OTC Markets OTCPK • USD MEG Energy Corp. (MEGEF) Follow Add holdings 17.96 +0.45 +(2.57%) At close: June 2 at 3:59:15 PM EDT All News Press Releases SEC Filings Alberta Wildfires Shut About 7% of Canada’s Oil Production (Bloomberg) -- Wildfires in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels of daily heavy crude production — about 7% of the country’s output — as a major blaze near the province’s eastern border menaces oil sands operations.Most Read from BloombergBillionaire Steve Cohen Wants NY to Expand Taxpayer-Backed FerryWhere the Wild Children’s Museums AreThe Economic Benefits of Paying Workers to MoveNow With Colorful Blocks, Tirana’s Pyramid Represents a Changing AlbaniaAt MEG Energy Evacuates Non-Essential Personnel From Christina Lake Regional Project Amid Wildfires MEG Energy (MEG.TO) over the weekend said it evacuated all non-essential personnel from Christina La Canadian Wildfires Force Oilsands Evacuations, Stop Oil Flows (Bloomberg) -- Raging Western Canadian wildfires that have forced thousands of people from their homes are now also prompting evacuations from oilsands projects in northern Alberta.Most Read from BloombergBillionaire Steve Cohen Wants NY to Expand Taxpayer-Backed FerryWhere the Wild Children’s Museums AreThe Economic Benefits of Paying Workers to MoveNow With Colorful Blocks, Tirana’s Pyramid Represents a Changing AlbaniaNYC Congestion Toll Brings In $216 Million in First Four MonthsA fire near MEG Energy Safely Evacuates Non-Essential Personnel from Christina Lake Regional Project Amid Wildfires MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) provided an update today on operations at its Christina Lake Regional Project (CLRP) production facilities in response to regional wildfires south of CLRP. Canadian oil sands company evacuates workers due to wildfire threat CALGARY (Reuters) -Canadian oil sands company MEG Energy said on Friday it evacuated all nonessential workers from its Christina Lake production facility in northern Alberta due to wildfires burning in the area. The company said it has not curtailed its oil production at the site, which is located 150 kilometers (93 miles) south of the oil sands hub of Fort McMurray. Wildfires burning in Canada's oil-producing province of Alberta have affected the operations of several companies this week. Update: MEG Energy Counsels Shareholders to Not Act Yet on Strathcona Bid (The earlier story has been updated to reflect MEG Energy's statement.) MEG Energy (MEG.TO) on Fr Strathcona's hostile bid for MEG Energy called the 'largest investment in the Canadian oilpatch in a decade' The terms of the deal are the same as a proposal that was originally made to MEG in April, which the board rejected MEG Energy Urges Shareholders to Take NO ACTION with Respect to Unsolicited Takeover Bid by Strathcona Resources MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) acknowledges the commencement by Strathcona Resources Ltd. ("Strathcona") of a conditional, unsolicited takeover bid (the "Offer") to acquire all of the issued and outstanding MEG common shares not already owned by Strathcona or its affiliates. Strathcona Begins Offer to Buy MEG Energy as Majority Shareholder Commits $662 Million Strathcona Resources' (SCR.TO) tender offer to acquire MEG Energy (MEG.TO) began on Friday as Watero Strathcona Resources Ltd. Commences Offer to Acquire MEG Energy Corp. Strathcona Resources Ltd. ("Strathcona") announced today that it has formally commenced its offer (the "Offer") to acquire all of the issued and outstanding common shares of MEG Energy Corp. (TSX: MEG) ("MEG") not already owned by Strathcona or its affiliates for 0.62 of a common share of Strathcona ("Strathcona Share") and $4.10 in cash per common share of MEG ("MEG Share"). Strathcona Resources Ltd (STHRF) Q1 2025 Earnings Call Highlights: Strategic Moves and Growth ... Strathcona Resources Ltd (STHRF) outlines its strategic shift towards oil sands, major acquisitions, and operational synergies to enhance its position as a leading oil producer in Canada. Strathcona Resources to acquire MEG Energy through takeover bid The offer includes 0.62 of a Strathcona share and C$4.10 ($2.93) in cash per MEG share, representing a 9.3% premium based on the closing price on 15 May 2025. Update On Strathcona Resources Q1; Operating Earnings Jump, Increases Quarterly Dividend (Correcting earlier story to omit reference to Strathcona trying to thwart MEG's agreement from last Correction On MEG Energy Says Will "Consider and Evaluate" Strathcona Unsolicited Offer if and When it Arrives (Correcting and updating earlier report to omit all references to Pan American Silver which recently Update: MEG Energy Says Will "Consider and Evaluate" Strathcona Unsolicited Offer if and When it Arrives (Adds MEG Energy response to Strathcona announcement in first two paragraphs.) MEG Energy (MEG.TO MEG Energy Responds to Strathcona Resources Ltd.'s Announcement of an Intention to Make an Unsolicited Offer MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) acknowledges the announcement by Strathcona Resources Ltd. ("Strathcona") 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. Strathcona Resources Q1 Operating Earnings Jump, Increases Quarterly Dividend Strathcona Resources (SCR.TO) late Thursday reported an increase in first-quarter operating earnings Update: Strathcona Resources to Begin MEG Take-Over Bid Despite MEG's Agreement With Pan American Silver (Adds further details on Strathcona offer in paragraphs four and five) Strathcona Resources (SCR. Strathcona Resources to Begin MEG Take-Over Bid Despite MEG's Agreement With Pan American Silver Strathcona Resources (SCR.TO) overnight Thursday said it intends to commence a take-over bid for MEG Strathcona Makes Takeover Offer for MEG Energy Strathcona has announced a takeover offer for MEG Energy in a deal valued at $4.25 billion, aiming to create a major Canadian oil producer through strategic consolidation. Performance Overview Trailing total returns as of 6/2/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) Return MEGEF S&P/TSX Composite index (^GSPTSE) YTD +12.81% +7.18% 1-Year -16.86% +18.50% 3-Year +1.26% +25.47%