MEGEF News and Press, Meg Energy Corp From 05/07/19

Alberta's government production cuts have failed to reduce a glut of oil in the province, according to Genscape data, which says Western Canadian crude storage inventories hit a record high of 37.1M barrels in April. More news on: TC Energy Corporation, Suncor Energy Inc., Imperial Oil L...

MEG Energy Corp (MEGEF) Q1 2019 Earnings Conference Call May 07, 2019, 09:30 ET Company Participants Helen Kelly - Director, IR & External Communications Derek Evans - President, CEO & Director Eric Toews - CFO Chi-Tak Yee - COO Conference Call Participants Greg P...

Meg Energy ( OTCPK:MEGEF ): Q1 GAAP EPS of -C$0.16. More news on: MEG Energy Corp., Earnings news and commentary, Energy stocks news, Read more ...

MEG Energy reports strong adjusted funds flow in first quarter 2019 Canada NewsWire CALGARY, May 6, 2019 All financial figures in Canadian dollars ($ or C$) unless otherwise noted CALGARY , May 6, 2019 /CNW/ - MEG Energy Corp. ("MEG") reported its first quarter 2019 ope...

MEG Energy ( OTCPK:MEGEF ) reported funds flow from operating activities of C$180 million for the fiscal year of 2018. That is as close to running on fumes as most would care to be when the long term debt balance is C$3,740 million. As always, management has a plan to fill the tank with bett...

Canadian energy stocks are mostly higher following yesterday's election of United Conservative Party Leader Jason Kenney as Alberta's premier, turning out Rachel Notley and the New Democratic Party. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited,...

Husky Energy ( OTCPK:HUSKF ) usually flies "under the radar," leaving the limelight to its more famous competitors like Suncor ( SU ). However, this fully integrated company is very profitable and every bit as well run as its more readily identifiable competitors. The relatively low debt ratio...

Following the disastrous WCS prices and the withdrawal of the takeover offer from Husky Energy ( OTCPK:HUSKF ), MEG Energy ( OTCPK:MEGEF ) is set to a new start. The company is reducing its exposure to Canadian oil prices thanks to hedges and transportation agreements to the U.S. refinerie...

Energy stocks extend their three-day rally, as a dive in the U.S. dollar sparks both West Texas and Brent crude oil to five-month highs ; WTI  +1.5% to $64/bbl, Brent +0.8% to $70.93/bbl. More news on: Laredo Petroleum, Inc., Crescent Point Energy Corp., Gran Tierra Energy Inc., E...

Alberta's provincial government eases restrictions on oil production , saying it will increase crude production limits by 25K bbl/day in May and another 25K bbl/day in June, allowing output totaling 3.71M bbl/day. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Re...