MEG Energy Corp.

• MEG Energy again increases annual production guidance after 3rd quarter results

  MEG Energy Corp. boosted its output forecast for the year after swinging to a $54-million profit in its latest quarter on a doubling of revenues.

  Money

  Nov 8, 2021
  
• MEG Energy boosts 2021 production guidance on strong 6 months and Q2 profits

  MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on a near doubling of revenues.

  Money

  Jul 23, 2021
  
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• Several Canadian oilsands operators commit to become net zero emitters by 2050

  A large part of the strategy includes building a carbon sequestration facility in Cold Lake, Alta. The group says it would be available for other industries to use as well.

  Environment

  Jun 9, 2021
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• MEG Energy CEO deflects takeover speculation as oilsands firm reports Q3 loss

  It's business as usual for oilsands producer MEG Energy Corp., its CEO says, despite speculation it could be a takeover target.

  Money

  Oct 27, 2020
• MEG Energy records bigger Q2 loss on lower oil prices, reduced bitumen output

  Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices.

  Money

  Jul 27, 2020
• Oilpatch optimism expected to rise as difficult second quarter finally ends: analysts

  Analysts say a rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results starting next week.

  Canada

  Jul 14, 2020
• MEG Energy cuts capital spending plan again, reports $284M Q1 loss

  MEG Energy cut its capital spending guidance for a second time due to the COVID-19 pandemic as it reported a first-quarter loss of $284 million.

  Economy

  May 5, 2020
• Seven Generations and MEG Energy cut capital spending plans for 2020

  A pair of big names in Canada's oilpatch is cutting their capital spending plans in the wake of the sharp plunge in oil prices.

  Canada

  Mar 11, 2020
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• MEG Energy reports $26M fourth-quarter profit

  MEG reported a profit of $26 million in its latest quarter compared with a loss of $199 million in the same quarter a year earlier.

  Economy

  Mar 5, 2020
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• Canadian oil stocks rise as U.S. airstrike stokes fears of market disruption

  Analysts say they don't expect an immediate jump in gasoline pump prices, but it could happen if tensions remain heightened.

  Canada

  Jan 3, 2020