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MEG Energy Corp (MEG.TO)

MEG.TO on Toronto Stock Exchange

9.73CAD
23 May 2018
Change (% chg)

$0.42 (+4.51%)
Prev Close
$9.31
Open
$9.42
Day's High
$9.79
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$9.22
Volume
4,917,525
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52-wk High
$9.92
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$3.28

Latest Key Developments (Source: Significant Developments)

Meg Energy Says CEO And President Bill Mccaffrey To Retire
Monday, 23 Apr 2018 

April 23 (Reuters) - MEG Energy Corp ::SAYS CEO AND PRESIDENT BILL MCCAFFREY TO RETIRE.HARVEY DOERR WILL ACT AS INTERIM CEO DURING SEARCH PROCESS.  Full Article

MEG Energy Announces 2018 Capital Investment Plan
Friday, 1 Dec 2017 

Dec 1 (Reuters) - MEG Energy Corp ::MEG ENERGY ANNOUNCES 2018 CAPITAL INVESTMENT PLAN SUPPORTING PRODUCTION TO 100,000 BPD, SETS THE STAGE FOR CONTINUED GROWTH IN 2019.MEG ENERGY CORP - SEES A 2018 CAPITAL BUDGET OF $510 MILLION.MEG ENERGY - FINANCIAL RESOURCES AVAILABLE TO CO TO FUND ITS 2018 CAPITAL PROGRAM INCLUDE EXPECTED INTERNALLY GENERATED CASH FLOW AND CASH ON HAND.MEG ENERGY CORP - TARGETED 2018 AVERAGE PRODUCTION IN RANGE OF 85,000 TO 88,000 BPD, 2018 EXIT PRODUCTION IN RANGE OF 95,000 TO 100,000 BPD.MEG ENERGY CORP - SEES A 2018 CAPITAL BUDGET OF $510 MILLION.MEG ENERGY - TO INVEST REMAINING $120 MILLION OF ESTIMATED COST TO COMPLETE IMPLEMENTATION OF EMSAGP GROWTH INITIATIVE AT CHRISTINA LAKE PHASE 2B IN 2018.MEG ENERGY CORP - 2018 CAPITAL PROGRAM SETS STAGE FOR PRODUCTION GROWTH OF APPROXIMATELY 8 TO 10% IN 2019.MEG ENERGY CORP - RELATED NON-ENERGY OPERATING COSTS FOR 2018 ARE ANTICIPATED TO BE IN RANGE OF $4.75 TO $5.25 PER BARREL.MEG ENERGY CORP - 2018 OPERATIONAL GUIDANCE TAKES INTO ACCOUNT A 35-DAY TURNAROUND AT CHRISTINA LAKE PHASE 2B PRODUCTION FACILITY PLANNED FOR Q2 2018.  Full Article

Meg Energy Corp Q3 operating ‍loss per share $0.14​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Meg Energy Corp :Meg Energy reports strong operating and financial results and ongoing efficiency gains for the third quarter of 2017, contributing to an $80 million reduction in its 2017 capital investment and a further decrease in non-energy operating cost guidance.Meg Energy Corp qtrly operating ‍loss per share $0.14​.Meg Energy Corp qtrly earnings per share $‍0.28​.Meg Energy Corp - ‍Q3 2017 production averaged 83,008 bpd, compared to 72,448 bpd for previous quarter​.Meg Energy Corp - ‍remains on track to meet 2017 average production guidance of 80,000-82,000 bpd & exit year with production of 86,000-89,000 bpd​.Meg Energy Corp - ‍company has reduced its 2017 capital investment program to $510 million​.Meg Energy Corp - ‍now anticipate spending $350 million on implementation of EMSAGP on phase 2b​.  Full Article

Meg energy production of 83,127 BPD in q2 of 2016
Thursday, 28 Jul 2016 

Meg Energy Corp : Production of 83,127 bpd in q2 of 2016 . Expects to meet annual production guidance of 80,000 to 83,000 bpd . Q2 loss per share $0.65 Further company coverage: [MEG.TO] (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).  Full Article

BRIEF-Meg Energy Reports Qtrly Earnings Per Share Of $0.47

* MEG ENERGY CORP - Q1 PRODUCTION VOLUMES OF 93,207 BARRELS PER DAY