Edition:
United States

MEG Energy Corp (MEG.TO)

MEG.TO on Toronto Stock Exchange

5.36CAD
15 Feb 2019
Change (% chg)

$0.06 (+1.13%)
Prev Close
$5.30
Open
$5.36
Day's High
$5.43
Day's Low
$5.34
Volume
1,599,105
Avg. Vol
2,558,833
52-wk High
$11.70
52-wk Low
$4.28

Chart for

About

MEG Energy Corp (MEG) is a Canada-based oil sands company. It is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is engaged in developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods.... (more)

Overall

Beta: 3.72
Market Cap(Mil.): $1,584.92
Shares Outstanding(Mil.): 294.05
Dividend: --
Yield (%): --

Financials

  MEG.TO Industry Sector
P/E (TTM): -- 14.33 16.03
EPS (TTM): -1.46 -- --
ROI: -3.47 7.01 10.71
ROE: -8.12 18.52 13.93

Despite 60 percent support, Canada's Husky scrapped MEG oil merger

TORONTO/WINNIPEG, Manitoba 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.

Jan 23 2019

DEALTALK-Despite 60 pct support, Canada's Husky scrapped MEG oil merger

TORONTO/WINNIPEG, Manitoba, Jan 23 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.

Jan 23 2019

MEG Energy cuts capital expenses to C$275 mln in 2019

Canadian oil sands producer MEG Energy Corp 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.

Jan 22 2019

UPDATE 1-MEG Energy cuts capital expenses to C$275 mln in 2019

Jan 22 Canadian oil sands producer MEG Energy Corp 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.

Jan 22 2019

MEG Energy expects to spend up to C$275 mln in 2019

Jan 22 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 .

Jan 22 2019

Exclusive: Canadian oil firm MEG says Husky balked at friendly takeover talks

WINNIPEG, Manitoba 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.

Jan 18 2019

Deals of the day-Mergers and acquisitions

Jan 17 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

Jan 17 2019

Husky scraps bid for oil rival MEG Energy, citing Alberta output cuts

Canadian oil producer Husky Energy shocked investors on Thursday when it abandoned its hostile bid for MEG Energy , saying it could not win sufficient MEG shareholder support after Alberta's government ordered production cuts to reduce a crude glut.

Jan 17 2019

UPDATE 4-Husky scraps bid for oil rival MEG Energy, citing Alberta output cuts

Jan 17 Canadian oil producer Husky Energy shocked investors on Thursday when it abandoned its hostile bid for MEG Energy, saying it could not win sufficient MEG shareholder support after Alberta's government ordered production cuts to reduce a crude glut.

Jan 17 2019

CANADA STOCKS-TSX futures fall on dip in oil prices

Jan 17 Stock futures for Canada's main stock index traded lower on Thursday pressured by a fall in oil prices, as U.S. crude production neared a record 12 million barrels per day in early January.

Jan 17 2019

Earnings vs. Estimates