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MEG 3.70 +0.06 (1.65%)
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MEG Energy Corp shares surge as investors position seek out potential takeover ...
Handout/ MEG EnergyMEG's shares had fallen 70 per cent over the past 12 months as investors dumped the stock on worries about the company's high debt load, which is 4.1 times its earnings before interest, taxation, depreciation and amortization.
Is MEG Energy Corp. a Bargain at Less Than $7 Per Share?
Back in mid-2014, MEG Energy Corp. (TSX:MEG) was one of the most attractive stocks in Canada's energy patch. The company had some of the most efficient heavy oil operations in all of Canada and was growing like a weed.
National Bank Financial Increases MEG Energy Corp (MEG) Price Target to C$12.00  EMQ
Broker Update For MEG ENERGY CORP (MEGEF)  Risers & Fallers
MEG cuts 2016 capital spending plan in half to deal with plunging bitumen prices
Oilsands producer MEG Energy Corp. is chopping its 2016 capital budget in half, electing to stall previously stellar growth by capping spending this year at $170 million, down from the $328-million budget announced just two months ago.
MEG Energy reports fourth quarter and full-year 2015 results  BOE Report (press release)
MEG Energy cuts 2016 capital budget in half  Fort McMurray Today
MEG Energy Corp posts big loss and cuts its capital budget
MEG Energy Corp, one of the biggest players in Canada's oilsands, reported a worse-than-expected quarterly operating loss and cut its 2015 capital budget as expenses rose.
MEG Energy net losses mount as poor oil prices counter layoffs, record output  Calgary Herald
MEG Energy posts operating loss, deepens capital spending cuts  Reuters Canada
Suncor Energy Inc, MEG Energy Corp adjust to low oil price world
CALGARY - Oilsands producers Suncor Energy Inc. and MEG Energy Corp. operate different types of projects, but both companies said Thursday they could make them work in the current low oil price environment by pushing down costs.
MEG Energy plans expansions, confirms possible pipeline stake sale
Thermal oilsands producer MEG Energy Corp. confirmed Tuesday is it looking at selling its half-share in the Access Pipeline to pay down debt and allow it to proceed with two new brownfield expansions of between 10,000 and 20,000 barrels per day each.
Why Cenovus Energy Inc. and MEG Energy Corp. Are Ideal Takeover Targets
As oil prices continue to languish, energy analysts are expecting a wave of mergers to hit the sector. This would not be unprecedented.
MEG Energy announces 2016 capital budget and operational guidance
"Our 2016 investment program, with its low level of sustaining and maintenance capital and low non-energy costs, illustrates how well MEG is positioned in the current low-price environment," said Bill McCaffrey, President and Chief Executive Officer.
Surrounding Circumstances? Contractual Interpretation In MEG Energy Corp v ...
MEG Energy Corp v Canexus Corp, 2015 ABQB 361 ("MEG Energy") highlights how, in disputes involving the interpretation of a pipeline construction, interconnection and operating agreement ("Pipeline Agreement"), a court will consider circumstances giving ...
MEG Energy Corp (TSE:MEG) Receives C$13.50 Consensus Target Price from Brokerages
MEG Energy Corp logo MEG Energy Corp (TSE:MEG) has earned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the company, Analyst Ratings Net reports.