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MEG Energy Corp (MEG.TO)

MEG.TO on Toronto Stock Exchange

5.50CAD
22 Feb 2019
Change (% chg)

$0.12 (+2.23%)
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$5.38
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$5.43
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Volume
2,032,391
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$11.70
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Wed, Jan 23 2019

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Despite 60 percent support, Canada's Husky scrapped MEG oil merger

TORONTO/WINNIPEG, Manitoba When the final numbers were tallied late last Wednesday for Husky Energy's hostile bid for rival Canadian oil producer MEG Energy, Husky's top executives learned they had the support of nearly 60 percent of MEG shareholders, people familiar with the situation told Reuters.

DEALTALK-Despite 60 pct support, Canada's Husky scrapped MEG oil merger

TORONTO/WINNIPEG, Manitoba, Jan 23 When the final numbers were tallied late last Wednesday for Husky Energy's hostile bid for rival Canadian oil producer MEG Energy, Husky's top executives learned they had the support of nearly 60 percent of MEG shareholders, people familiar with the situation told Reuters.

MEG Energy cuts capital expenses to C$275 mln in 2019

Canadian oil sands producer MEG Energy Corp said on Tuesday it would halve its capital spending to a maximum of C$275 million ($206.33 million) this year amid a global supply glut.

UPDATE 1-MEG Energy cuts capital expenses to C$275 mln in 2019

Jan 22 Canadian oil sands producer MEG Energy Corp said on Tuesday it would halve its capital spending to a maximum of C$275 million ($206.33 million) this year amid a global supply glut.

MEG Energy expects to spend up to C$275 mln in 2019

Jan 22 Canadian oil sands producer MEG Energy Corp said on Tuesday it expects to spend up to C$275 million ($206.33 million) this year, after fighting off a hostile bid last week from bigger rival Husky Energy Inc .

Exclusive: Canadian oil firm MEG says Husky balked at friendly takeover talks

WINNIPEG, Manitoba Canadian oil producer MEG Energy Corp's CEO invited his Husky Energy Inc counterpart this month to negotiate a friendly takeover of MEG, but Husky did not follow up, MEG's vice president of investor relations John Rogers said on Friday.

Exclusive: Canadian oil firm MEG says Husky balked at friendly takeover talks

WINNIPEG, Manitoba Canadian oil producer MEG Energy Corp's CEO invited his Husky Energy Inc counterpart this month to negotiate a friendly takeover of MEG, but Husky did not follow up, MEG's vice president of investor relations John Rogers said on Friday.

Husky scraps bid for oil rival MEG Energy, citing Alberta output cuts

Canadian oil producer Husky Energy shocked investors on Thursday when it abandoned its hostile bid for MEG Energy , saying it could not win sufficient MEG shareholder support after Alberta's government ordered production cuts to reduce a crude glut.

UPDATE 4-Husky scraps bid for oil rival MEG Energy, citing Alberta output cuts

Jan 17 Canadian oil producer Husky Energy shocked investors on Thursday when it abandoned its hostile bid for MEG Energy, saying it could not win sufficient MEG shareholder support after Alberta's government ordered production cuts to reduce a crude glut.

Husky Energy to receive majority support in MEG takeover bid -sources

Jan 16 Husky Energy Inc expects to secure over 50 percent support from MEG Energy shareholders for Husky's unsolicited offer to take over the rival oil producer by Wednesday's deadline, people familiar with the situation told Reuters.

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