MEG Energy Corp.

Equities

MEG

CA5527041084

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 01:30:00 15/06/2024 am IST			5-day change	1st Jan Change
27.71 ^CAD	-0.22%		-2.12%	+17.07%

06/06	MEG Energy Brief: Raised To Buy From Hold at TD Cowen, according to BNN TV; Shares Up 2.5%	MT
08/05	MEG Energy Corp. Approves Election of Robert R. Rooney as Director	CI

Tranche Update on MEG Energy Corp.'s Equity Buyback Plan announced on March 8, 2023.

May 07, 2024 at 02:35 am IST

From January 1, 2024 to March 9, 2024, the company has repurchased 4,730,000 shares, representing 1.72% for CAD 127 million. With this, the company has completed the repurchase of 18,830,000 shares, representing 6.67% for CAD 470 million under the buyback announced on March 8, 2023.

Latest news about MEG Energy Corp.

MEG Energy Brief: Raised To Buy From Hold at TD Cowen, according to BNN TV; Shares Up 2.5%	06/06	MT
MEG Energy Corp. Approves Election of Robert R. Rooney as Director	08/05	CI
Transcript : MEG Energy Corp. - Shareholder/Analyst Call	08/05
MEG Energy's Sector Perform Rating, $37 Price Target Maintained by National Bank of Canada	07/05	MT
MEG Energy Maintained at Buy at TPH Following First-Quarter Results; Price Target at C$40.00	07/05	MT
Transcript : MEG Energy Corp., Q1 2024 Earnings Call, May 07, 2024	07/05
MEG Energy Brief: Co expects additional Canada pipeline capacity from the imminent start up of TMX will Narrow heavy oil differentials, reduce differential volatility and improve netbacks on all of MEG's production	07/05	MT
MEG Energy Brief: Says Bitumen production averaged Near 104,000 barrels per day In Q1, and $217 million of free cash flow supported Repurchase of 4.7 million shares and $142 million of debt redemption	07/05	MT
MEG Energy Brief: Q1 Funds flow from operating activities and adjusted funds flow of $329 million, or $1.19 per share	07/05	MT
MEG Energy Brief: 2024 operating and capital guidance remains unchanged	07/05	MT
MEG Energy Brief: Q1 Per share, diluted $0.36	07/05	MT
Tranche Update on MEG Energy Corp.'s Equity Buyback Plan announced on March 6, 2024.	07/05	CI
Tranche Update on MEG Energy Corp.'s Equity Buyback Plan announced on March 8, 2023.	07/05	CI
MEG Energy Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	07/05	CI
Meg Energy Corp. Announces Consolidated Operating Results for the First Quarter Ended March 31, 2024	07/05	CI
North American Morning Briefing : Stock Futures Rise as Hopes of Rate Cut Return	06/05	DJ
Reliance buys its first Canadian crude from Trans Mountain pipeline, sources say	29/04	RE
With oil set to flow, what next for Canada's Trans Mountain pipeline expansion?	29/04	RE
MEG Energy Maintained at Buy at TPH Ahead of First-Quarter Results; Price Target at C$40.00	23/04	MT
RBC Capital Markets Details Bitumen Production In Alberta For February	26/03	MT
CIBC Raises Price Target on 6 Canadian Energy Stocks	22/03	MT
MEG Energy Corp.'s Equity Buyback announced on March 8, 2023, has expired with 18,830,000 shares, representing 6.67% for CAD 470 million.	09/03	CI
MEG Energy Corp. announces an Equity Buyback for 24,007,526 shares, representing 8.82% of its issued share capital.	07/03	CI
MEG Energy Brief: Bid will become effective on March 11, 2024 and will terminate on March 10, 2025 or such earlier time as the Bid is completed or terminated at the option of MEG	07/03	MT
MEG Energy Brief: Co will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 24,007,526 common shares of the Corporation	07/03	MT

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Company Profile

MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.

Sector

Oil & Gas Exploration and Production

Calendar

25/07/2024 - Q2 2024 Earnings Release

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