MEG Energy Corp.

2019 Annual Results Release: March 4, 2020 after market close Conference Call Details: March 5, 2020 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Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on March 5, 2020 at: www.megenergy.com/investors/presentations-and-events About MEG MEG is an energy [...]

MEG Energy Corp. today announced that it has successfully closed its previously announced offering of US$1,200 million in aggregate principal amount of 7.125% senior unsecured notes due February 2027 . MEG intends to use the net proceeds of the offering, together with cash on hand, to refinance its US$800 million in aggregate principal amount of 6.375% senior unsecured notes due January 2023 by way of a previously [...]

MEG Energy Corp. today announced the pricing and an increase in the size of its previously announced offering of US$800 million in aggregate principal amount of senior unsecured notes . MEG is increasing the total size of the offering to US$1,200 million from US$800 million. The notes will bear interest at 7.125% per annum and are due in 2027. MEG intends to use the net proceeds of the offering, together with cash on [...]

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, 2019. The table below presents management's preliminary estimates, based on the information and data currently available, of [...]

MEG Energy Corp. announced today that, subject to market and other conditions, it plans to commence a private offering of US$800 million in aggregate principal amount of senior unsecured notes due 2027 . MEG intends to use the net proceeds of the offering, if completed, and cash on hand to redeem in full its US$800 million aggregate principal amount of 6.375% senior unsecured notes due January 2023 and pay fees and [...]

MEG Energy Corp. announced today it has successfully completed rail contracting to support its 2020 production guidance. On November 21, MEG announced 2020 production guidance of 94,000 to 97,000 bpd of bitumen which was dependent in part on the Corporation's ability to re-contract a significant portion of its rail loading capacity which was previously contracted for blend sales agreements with the Alberta Petroleum [...]

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 2020 capital investment plan and operational guidance. Highlights include: A capital budget of $250 million, to be fully funded with a portion of expected 2020 adjusted funds flow; 2020 production guidance of 94,000 to 97,000 bpd, which takes into account [...]

All financial figures are in Canadian dollars  and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY, Oct. 30, 2019 /CNW/ - MEG Energy Corp. reported its third quarter 2019 operational and financial results. Highlights include: Adjusted funds flow of $192 million and $152 million free cash flow in the quarter. For the nine months ended September 30, 2019, MEG has generated free cash [...]

Third Quarter Results Release: October 30th after market close Conference Call Details: October 31st 8:30 am ET / 6:30 am MT Dial-in Numbers: Toll Free: 1-888-390-0546 International:  1-416-764-8688 Replay: Available by 12:00 pm MT / 2:00 pm ET same day at: www.megenergy.com/investors/presentations-and-events   For further information, please contact: Investor Relations T 403.767.6206 E invest@megenergy.com Media [...]

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 second quarter 2019 operational and financial results. Highlights include: Record free cash flow of $195 million and adjusted funds flow of $227 million in the quarter. For the 6 months ended June 30, 2019 MEG generated free cash flow of $293 million; Bitumen [...]