CALGARY – Oilsands producer MEG Energy Corp. says its profits fell during the third quarter.

Net earnings for the period ended Sept. 30 amounted to $159 million, down from $167 million during the same period a year earlier.

Diluted earnings per share were flat year-over-year at 62 cents.

Revenue came in at $1.18 billion during the quarter, down from $1.27 billion during the same period last year.

Production for the quarter reached a record of 108,166 barrels per day compared with 103,298 during the prior-year quarter.

Last week, shareholders in MEG Energy voted in favour of an $8.6-billion takeover by Cenovus Energy Inc. in a deal that is expected to close this month after a final court approval and other customary conditions.

This report by The Canadian Press was first published No

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