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MEG, Suncor at 52-Week Highs on News

MEG Energy Corp. (T.MEG) hit a new 52-week high of $22.19 Tuesday. MEG announced that as a part of a 15 million share block trade on the TSX at a price of $21.85 per share, the Corporation has repurchased 3.4 million shares for cancellation using the block purchase exception under its normal course issuer bid (“NCIB”) and other institutional shareholders have purchased the remaining shares of the block. The Corporation has 23.6 million shares remaining under its current NCIB which expires on March 9, 2023.

Suncor Energy Inc. (T.SU) hit a new 52-week high of $52.12 Tuesday. Suncor has increased its ownership in the White Rose asset. In exchange for a cash payment of approximately $50 million from Cenovus to Suncor and in accordance with the conditional agreement announced on September 8, 2021, Suncor's interest in the White Rose asset increases from 27.5% to 40.0% and in the West White Rose project from 26.1% to 38.6%.

ARC Resources Ltd. (T.ARX) hit a new 52-week high of $18.98 Tuesday. No news stories available today.

Birchcliff Energy Ltd. (T.BIR) hit a new 52-week high of $11.51 Tuesday. No news stories available today.

Baytex Energy Corp. (T.BTE) hit a new 52-week high of $7.06 Tuesday. No news stories available today.

Banyan Gold Corp. (V.BYN) hit a new 52-week high of 50 cents Tuesday. No news stories available today.

Crescent Point Energy Corp. (T.CPG) hit a new 52-week high of $11.31 Tuesday. No news stories available today.

Crew Energy Inc. (T.CR) hit a new 52-week high of $6.44 Tuesday. No news stories available today.

Cenovus Energy Inc. (T.CVE) hit a new 52-week high of $30.11 Tuesday. No news stories available today.

CWC Energy Services Corp. (V.CWC) hit a new 52-week high of 31 cents Tuesday. No news stories available today.

Enerplus Corporation (T.ERF) hit a new 52-week high of $19.10 Tuesday. No news stories available today.

Hemisphere Energy Corporation (V.HME) hit a new 52-week high of $1.71 Tuesday. No news stories available today.

Imperial Oil Limited (T.IMO) hit a new 52-week high of $71.95 Tuesday. No news stories available today.

Journey Energy Inc. (T.JOY) hit a new 52-week high of $7.41 Tuesday. No news stories available today.

Kelt Exploration Ltd. (T.KEL) hit a new 52-week high of $7.24 Tuesday. No news stories available today.

NuVista Energy Ltd. (T.NVA) hit a new 52-week high of $13.20 Tuesday. No news stories available today.

Obsidian Energy Ltd. (T.OBE) hit a new 52-week high of $12.27 Tuesday. No news stories available today.

Ovintiv Inc. (T.OVV) hit a new 52-week high of $72.48 Tuesday. No news stories available today.

Pieridae Energy Limited (T.PEA) hit a new 52-week high of $1.70 Tuesday. No news stories available today.

Peyto Exploration & Development Corp. (T.PEY) hit a new 52-week high of $15.56 Tuesday. No news stories available today.

Pipestone Energy Corp. (T.PIPE) hit a new 52-week high of $5.95 Tuesday. No news stories available today.

Perpetual Energy Inc. (T.PMT) hit a new 52-week high of $1.54 Tuesday. No news stories available today.

Paramount Resources Ltd. (T.POU) hit a new 52-week high of $37.95 Tuesday. No news stories available today.

Pembina Pipeline Corporation (T.PPL) hit a new 52-week high of $51.12 Tuesday. No news stories available today.

Petrus Resources Ltd. (T.PRQ) hit a new 52-week high of $2.97 Tuesday. No news stories available today.

Recharge Resources Ltd. (C.RR) hit a new 52-week high of 24 cents Tuesday. No news stories available today.

Shawcor Ltd. (T.SCL) hit a new 52-week high of $6.71 Tuesday. No news stories available today.

Spartan Delta Corp. (T.SDE) hit a new 52-week high of $14.56 Tuesday. No news stories available today.

Secure Energy Services Inc. (T.SES) hit a new 52-week high of $7.22 Tuesday. No news stories available today.

Sigma Lithium Corporation (V.SGML) hit a new 52-week high of $20.85 Tuesday. No news stories available today.

Surge Energy Inc. (T.SGY) hit a new 52-week high of $11.69 Tuesday. No news stories available today.

PetroTal Corp. (V.TAL) hit a new 52-week high of 81 cents Tuesday. No news stories available today.

Total Energy Services Inc. (T.TOT) hit a new 52-week high of $9.35 Tuesday. No news stories available today.

Tourmaline Oil Corp. (T.TOU) hit a new 52-week high of $78.74 Tuesday. No news stories available today.

Vital Energy Inc. (V.VUX) hit a new 52-week high of 46 cents Tuesday. No news stories available today.

Whitecap Resources Inc. (T.WCP) hit a new 52-week high of $11.17 Tuesday. No news stories available today.

Yangarra Resources Ltd. (T.YGR) hit a new 52-week high of $3.42 Tuesday. No news stories available today.