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.
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