MEG Energy posts $225-million profit, completes turnaround at Christina Lake facility
MEG Energy Inc. reported a $225-million profit in its latest quarter as it completed on time and on budget the planned turnaround at its Christina Lake Phase 2B facility.
The Calgary-based oilsands developer says it earned 72 cents per diluted share in the second quarter, compared with 22 cents per share or $68 million a year earlier.
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