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MEG Energy Releases 2024 Annual Results

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MEG Energy Releases 2024 Annual Results

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MEG Energy ( (TSE:MEG) ) has shared an update.

MEG Energy announced its 2024 annual financial results and scheduled a conference call to discuss the outcomes. The announcement is significant as it provides stakeholders with insights into the company’s financial health and operational strategies, impacting its market positioning and investor confidence.

More about MEG Energy

MEG Energy is an energy company specializing in in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. It focuses on innovative enhanced oil recovery projects using steam-assisted gravity drainage to optimize oil extraction. MEG transports and sells thermal oil to North American and international markets and is part of the Pathways Alliance, comprising Canada’s largest oil sands producers. Its shares are traded on the Toronto Stock Exchange under the symbol ‘MEG’.

YTD Price Performance: -1.68%

Average Trading Volume: 133,402

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $4.26B

For detailed information about MEG stock, go to TipRanks’ Stock Analysis page.

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