MEG Energy Corp. (MEGEF)
| Market Cap | 4.72B -2.9% |
| Revenue (ttm) | 3.05B -22.0% |
| Net Income | 389.84M +7.7% |
| EPS | 1.51 +14.8% |
| Shares Out | n/a |
| PE Ratio | 12.11 |
| Forward PE | n/a |
| Dividend | 0.29 (1.33%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 22,880 |
| Average Volume | 50,728 |
| Open | 22.00 |
| Previous Close | 21.95 |
| Day's Range | 21.96 - 22.11 |
| 52-Week Range | 12.00 - 22.14 |
| Beta | 1.02 |
| RSI | 63.13 |
| Earnings Date | Nov 4, 2025 |
About MEG Energy
MEG Energy Corp., an energy company, focuses on in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil. It also transports and sells thermal oil in North America and internationally. The company was incorporated in 1999 and is headquartered in Calgary, Canada. As of November 13, 2025, MEG Energy Corp. operates as a subsidiary of Cenovus Energy Inc... [Read more]
Financial Performance
In 2024, MEG Energy's revenue was 5.15 billion, a decrease of -8.92% compared to the previous year's 5.65 billion. Earnings were 507.00 million, a decrease of -10.90%.
Financial numbers in CAD Financial StatementsNews
Cenovus Energy: MEG Energy Acquisition Results Are The Key To Outperformance
Cenovus Energy is positioned for industry outperformance following the MEG Energy acquisition.
MEG Energy Corp. (MEG:CA) Shareholder/Analyst Call Prepared Remarks Transcript
MEG Energy Corp. ( MEG:CA) Shareholder/Analyst Call November 6, 2025 11:00 AM EST Company Participants James McFarland Presentation James McFarland Well, good morning, ladies and gentlemen. Welcome a...
MEG Energy shareholders vote in favor of Cenovus' takeover bid
Canadian oil sands producer MEG Energy shareholders on Thursday voted in favor of a buyout by Cenovus Energy.
MEG Energy adjourns shareholder vote on Cenovus offer citing regulatory inquiry
The board of Canadian oil sands company MEG Energy adjourned its expected shareholder vote Thursday on a buyout by Cenovus Energy , saying a regulatory inquiry has prompted the need to disclose additi...
MEG Energy pauses meeting on Cenovus takeover vote to address 'regulatory inquiry'
MEG Energy paused the shareholder meeting to vote on the Cenovus Energy takeover bid on Thursday, to address a "regulatory inquiry" it received on Wednesday evening.
MEG Energy postpones shareholder meeting to vote on merger with Cenovus
MEG Energy Corp said on Tuesday it has postponed a shareholder meeting to vote on its proposed takeover by Cenovus Energy to October 30, after the latter exercised its right to delay it, allowing more...
Cenovus sweetens takeover offer to $6.2 billion for MEG Energy
Cenovus Energy on Wednesday sweetened its offer to acquire MEG Energy, raising the value of the proposed deal to C$29.80 per share, in an attempt to match a rival bid from Strathcona Resources.
Cenovus CEO defends MEG Energy bid, which is 'fair and final'
The CEO of Canada's Cenovus Energy pushed back on Friday against criticisms of his company's bid for rival oil sands producer MEG Energy , telling Reuters the offer is fair and final.
Cenovus hikes bid for MEG Energy to C$28.44 per share
Cenovus Energy said on Thursday it has raised its takeover offer for MEG Energy to C$28.44 per share from C$27.25, intensifying a months-long bidding war for the Canadian oil sands producer.
MEG Energy urges investors to reject Strathcona's sweetened bid, backs Cenovus deal
Canadian oil sands producer MEG Energy on Monday urged shareholders to reject the sweetened takeover bid from its majority stakeholder Strathcona Resources , and reaffirmed support for sale to Cenovus...
Cenovus 'closing the door' on higher bid for MEG Energy, CEO tells Bloomberg News
Canada's Cenovus Energy does not plan to raise its bid for oil sands producer MEG Energy , despite a higher offer from Strathcona Resources , its CEO Jon McKenzie told Bloomberg News on Wednesday.
Canada's Strathcona sweetens MEG Energy bid to top Cenovus offer
Canadian oil and gas producer Strathcona Resources raised its all-share offer for MEG Energy on Monday, seeking to outbid Cenovus Energy.
Canada's Strathcona seeks to raise MEG Energy stake, opposes Cenovus bid
Canadian oil and gas producer Strathcona Resources said on Thursday it intends to buy an additional 5% stake in rival MEG Energy and vote against the acquisition of MEG by another rival, Cenovus Energ...
MEG Energy: Repurchase Program, Low Debt, Growth, And Lower Costs Will Pave The Way
MEG Energy: Repurchase Program, Low Debt, Growth, And Lower Costs Will Pave The Way
MEG Energy Corp. (MEGEF) Q2 2025 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q2 2025 Earnings Conference Call August 1, 2025 8:30 AM ET Company Participants Darlene M. Gates - CEO, President & Director Ryan M.
MEG Energy Corp. (MEGEF) Q1 2025 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q1 2025 Results Conference Call May 7, 2025 8:30 AM ET Company Participants Darlene Gates - President, Chief Executive Officer Ryan Kubik - Chief Financial Officer Lyle ...
MEG Energy: Outperforming Despite Highest Perceived Sensitivity To Tariffs
MEG Energy's Q4-2024 was solid despite an unplanned production outage. The company transitioned to a 100% free cash flow return model in Q4-2024. Tariff threats are overblown; Canadian heavy oil remai...
MEG Energy Corp. (MEGEF) Q4 2024 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q4 2024 Earnings Conference Call February 28, 2025 8:30 AM ET Company Participants Darlene Gates - President, Chief Executive Officer Ryan Kubik - Chief Financial Office...
Time And Tide Fix The Overvaluation For MEG Energy
MEG Energy reported a solid quarter and its guidance for 2025 was close to expectations. Free cash flow return is now at 100%, but the stock just cannot find any traction. We tell you why we are rever...
MEG Energy Corp. (MEGEF) Q3 2024 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Darlene Gates - President & Chief Executive Officer Ryan Kubik - Chief Financial Office...
MEG Energy: Primed For Growth (Rating Upgrade)
MEG Energy Corp.'s recent 25% stock decline could be a buying opportunity, with expectations of oil price recovery and strong long-term fundamentals. MEG Energy's production is set to ramp up, with pl...
MEG Energy: Dividends Are Finally Arriving (Rating Upgrade)
The Q2 update shows production success but weak cash flow due to inventory buildup and initial TMX filling. MEG Energy has nearly reached its debt target and is ready to pay 100% of FCF to shareholder...
MEG Energy Corp. (MEGEF) Q2 2024 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Darlene Gates - Chief Executive Officer Ryan Kubik - Chief Financial Officer Erik Alson - ...
MEG Energy Corp. (MEGEF) Q1 2024 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Darlene Gates – Chief Executive Officer Ryan Kubik – Chief Financial Officer Erik Alson – Se...
MEG Energy: Impacts Of The New Royalty Regime - Trans Mountain Expansion, Increased Payouts
MEG Energy is expected to benefit from narrowing heavy oil differential caused by the coming TMX pipeline. By the end of the third quarter, the company should switch to a 100% payout via buybacks and ...