CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned a first-time Long-Term Issuer Default Rating (IDR) of ‘B’ to MEG Energy Corp. Approximately CAD $4.9 billion (USD $3.8 billion) is affected by today’s rating action. A full list of rating actions follows at the end of this release. The Rating Outlook is Negative. KEY RATING DRIVERS MEG’s ‘B’ rating reflects its ample liquidity and manageable maturity profile, improving cost structure, and long-lived asset base. These considerations are offset
