March 3 (Reuters) - MEG Energy Corp MEG.TO :
* MEG ENERGY ANNOUNCES FULL YEAR 2020 FREE CASH FLOW OF $129 MILLION, DEBT REPAYMENT OF $132 MILLION AND 28% YEAR-OVER-YEAR REDUCTION IN G&A EXPENSE
* QTRLY BITUMEN PRODUCTION 91,030 BBLS/D VERSUS 94,566 BBLS/D
* QTRLY EARNINGS PER SHARE 5 CENTS
* QTRLY ADJUSTED FUNDS FLOW PER SHARE $0.27
* QTRLY REVENUE $786 MILLION VERSUS $992 MILLION
* HAS NOT EXPERIENCED ANY COVID-19 OUTBREAKS AT ANY OF ITS LOCATIONS
* 2021 ANNUAL AVERAGE BITUMEN PRODUCTION VOLUMES ARE TARGETED TO BE IN RANGE OF 86,000 - 90,000 BBLS/D
* 2021 NON-ENERGY OPERATING COSTS TARGETED TO BE IN RANGE OF $4.60 - $5.00 PER BARREL
* Q4 EARNINGS PER SHARE VIEW C$-0.06, REVENUE VIEW C$673.8 MILLION -- REFINITIV IBES DATA
* ALL FINANCIAL FIGURES ARE IN CANADIAN DOLLARS