Meg Energy

Sustainable. Innovative. Responsible.

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Investor Information

Financial Information

Corporate Presentation

Updated quarterly with the release of financial results.

ESG Report 2021

Read more about MEG’s path to Net Zero operations

Events

Listen to our Q1 Call or watch our 2022 Annual Shareholders Meeting

Latest News

Press Release
July 4, 2022
MEG Energy Announces Changes to Board of Directors
Press Release
June 29, 2022
MEG Energy announces operational update, continued debt repayment, inaugural share repurchases and renewal of credit facilities
Press Release
June 16, 2022
MEG Energy Announces New Chief Financial Officer
Press Release
May 31, 2022
MEG Energy Announces Initiation of Share Buyback Program
Press Release
May 3, 2022
MEG Energy Reports Director Election Voting Results
Press Release
May 2, 2022
MEG Energy announces record first quarter operational and financial results and updated capital allocation strategy
Press Release
April 25, 2022
MEG Energy Announces First Quarter of 2022 Results and Conference Call
Press Release
March 16, 2022
MEG Energy Announces Pending Retirement of Chief Financial Officer
Press Release
March 8, 2022
MEG Receives TSX Approval for Normal Course Issuer Bid
Press Release
March 3, 2022
MEG Energy announces full year 2021 results, additional debt repayment and advancement of shareholder return strategy
Press Release
March 3, 2022
MEG Energy Announces US$171 Million Debt Repayment
Press Release
February 10, 2022
MEG Energy Announces 2021 Annual Results and Conference Call
Press Release
November 29, 2021
MEG Energy announces 2022 capital investment plan, further debt repayment and go-forward capital allocation strategy
Press Release
November 29, 2021
MEG Energy Announces US$225 Million Debt Repayment
Press Release
November 23, 2021
MEG Energy to Announce 2022 Capital Investment Plan
Press Release
November 8, 2021
MEG Energy announces strong third quarter results and revised full year guidance
Press Release
November 1, 2021
MEG Energy Announces Third Quarter of 2021 Results and Conference Call
Press Release
August 25, 2021
MEG Energy Appoints Darlene Gates as Chief Operating Officer
Press Release
July 22, 2021
MEG Energy announces strong second quarter results, further debt repayment, non-core asset sale and revised full year guidance
Press Release
July 22, 2021
MEG Energy Announces US$100 Million Debt Repayment
Press Release
July 15, 2021
MEG Energy Announces Second Quarter of 2021 Results and Conference Call
Press Release
June 17, 2021
MEG Energy Reports Director Election Voting Results
Press Release
June 9, 2021
Canada's largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions
Press Release
May 3, 2021
MEG Energy announces strong first quarter operational and financial performance
Press Release
April 26, 2021
MEG Energy Announces First Quarter of 2021 Results and Conference Call
Press Release
March 3, 2021
MEG Energy announces full year 2020 free cash flow of $129 million, debt repayment of $132 million and 28% year-over-year reduction in G&A expense
Press Release
February 24, 2021
MEG Energy Announces 2020 Annual Results and Conference Call
Press Release
February 2, 2021
MEG Energy Announces Closing of its Offering of Senior Unsecured Notes
Press Release
January 19, 2021
MEG Energy Announces Pricing of 5.875% Senior Unsecured Notes
Press Release
January 19, 2021
MEG Energy Announces Preliminary 2020 Fourth Quarter and Full Year Financial and Operating Data
Press Release
January 19, 2021
MEG Energy Announces US$600 Million Offering of Senior Unsecured Notes
Press Release
December 7, 2020
MEG Energy announces 2021 capital investment plan and operational guidance
Press Release
October 26, 2020
MEG Energy announces third quarter results including successful completion of major plant turnaround, increased production guidance and further cost reductions
Press Release
October 19, 2020
MEG Energy Announces Third Quarter of 2020 Results and Conference Call
Press Release
July 27, 2020
MEG Energy announces second quarter 2020 free cash flow of $69 million, exiting the quarter with credit facility undrawn and $120 million of cash on hand
Press Release
July 20, 2020
MEG Energy Announces Second Quarter of 2020 Results and Conference Call
Press Release
June 18, 2020
MEG Energy Reports Director Election Voting Results
Press Release
May 4, 2020
MEG Energy announces first quarter 2020 free cash flow of $24 million, current full year 2020 hedge book value of $525 million and a further 25% reduction in full year capital investment to $150 million
Press Release
April 27, 2020
MEG Energy Announces First Quarter of 2020 Results and Conference Call
Press Release
March 10, 2020
MEG Energy announces revised $200 million internally funded 2020 capital program
Press Release
March 4, 2020
MEG Energy announces full year 2019 free cash flow of $528 million, debt repayment of $501 million and 18% year over year reduction in G&A expense
Press Release
February 26, 2020
MEG Energy Announces 2019 Annual Results and Conference Call
Press Release
January 31, 2020
MEG Energy Announces Closing of its Offering of Senior Notes
Press Release
January 16, 2020
MEG Energy Announces Pricing and Upsizing of its Offering of Senior Notes
Press Release
January 16, 2020
MEG Energy Announces Preliminary 2019 Fourth Quarter and Full-Year Financial and Operating Data
Press Release
January 16, 2020
MEG Energy Announces US$800 Million Offering of Senior Notes to Refinance and Extend Maturity Profile of its Debt Portfolio
Press Release
December 2, 2019
MEG Energy announces successful completion of its 2020 rail strategy and reaffirms 2020 production guidance
Press Release
November 21, 2019
MEG Energy announces 2020 capital investment plan of $250 million, remains focused on ongoing debt reduction strategy
Press Release
October 30, 2019
MEG Energy announces Q3 free cash flow of $152 million, record low net operating costs and $481 million year-to-date debt repayment
Press Release
October 23, 2019
MEG Energy To Release Third Quarter 2019 Results

Work With Us

You’re probably wondering what it’s like to work at MEG? And most importantly, what makes us different?

The secret to our success is our people. If you are a creative thinker with innovative ideas, MEG may be the place for you! MEG fosters a culture where our people feel valued, engaged and have the opportunity to contribute and succeed.

Let us tell you more!

Life at MEG

Visit www.pathwaysalliance.ca

Helping Canada Achieve its Climate Goals

The Pathways Alliance includes MEG Energy and five of Canada’s largest oil sands producers that collectively represent approximately 95% of oil sands production and have an ambitious plan reach net zero oil by 2050. We’re an essential part of the global energy mix and together, we can help Canada reach its climate goals. Learn more.

About MEG

We’re A Leading Pure Play Thermal Oil Producer

Learn More About Us

Sustainable

We’re an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada.

Innovative

With proven, proprietary innovative technologies, we are reducing our energy and water use, capital and operating costs and greenhouse gas intensity.

Responsible

We’re proud to be part of a vital industry promoting responsible resource development and fueling our economy.

Connect With Us

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#LongWeekendVibes! Wishing everyone a safe and relaxing Canada Day long weekend. We hope you get a chance to experience the great outdoors! 📸 Christina Lake, AB
#LongWeekendVibes! Wishing everyone a safe and relaxing Canada Day long weekend. We hope you get a chance to experience the great outdoors! 📸 Christina Lake, AB
During #PrideMonth2022, we held a garage sale of our excess and outdated swag items in Calgary and Christina Lake and raised $14,798.55!Through our MEG Match program, we doubled the donation to a total of $29,597.10 to C…
During #PrideMonth2022, we held a garage sale of our excess and outdated swag items in Calgary and Christina Lake and raised $14,798.55!Through our MEG Match program, we doubled the donation to a total of $29,597.10 to C…
Happy 2022 International Women in Engineering Day! Celebrating all the extraordinary female engineers at MEG who help inspire change, challenge gender roles, and contribute to our organization and industry’s innovation!…
Happy 2022 International Women in Engineering Day! Celebrating all the extraordinary female engineers at MEG who help inspire change, challenge gender roles, and contribute to our organization and industry’s innovation!…
Happy National Indigenous Peoples Day! Today we celebrate the unique heritage, cultures and contributions of First Nations, Inuit and Metis people. This morning, we were fortunate to have guest speakers, Anne Harding and…
Happy National Indigenous Peoples Day! Today we celebrate the unique heritage, cultures and contributions of First Nations, Inuit and Metis people. This morning, we were fortunate to have guest speakers, Anne Harding and…
Lynx spotting! At Christina Lake we enforce speed limits on all our roads to keep wildlife safe. #thinkbigpicture (Photo by Rick Beaver)
Lynx spotting! At Christina Lake we enforce speed limits on all our roads to keep wildlife safe. #thinkbigpicture (Photo by Rick Beaver)
Swipe to see the winners of MEG’s Caribou Classic Golf Tournament, “Party of Fore”! ➡️🏆⛳️ #MEGtothecore #connectwitheachother #golfyyc
Swipe to see the winners of MEG’s Caribou Classic Golf Tournament, “Party of Fore”! ➡️🏆⛳️ #MEGtothecore #connectwitheachother #golfyyc
#LongWeekendVibes! Wishing everyone a safe and relaxing Canada Day long weekend. We hope you get a chance to experience the great outdoors! 📸 Christina Lake, AB
#LongWeekendVibes! Wishing everyone a safe and relaxing Canada Day long weekend. We hope you get a chance to experience the great outdoors! 📸 Christina Lake, AB

MEG is the leading pure play in situ thermal oil producer in Canada. MEG’s strategy is focused on delivering sustainable free cash flow by leveraging its high-quality assets and exceptional team.

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About Us

Operations

Sustainability

Investors

Careers

MEG is the leading pure play in situ heavy oil producer in Canada. MEG’s strategy is focused on delivering sustainable free cash flow by leveraging its high-quality assets and exceptional team.

Instagram Linkedin

About Us

Operations

Sustainability

Investors

Careers

MEG is the leading pure play in situ heavy oil producer in Canada. MEG’s strategy is focused on delivering sustainable free cash flow by leveraging its high-quality assets and exceptional team.

Instagram Linkedin

About Us

Operations

Sustainability

Investors

Careers

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