52 Week Range
As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Meg Energy Corp 2022 Capital Budget Of $375 Million
Meg Energy Reports Q3 Earnings Per Share C$0.34
MEG Energy Reports Revised Full Year Guidance
MEG Energy Corp. is a Canada-based energy company. The Company is focused on thermal oil production in the southern Athabasca region of Alberta, Canada. The Company transports and sells its thermal oil production to refiners throughout North America and internationally. The Company is actively developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods to improve the economic recovery of oil as well as lower carbon emissions. The Company's operating projects include Christina Lake Project, Surmont Project and Growth Properties. The Christina Lake Project is focused on oil development located in the southern Athabasca region, which is a multi-phased project located approximately 150 kilometres south of Fort McMurray in northeast Alberta. The Surmont project is located in the southern Athabasca region of Alberta, approximately 80 kilometres south of Fort McMurray.
Oil & Gas Operations
600 - 3rd Avenue S.W., 21st Floor
Ian D. Bruce
Independent Chairman of the Board
Derek W. Evans
President, Chief Executive Officer, Director
Eric L. Toews
Chief Financial Officer
Chief Operating Officer
Lyle S. Yuzdepski
Senior Vice President, General Counsel, Corporate Secretary
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Securities analysts revised their ratings and price targets on several Canadian companies, including Hudbay Minerals, MEG Energy and Slate Office REIT, on Monday. HIGHLIGHTS * Hudbay Minerals Inc : Canaccord Genuity raises target price to C$5 from C$4.50 * MEG Energy Corp...
Canada's main stock index fell on Monday on concerns over the economic impact of the coronavirus, with losses led by oil and gas producer MEG Energy, which sought to shelve an oil sands project.
Canada's MEG Energy Corp has asked Alberta Energy Regulator (AER) for a three-year delay to the approval process of a proposed oil sands project in the province, because of what it called continuing difficulties, the Globe and Mail reported.
Oil sands producer MEG Energy Corp has become the largest producer so far to call for pipeline company Enbridge Inc to scrap plans to introduce long-term, fixed-volume contracts on its Mainline system, in a letter to Canadian regulators laying out its opposition.
Oil sands producer MEG Energy has written to Canada's energy regulator to oppose pipeline company Enbridge Inc's plan to introduce long-term fixed volume contracts on its Mainline system.
MEG Energy Corp <MEG.TO> reported a bigger-than-expected quarterly profit on Tuesday, as the Canadian oil sands producer benefited from a surge in production and higher prices.
Canadian oil sands producer MEG Energy Corp reported a smaller quarterly loss on Tuesday, benefiting from selling more barrels of bitumen crude at higher prices.
Canadian oil sands producer MEG Energy Corp reported a bigger-than-expected quarterly loss on Thursday, as the company sold its bitumen crude at lower prices because of transportation bottlenecks.
MEG Energy Corp reported a bigger quarterly loss, as the Canadian oil sands producer sold bitumen crude at lower prices.
When the final numbers were tallied late last Wednesday for Husky Energy's hostile bid for rival Canadian oil producer MEG Energy, Husky's top executives learned they had the support of nearly 60 percent of MEG shareholders, people familiar with the situation told Reuters.
Canadian oil sands producer MEG Energy Corp <MEG.TO> said on Tuesday it would halve its capital spending to a maximum of C$275 million ($206.33 million) this year amid a global supply glut.
Canadian oil sands producer MEG Energy Corp said on Tuesday it expects to spend up to C$275 million ($206.33 million) this year, after fighting off a hostile bid last week from bigger rival Husky Energy Inc .
Canadian oil producer MEG Energy Corp's CEO invited his Husky Energy Inc counterpart this month to negotiate a friendly takeover of MEG, but Husky did not follow up, MEG's vice president of investor relations John Rogers said on Friday.
Canadian oil producer Husky Energy <HSE.TO> shocked investors on Thursday when it abandoned its hostile bid for MEG Energy <MEG.TO>, saying it could not win sufficient MEG shareholder support after Alberta's government ordered production cuts to reduce a crude glut.
Husky Energy Inc expects to secure over 50 percent support from MEG Energy shareholders for Husky's unsolicited offer to take over the rival oil producer by Wednesday's deadline, people familiar with the situation told Reuters.
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