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MEGEF News and Press, Meg Energy Corp From 11/27/19

Stock Information

Company Name: Meg Energy Corp
Stock Symbol: MEGEF
Market: OTC
Website: megenergy.com

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MEGEF - Alberta to maintain oil output levels in wake of rail strike

Alberta's government says it will leave its oil production quotas unchange d in January at 3.81M bbl/day, after several consecutive months of easing quotas. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, Energy stocks news, Read more ...

MEGEF - MEG Energy to cut spending, lift output in 2020

MEG Energy ( OTCPK:MEGEF +1.9% ) moves higher after unveiling plans to spend a lower than expected $250M in 2020 while raising its production forecast. More news on: MEG Energy Corp., Energy stocks news, Stocks on the move, Read more ...

MEGEF - Husky Energy: Dividend Growth Is Stalled

Investment Thesis Husky Energy Inc. ( HUSKF ) is advancing a capital plan that projects impressive free cash flow growth over the next 4 years. However, in the near term the company's free cash flow will be committed to capital and potentially a large acquisition. These capital commitments...

MEGEF - Canadian heavy crude drops as CN Rail strike exacerbates supply glut

The price of Canadian heavy crude oil fell yesterday as the strike at Canadian National Railway ( CNI -1% ) curbed oil shipments, with Western Canadian Select's discount to WTI futures widening by $2.90/bbl to $18.90/bbl, Bloomberg reports. More news on: Canadian National Railway Com...

MEGEF - Alberta loosens oil production curbs, allows extra output moved by rail

Alberta makes a move to ease the pain of its crude production caps by allowing oil companies to exceed production limits if they ship the extra production by rail. More news on: Suncor Energy Inc., MEG Energy Corp., Cenovus Energy Inc., Energy stocks news Read more ...

MEGEF - MEG Energy's (MEGEF) CEO Derek Evans on Q3 2019 Results - Earnings Call Transcript

MEG Energy Corp (MEGEF) Q3 2019 Earnings Conference Call October 31, 2019 08:30 AM ET Company Participants Derek Evans – President and Chief Executive Officer Eric Toews – Chief Financial Officer Conference Call Participants John Royall – JPMorgan Emily...

MEGEF - Meg Energy reports Q3 results

Meg Energy ( OTCPK:MEGEF ): Q3 GAAP EPS of C$0.08; Adj FFO of C$0.63. Revenue of C$958M (+19.3% Y/Y). Press Release More news on: MEG Energy Corp., Earnings news and commentary, Energy stocks news,

MEGEF - Alberta sets carbon tax on big industrial emitters including oil sands

Alberta's provincial government says it will introduce a carbon tax of $30/metric ton on large industrial facilities including oil sands plants to align with federal climate law and avoid potential intervention from the Trudeau administration. More news on: Suncor Energy Inc., Canadian N...

MEGEF - Alberta likely nears crude-by-rail deal, sending Canadian heavy oil lower

Canadian heavy oil prices have weakened ahead of an expected announcement that Alberta's provincial government will ease production limits in exchange for shipping more crude by rail. More news on: Suncor Energy Inc., Cenovus Energy Inc., Imperial Oil Limited, Energy stocks news, Commod...

MEGEF - Alberta government trims oil curtailment limits

Canadian crude oil prices are under pressure after Alberta, Canada's main oil-producing province, slightly eased oil curtailments for November and December. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, Energy stocks news, Read more ...

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