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MEG 5.59 -0.10 (-1.76%)
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MEG Energy Corp shares surge as investors position seek out potential takeover ...
Investors rushed back into the Canadian oilpatch in the hopes of picking up the next merger target, after Suncor Energy Inc. announced its unsolicited $4.3-billion takeover bid for Canadian Oil Sands Ltd.
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.
Can MEG Energy Corp. Survive?
Since its IPO in 2010, shares of MEG Energy Corp. (TSX:MEG) have steadily drifted downward from over $30 to an all-time low of $2.60.
MEG Energy net losses mount as poor oil prices counter layoffs, record output
Oilsands producer MEG Energy Corp. reported Wednesday it had cut its staff and contractor count by 30 per cent from a year ago, while noting record production and record low operating costs in the third quarter ended Sept 30.
MEG Energy Corp posts big loss and cuts its capital budget  Financial Post
MEG Energy posts operating loss, deepens capital spending cuts  Reuters Canada
The Globe and Mail
MEG Energy Corp closed at $5.69. Over the last five days, shares have lost 5.17% and are down 29.05% for the last year to date.
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 Corp. Posts a Surprise Profit: Is it Enough?
MEG Energy Corp. (TSX:MEG) has been in a downward spiral. Since 2011, shares have fallen consistently, all the way down to its current level of about $6.
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.
This energy stock is a long-term option on an oil recovery
Enter MEG Energy Corp., which owns a 100-per-cent working interest in two oil sands projects in the southern Athabasca region of Alberta; a 50-per-cent interest in the Access Pipeline (from Fort McMurray to Edmonton); and an Edmonton storage terminal.