MEG Energy Corp

Entity type image
Type: Company
Name: MEG Energy Corp
Nationality: Canada
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Canexus offers $100m of common shares

common shares and use the net proceeds for the ongoing development of unit train capabilities at the corporation's North American Terminal Operations (NATO) at Bruderheim in Alberta, Canada.The company said in December it is expanding NATO to include ... [Published Tank Storage Magazine - May 15 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Canexus arranges $100.04-million bought-deal financing

Canexus Corp. has entered into a bought-deal financing agreement with a syndicate of underwriters, led by CIBC, Scotiabank and National Bank Financial Inc., under which the underwriters have agreed to purchase from Canexus and sell to the public 11.84 ... [Published Stockwatch - May 13 2013]
First reported May 09 2013 - Updated May 09 2013 - 1 reports

Canexus Corporation Announces First Quarter Results

Highlights:Cash Operating Profit was $30.3 million for the three months ended March 31, 2013 ($40.3 million in the first quarter of 2012, and $35.3 million for the fourth quarter of 2012). Distributable Cash was $21.9 million ($0.16 per common share), ... [Published Investors Business Daily - May 09 2013]
First reported May 07 2013 - Updated May 07 2013 - 1 reports

MEG Energy reports net loss for Q1

MEG Energy Corp., a Canada-based oil sands company, has reported a net loss of C$71.29 million, or C$0.32 loss per diluted share, for the first quarter ended March 31, 2013, compared to a net income of C$53.37 million, or C$0.27 per diluted share, for ... [Published Individual.com - May 07 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

MEG shareholders re-elect eight-member board

MEG Energy Corp. has released the voting results for the election of directors at its annual and special meeting of shareholders held on May 2, 2013. Shareholders re-elected all directors nominated by management. The results are summarized in the attached ... [Published Stockwatch - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 2 reports

MEG Energy provides voting results for the election of directors

MEG Energy Corp. ("MEG") announces the voting results for the election of directors at its Annual and Special Meeting of Shareholders held on May 2, 2013. Shareholders re-elected all directors nominated by management, the results being as follows: MEG ... [Published Individual.com - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

MEG Energy provides voting results for the election of directors

/CNW/ - MEG Energy Corp. ("MEG") announces the voting results for the election of directors at its Annual and Special Meeting of Shareholders held on May 2, 2013. Shareholders re-elected all directors nominated by management, the results being as fol ... [Published Morningstar.com - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

MEG Energy provides voting results for the election of directors

Canada NewsWireCALGARY, May 6, 2013CALGARYMEG Energy Corp. is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada SOURCE: MEG Energy Corp. ... [Published Digital Journal - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

MEG Energy provides voting results for the election of directors CNW Group

/CNW/ - MEG Energy Corp. ("MEG") announces the voting results for the election of directors at its Annual and Special Meeting of Shareholders held on May 2, 2013 . Shareholders re-elected all directors nominated by management, the results being as fo ... [Published Yahoo! Finance - May 06 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 2 reports

UPDATE 2-Canada's MEG posts record oil output, eyes new export routes

April 24 (Reuters) - Canadian oil sands producer MEG Energy Corp posted record quarterly output and opened up new export routes to the United States, putting its shares on track for their biggest one-day percentage gain in a year. ... [Published Globe and Mail - Apr 24 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 1 reports

MEG Energy's CEO Discusses Q1 2013 Results - Earnings Call Transcript

MEG Energy Corp. (MEGEF.PK) Q1 2013 Earnings Conference Call April 24, 2013 9:30 AM ETOperatorGood morning. My name is Laurel and I will be your conference operator today. At this time I would like to welcome everyone to the MEG Energy Corporation, first ... [Published Seeking Alpha - Apr 24 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 1 reports

MEG Energy posts loss as weaker Canadian dollar weighs

Canadian oil sands producer MEG Energy Corp reported a first-quarter loss, compared with a profit a year earlier, after a weaker Canadian dollar and lower prices overshadowed higher production. MEG reported a net loss of $71.3-million compared with ... [Published Financial Post - Top Stories - Apr 24 2013]

Quotes

A recent Wall St Journal article tells the tale as well as anyone could. (WSJ, April 9/2013) "Amid a bottleneck of too few pipelines and too much new oil across the U S Midwest, Canadian producers had started agreeing to steeper and steeper discounts to get their oil to American refiners, their only foreign buyers."
...relationships with both producers and with end-use customers unlikely to be served by major pipelines,' says Canexus president and CEO Gary Kubera. "With the potential for further expansion of our Bruderheim terminal to increase unit train capacity, this offering of common shares allows us to maintain a strong balance sheet."
...Gary Kubera, President and Chief Executive Officer. "As we discussed in our May 8, 2013 news release, Canexus continues to expect to deliver record Cash Operating Profit in the second half of the year despite a challenging start to 2013. With the potential for further expansion of our Bruderheim terminal to increase unit train capacity, this offering of common shares allows us to maintain a strong balance sheet."
"You can get to literally every refinery that is in the U S south from the water" he says. MEG has now contracted out enough space on rail and barges to be able to ship all of its bitumen output-currently about 32,000 barrels a da...

More Content

All (77) | News (60) | Reports (3) | Blogs (5) | Audio/Video (0) | Fact Sheets (0) | Press Releases (9)
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House Small Business Subcommittee on Agricultur... [Published Zecco - May 17 2013]
Canexus offers $100m of common shares [Published Tank Storage Magazine - May 15 2013]
Canexus arranges $100.04-million bought-deal fi... [Published Stockwatch - May 13 2013]
What happens if the Keystone XL pipeline is not... [Published Financial Post - Top Stories - May 13 2013]
NEW AMERICA ENERGY CORP: New America Energy Cor... [Published 4 Traders - May 13 2013]
Canexus Corporation Announces First Quarter Res... [Published Investors Business Daily - May 09 2013]
Canexus Corporation Announces First Quarter Res... [Published Yahoo! Finance - May 09 2013]
MEG Energy reports net loss for Q1 [Published Individual.com - May 07 2013]
MEG shareholders re-elect eight-member board [Published Stockwatch - May 06 2013]
MEG Energy provides voting results for the elec... [Published Individual.com - May 06 2013]
MEG Energy provides voting results for the elec... [Published Stockhouse Canada - May 06 2013]
MEG Energy provides voting results for the elec... [Published Morningstar.com - May 06 2013]
MEG Energy provides voting results for the elec... [Published Digital Journal - May 06 2013]
MEG Energy provides voting results for the elec... [Published Yahoo! Finance - May 06 2013]
Encana to sell legacy gas asset in northeast B.C. [Published Globe and Mail - Apr 25 2013]
U.S./Canada daily earnings hits & misses April ... [Published Globe and Mail - Apr 24 2013]
U.S./Canada daily earnings hits & misses April ... [Published Globe and Mail - Apr 24 2013]
MEG posts Q1 loss, low oil prices and weak loon... [Published Proactive Investors USA - Apr 24 2013]
Wednesday's most followed in Canada including B... [Published Proactive Investors USA - Apr 24 2013]
MEG Energy's CEO Discusses Q1 2013 Results - Ea... [Published Seeking Alpha - Apr 24 2013]
UPDATE 2-Canada's MEG posts record oil output, ... [Published Globe and Mail - Apr 24 2013]
MEG Energy's CEO Discusses Q1 2013 Results - Ea... [Published Transcripts from Seeking Alpha - Apr 24 2013]
UPDATE 2-Canada's MEG posts record oil output, ... [Published Reuters - Apr 24 2013]
MEG Energy posts loss as weaker Canadian dollar... [Published Financial Post - Top Stories - Apr 24 2013]
The Canadian Press News Agenda for Wednesday, A... [Published Equities.com - Apr 23 2013]
Politics overshadows Canadian performance [Oil ... [Published Equities.com - Apr 22 2013]
Russia to raise $1.9 billion for road building [Published The Gulf Today - Apr 21 2013]
MEG ENERGY CORP: MEG Energy to release first qu... [Published 4 Traders - Apr 20 2013]
Road Tripping Down the Keystone Pipeline [Published The Globalist - Apr 20 2013]
MEG ENERGY CORP Rating Reiterated by RBC Capita... [Published American Banking News - Apr 20 2013]
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Blogs

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U.S. probe into Canadian Natural, BP unit spark... [Published Financial Post | Business » Legal Post - Apr 12 2013]
CALGARY •An investigation by the United States Commodity Futures Trading Commission into oil trading by top Canadian oil and gas producer Canadian Natural Resources Ltd. and an affiliate of British oil major BP PLC has erupted into a legal showdown between ...
Expansion of the Dirtiest Fuel on the Planet Hi... [Published Switchboard, from NRDC - Feb 20 2013]
Frances Beinecke, President of NRDC, New York City More than 35,000 people gathered in Washington DC on Sunday to urge President Obama to confront climate change. Farmers, religious leaders, scientists, union workers, students, and more came together ...
ACL to begin transporting Canadian crude by inl... [Published Green Car Congress - Dec 23 2012]
American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. (MEG Energy), a subsidiary of the Canadian oil sands company MEG Energy Corp. Crude oil will arrive primarily via pipeline ...
Jack Mintz: Harper is right on SOE takeovers [Published Financial Post | Opinion » FP Comment - Dec 14 2012]
Most criticisms of Ottawa’s SOE position are mystifying This past week I attended the Globes business conference in Israel, only to miss the great brouhaha over the Harper government’s decision to approve the takeovers of Nexen by China’s CNOOC ...
Nexen Approval Paves Way for More Foreign Deals... [Published Energy and energy security - Dec 12 2012]
Canada ’s approval of two Asian takeovers valued at $20 billion may spark more foreign acquisitions of natural gas producers in the country while capping state-owned control of Alberta’s oil sands . Canadian Prime Minister Stephen Harper approved ...
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Press Releases

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Oxford Properties Group Announces New Office To... [Published Marketwire - Breaking News Releases - Apr 04 2013]
MEG Energy CFO retires after helping to build a... [Published PR Newswire: Energy - Mar 18 2013]
MEG Energy reports record quarterly, annual and... [Published Financial Services - Jan 31 2013]
American Commercial Lines to Begin Transporting... [Published Marketwire - Breaking News Releases - Dec 19 2012]
The Caisse de dépôt et placement du Québec anno... [Published PR Newswire: Financial Services - Dec 10 2012]
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