Q2 results Q2 financials are out. For some reason I don't see any comments on the board. Discuss. July 28 (Reuters) - Canadian oil sands producer MEG Energy Corp reported a quarterly loss, compared with a profit a year earlier, as a rise in production was offset by a slump in crude prices. MEG, whose key operations are in the Athabasca oil sands region of Alberta, said cash flow from operations fell about 93 percent to C$7 million, hurt by lower bitumen prices due to a decline in U.S. benchmark crude prices. U.S. crude prices traded about 21 percent lower in the second quarter on average from a year earlier. MEG reported a decline in realized bitumen prices to C$30.93 per barrel from C$44.54 a year earlier. However, the company's net operating costs fell to C$7.43 per barrel from C$9.43 a year earlier. Bitumen production rose 16.5 percent to 83,127 barrels per day (bpd). "Our second-quarter production levels have been close to record highs and we are currently seeing net operating costs of under C$7.50 to produce a barrel of oil," Chief Executive Bill McCaffrey said on Thursday.