MEG Energy announces today that the Toronto Stock Exchange has approved the renewal of the Corporation's normal course issuer bid. Pursuant to the Bid, MEG will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 28,596,214 common shares of the Corporation. The Bid will become effective on March 10, 2023 and will terminate on March 9, 2024 or such earlier time as the Bid is [...]
All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, blend sales, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of [...]
2022 Annual Results Release: Monday, February 27, 2023 after market close Conference Call Details: Tuesday, February 28, 2023 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Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on February 28, 2023 at: www.megenergy.com/investors/presentations-and-events [...]
All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen sales unless otherwise noted MEG Energy Corp. today announced its 2023 capital investment plan and operational guidance. Highlights include: Annual production guidance of 100,000 to 105,000 bbls/d including a planned Q2 turnaround which will impact full year production by approximately 6,000 bbls/d; Capital investments of [...]
All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, blend sales, bitumen realization, operating expenses net of power revenue, non-energy operating costs, energy operating costs, adjusted funds [...]
Third Quarter Results Release: Wednesday, November 9, 2022 after market close Conference Call Details: Thursday, November 10, 2022 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Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on November 10, 2022 at [...]
All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, blend sales, bitumen realization, net transportation and storage, operating expenses net of power revenue, non-energy operating costs, energy [...]
Second Quarter Results Release: Thursday, July 28, 2022 after market close Conference Call Details: Friday, July 29, 2022 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 July 29, 2022 at: www.megenergy.com/investors/presentations-and-events About MEG [...]
MEG Energy Corp. announces the appointment of Gary Bosgoed to its board of directors and the retirement of Grant Billing. "We wish to thank Grant for his dedication and significant contributions to MEG and the Board during his three years of service," said Ian D. Bruce, Chair of the Board of Directors. "We wish Grant and his family all the best following his retirement." Mr. Bruce added: "We are pleased to welcome Gary to [...]
All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen unless otherwise noted. MEG Energy Corp. announces operational update, inaugural share repurchases, continued debt reduction and renewal of credit facilities. Operational Update During the second quarter of 2022 the Corporation took its Christina Lake Phase 2B facility down for a scheduled major turnaround. As previously [...]
MEG Energy Corp. is pleased to announce that Ryan Kubik will be the Corporation's new Chief Financial Officer effective August 1, 2022. Mr. Kubik will succeed Mr. Eric Toews who, as previously announced, plans to retire effective September 1, 2022. Following Mr. Kubik's appointment, Mr. Toews will remain with the Corporation until September 1, 2022 to ensure a smooth transition. "We are excited to have Ryan join the MEG [...]
All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen unless otherwise noted MEG Energy Corp. is pleased to announce that as a part of a 15 million share block trade on the TSX at a price of $21.85 per share, the Corporation has repurchased 3.4 million shares for cancellation using the block purchase exception under its normal course issuer bid and other institutional [...]
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