MEG Energy reports $67-million in second-quarter profit, down from last year
July 31, 2025
Oil sands producer MEG Energy Corp. MEG-T says its profits fell during the second quarter compared with a year earlier.
Net earnings for the quarter came in at $67-million, or 26 cents per diluted share, compared with $136-million, or 50 cents per diluted share, during the same period last year.
Revenue came in at $757-million during the quarter, down from $1.37-billion a year earlier.
Unpublished Newswire
Ottawa police are asking for the public's help in locating a 25-year-old man last seen around noon on Aug. 28 in the Carling Avenue-Merivale Road area. Read More
August 28, 2025 - 17:57 | Joanne Laucius | Ottawa Citizen
Nova Scotia’s largest wildfire destroyed 20 homes in the Annapolis Valley over the weekend as dry winds fanned the flames of the Long Lake fire that continues to burn out of control. Minister of Emergency Management Kim Masland said 20 homes and at least 11 outbuildings, such as sheds or garages, were destroyed or seriously damaged Sunday.
August 28, 2025 - 17:50 | Lyndsay Armstrong | The Globe and Mail
Spirits maker Diageo DEO-N will cease operations at its bottling facility in Amherstburg, Ont., early next year, as it shifts some bottling volume to the U.S., the company announced on Thursday.The facility, which bottles Crown Royal products, will close in February in a move aimed at improving its North American supply chain.
August 28, 2025 - 17:44 | | The Globe and Mail
Comments
Be the first to comment