MEG Energy Corp. (MEG.TO)

21.96 +0.14 (+0.64%) At close: 04:00PM EDT

MEG Energy Corp.

600 – 3rd Avenue SW
25th Floor
Calgary, AB T2P 0G5
Canada

https://www.megenergy.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full Time Employees: 411

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Derek W. Evans B.Sc., P. Eng.	Pres, CEO & Director	1.7M	N/A	1957
Mr. Eric Lloyd Toews C.A., CPA, CA, CPA	Chief Financial Officer	913.88k	N/A	N/A
Ms. Darlene M. Gates	Chief Operating Officer	874.79k	N/A	N/A
Mr. Chi-Tak Yee P.Eng.	Chief Technology Officer	916.8k	363.5k	N/A
Mr. Lyle S. Yuzdepski	Sr. VP of Legal, Gen. Counsel & Corp. Sec.	692.33k	N/A	N/A
Ms. Helen Kelly MBA	Director of Investor Relations	N/A	N/A	N/A
Mr. David Michael Granger	VP HR	N/A	N/A	N/A

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. The company transports and sells thermal oil to refiners in North America and internationally. As of December 31, 2021, it had approximately 2.0 billion barrels of gross proved plus probable bitumen reserves at the Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.

Corporate Governance

MEG Energy Corp.’s ISS Governance QualityScore as of May 1, 2022 is 1. The pillar scores are Audit: 3; Board: 2; Shareholder Rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.