Results Release: Thursday, July 31, 2025 after market close Conference Call Details: Friday, August 1, 2025 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.800.715.9871 International: 1.647.932.3411 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on Friday, August 1, 2025 at: https://www.megenergy.com/investors/presentations-events/ About MEG [...]
Waterous Energy Fund Management Corp. , in its capacity as manager of Waterous Energy Fund III LP, Waterous Energy Fund III LP, Waterous Energy Fund III LP, Waterous Energy Fund III LP and Waterous Energy Fund III LP and as manager of certain other limited partnerships, including but not limited to, Waterous Energy Fund LP, Waterous Energy Fund LP, Waterous Energy Fund LP and Waterous Energy Fund II Aggregator LP , today [...]
Offer's share consideration exposes shareholders to a company with inferior assets Selling by WEF and its investors to provide liquidity will put downward pressure on the share price MEG is a uniquely attractive investment opportunity that warrants a premium valuation MEG has initiated a strategic review of alternatives with the potential to surface an offer superior to the Company's compelling standalone plan [...]
MEG Energy Corp. is providing an update on operations at its Christina Lake Regional Project following recent regional wildfires south of the facility. MEG has safely returned all personnel to site and restored its connection to Alberta's electric grid. In addition, MEG has commenced restarting Phase 2B operations after successful completion of the turnaround. "We are deeply grateful for the unwavering support of [...]
MEG Energy Corp. provided an update today on operations at its Christina Lake Regional Project production facilities in response to regional wildfires south of CLRP. As a precautionary measure, MEG Energy has proactively evacuated all non-essential personnel, ensuring the safety of our team while maintaining critical operating staff on site. The wildfire caused an outage to third-party power line infrastructure connecting [...]
MEG Energy Corp. acknowledges the commencement by Strathcona Resources Ltd. of a conditional, unsolicited takeover bid to acquire all of the issued and outstanding MEG common shares not already owned by Strathcona or its affiliates. The MEG Board of Directors , together with its financial and legal advisors, will consider and evaluate the Offer and related takeover bid circular. To assist the Board in its evaluation of [...]
Strathcona Resources Ltd. announced today that it has formally commenced its offer to acquire all of the issued and outstanding common shares of MEG Energy Corp. not already owned by Strathcona or its affiliates for 0.62 of a common share of Strathcona and $4.10 in cash per common share of MEG . The notice and advertisement of the Offer has been placed for publishing in The Globe and Mail and Le Devoir, and the Offer is [...]
Shareholders Advised to Take No Action MEG Energy Corp. acknowledges the announcement by Strathcona Resources Ltd. that Strathcona intends to make an unsolicited offer to acquire all of the issued and outstanding common shares of MEG not already owned by Strathcona or its affiliates. The MEG Board of Directors will consider and evaluate the Strathcona offer and related take-over bid circular, if and when received. No [...]
Strathcona Resources Ltd. announced today that it intends to commence a take-over bid for MEG Energy Corp. , pursuant to which Strathcona will offer to acquire all of the issued and outstanding common shares of MEG , not already owned by Strathcona or its affiliates, for 0.62 of a common share of Strathcona and $4.10 in cash per MEG Share. Based on the closing share price of the Strathcona Shares on the Toronto Stock [...]
Strathcona Resources Ltd. today reported its first quarter 2025 financial and operational results and disclosed an investment in MEG Energy Corp. The Board of Directors also declared a quarterly dividend of $0.30 per share Q1 2025 Highlights Production of 194,609 boe/d Operating Earnings of $322.4 million Free Cash Flow of $184.0 million Three Months Ended March 31, 2025 March 31, 2024 December 31, 2024 WTI 71.42 76.96 [...]
MEG Energy Corp. is pleased to announce that at its annual meeting of shareholders held on May 6, 2025 , all resolutions were approved as follows: Election of Directors Each of the ten nominees listed in its Management Information Circular dated March 17, 2025, were elected as directors. The results of the shares voted in respect of the election of each director are set out below. Votes FOR Votes WITHHELD Nominee [...]
MEG Energy Corp. reported its first quarter 2025 operational and financial results.1 "The work we've done over the past few years establishes a strong financial foundation and lays the groundwork for the next phase of production growth. MEG is in an enviable position to deliver substantial growth in free cash flow per share even through uncertain commodity price environments," said Darlene Gates, President and Chief [...]