MEG Energy Corp.

MEG Energy Corp. reported its full year 2020 operational and financial results. Highlights include: Free cash flow of $129 million driven by adjusted funds flow of $278 million and disciplined capital spend of $149 million; Bitumen production volumes of 82,441 barrels per day at a steam-oil ratio of 2.3; Repayment of $132 million of long-term debt [...]

2020 Annual Results Release: March 3, 2021 after market close Conference Call Details: March 4, 2021 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on March 4, 2021 at [...]

MEG Energy Corp. today announced that it has successfully closed its previously announced offering of US$600 million in aggregate principal amount of 5.875% senior unsecured notes due February 2029. MEG intends to use the net proceeds of the offering, together with cash on hand, to redeem in full US$600 million in aggregate principal amount of its [...]

MEG Energy Corp. announced the pricing of its previously announced offering of US$600 million in aggregate principal amount of senior unsecured notes. The notes will bear interest at 5.875% per annum and are due in 2029. MEG intends to use the net proceeds of the offering, together with cash on hand, to redeem in full US$600 million in aggregate [...]

All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen sales unless otherwise noted MEG Energy Corp. announced today its preliminary estimates of expected ranges of certain financial and operating data for the three months and year ended December 31, 2020. The table below presents management's [...]

MEG Energy Corp. announced today that, subject to market and other conditions, it plans to commence a private offering of US$600 million in aggregate principal amount of senior unsecured notes due 2029 . MEG intends to use the net proceeds of the offering, if completed, and cash on hand to redeem in full its US$600 million aggregate principal [...]

All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen sales unless otherwise noted MEG Energy Corp. announced today its 2021 capital investment plan and operational guidance. Highlights include: 2021 capital budget of $260 million, expected to be fully funded within internally generated 2021 cash [...]

All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen sales unless otherwise noted MEG Energy Corp. reported its third quarter of 2020 operational and financial results. MEG continues to proactively respond to the safety and financial challenges associated with the COVID-19 pandemic and remains [...]

Third Quarter 2020 Release: October 26, 2020 after market close Conference Call Details: October 27, 2020 8:30am ET / 6:30am MT Due to high call volumes, it may take more than one attempt to connect. Please dial in early. Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference [...]

MEG Energy Corp. reported its second quarter 2020 operational and financial results. MEG continues to proactively respond to the safety and financial challenges associated with the COVID-19 pandemic and remains committed to ensuring the health and safety of all of its personnel and the safe and reliable operation of the Christina Lake facility [...]