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MEG Energy Corp

Company Summary

Description

MEG Energy Corp. is a Canadian oil sands company focused on sustainable in situ development and production in the southern Athabasca oil sands region of Alberta.

Website

http://www.megenergy.com

Operational Regions

  • Fort McMurray Region
  • Western Canadian Sedimentary Basin
  • Athabasca Oil Sands

Financial Data:


Tickers:

  • MEG - Toronto Stock Exchange

Related Entities

Recent news

  • 3/20/2024 - Trans Mountain Pipeline... (subscriber access)
  • 3/7/2024 - MEG Energy Granted... (subscriber access)
  • 3/10/2023 - Toronto Stock Exchange... (subscriber access)
  • 3/2/2023 - MEG Energy Forecasts... (subscriber access)
  • 3/2/2023 - MEG Energy Sees Rise in... (subscriber access)

Investor Presentations

  • December 2022 Investor Presentation
  • 2Q20 Investor Presentation (subscriber access)
  • April 2019 Presentation (subscriber access)
  • March 2019 Corporate Presentation (subscriber access)
  • Investor Presentation - June 2017 (subscriber access)
  • Investor Presentation - May 2017 (subscriber access)
  • Investor Presentation - February 2017 (subscriber access)
  • Investor Presentation - November 2016 (subscriber access)
  • Investor Presentation - June 2016 (subscriber access)
  • March 2016 Investor Presentation (subscriber access)

Company Transactions

Date: 7/23/2021
Type: Acquisition

SELLERS:
  • MEG Energy Corp
    • DETAILS:

    COST: 44 $MM

    NOTES:
    MEG Energy has divested non-core industrial lands near Edmonton for $44 million. They initially purchased the assets in 2013 for $39 million.

    Date: 9/30/2018
    Type: Acquisition

    BUYERS:
  • Husky Energy Inc
    • SELLERS:
  • MEG Energy Corp
    • DETAILS:

    COST: 6.4 $B

    NOTES:
    Husky Energy has proposed to acquire all outstanding shares of MEG Energy for roughly $3.3 billion and to assume roughly $3.1 billion in net debt for a total transaction value of $6.4 billion.
    REGIONS:
  • Western Canadian Sedimentary Basin