can participate in the US stock market while managing its risks. 
 
 
Dan Lefkovitz 
 
 
 
The 10 Best Dividend Stocks
 
These are the top dividend-paying stocks to buy today. 
 
 
Susan Dziubinski 
 
 
 
TIPS Look Tempting. Should You Buy?
 
Treasury Inflation-Protected Securities are sporting some of the highest yields ever, but there are a few caveats for investors to consider before making a purchase. 
 
 
Jeffrey Ptak, CFA 
 
 
 
 

			Sponsor Center