MEG Energy Corp. (MEGEF)
| Market Cap | 5.21B |
| Revenue (ttm) | 3.18B |
| Net Income (ttm) | 404.00M |
| Shares Out | n/a |
| EPS (ttm) | 1.53 |
| PE Ratio | 12.91 |
| Forward PE | 14.27 |
| Dividend | 0.29 (1.41%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 6,532 |
| Average Volume | 147,024 |
| Open | 20.58 |
| Previous Close | 20.77 |
| Day's Range | 20.36 - 20.58 |
| 52-Week Range | 12.00 - 20.98 |
| Beta | 1.68 |
| RSI | 58.76 |
| 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. [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
Strathcona (STHRF) Expands Stake in MEG Energy Amid Acquisition Plans
Strathcona (STHRF) Expands Stake in MEG Energy Amid Acquisition Plans
Strathcona buys $190.8M stake in MEG Energy, opposes Cenovus takeover
Strathcona plans to raise stake in MEG Energy as takeover battle heats up
MEG has until Sept. 15 to decide whether to accept Strathcona's offer or wait for a the vote on Cenovus' deal on Oct. 9
Strathcona to buy 5% stake in MEG Energy after failed bid, opposes Cenovus deal
Strathcona Seeks to Block $5.7 Billion Cenovus Deal to Buy MEG Energy
Previously rejected MEG Energy bidder Strathcona Resources intends to buy an additional 5% stake in MEG and vote these shares and the existing 9.2% stake against the Cenovus acquisition offer for MEG,...
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...
Cenovus And MEG Energy: Great Deal
Cenovus Energy's MEG Energy Acquisition: More Double-Digit Dividend Growth In The Future Likely
Strathcona will vote against Cenovus offer for MEG Energy, founder Waterous says
Deal Dispatch: Musk-Altman Drama, Ashton Kutcher SoHo House Play And We Pose Questions To Private Equity Pros
New On The Block OpenAI isn’t for sale. However, a $97.4 billion offer is hard to ignore. That’s the number Elon Musk asked fellow billionaire Mark Zuckerberg to help him reach to buy the parent compa...
MEG Energy Shareholder to Vote Against Cenovus’ Takeover
Strathcona Resources Ltd. founder Adam Waterous said his company will vote against Cenovus Energy Inc.’s acquisition of MEG Energy Corp., saying the oil sands producer’s board accepted an inferior off...
Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up
'I'm disappointed in the outcome of price': Eric Nutall on Cenovus buying MEG Energy
Eric Nuttall, Partner and Senior Portfolio Manager at Ninepoint Partners, joins BNN Bloomberg to discuss the Cenovus- MEG deal.
Cenovus unveils $7.9-billion white-knight bid for MEG Energy
MEG's board supports the deal, but shareholders have to approve
Cenovus to Buy MEG as Canadas Oil Sands Consolidate Further
Cenovus Energy on Friday announced it has entered into a definitive arrangement agreement to acquire MEG Energy Corp in a cash and stock deal valued at US$5.7 billion (C$7.9 billion), including assume...
Cenovus signs $7.9 billion cash-and-stock deal to buy MEG Energy
Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited...
Cenovus Energy Strikes $7.9 Billion Deal To Acquire MEG, Creating Oil Sands Powerhouse
Cenovus Energy Inc. (NYSE: CVE) said Thursday it will acquire MEG Energy Corp. (OTC: MEGEF) in a cash-and-stock deal valued at $7.9 billion, including debt, creating one of the largest players in Ca...
Cenovus to acquire MEG Energy in C$7.9 billion deal in oil sands expansion
Oil and gas producer Cenovus Energy said on Friday it will buy MEG Energy in a cash-and-stock deal valued at C$7.9 billion ($5.68 billion), including debt.
Cenovus to Buy MEG Energy in C$7.9 Billion Oil-Sands Deal
Cenovus Energy Inc. agreed to buy MEG Energy Corp. in a deal valued at about C$7.9 billion ($5.7 billion) including debt, beating a bid from Strathcona Resources Ltd. to boost its position among Canad...
Cenovus Energy to buy MEG Energy in C$7.9B deal, topping Strathcona bid
Strathcona Resources: MEG Energy Or A $10 Dividend? Cenovus Holds The Answer
Alberta Indigenous loan agency pushes back against report it would help finance joint bid for MEG Energy
Alberta Indigenous Opportunities Corp. says it's not in 'the business of participating in mergers and acquisitions'
MEG Energy: Repurchase Program, Low Debt, Growth, And Lower Costs Will Pave The Way
Cenovus, Indigenous Groups Circle MEG Energy in Possible Joint Bid
Cenovus Energy is in talks with a coalition of Canadian Indigenous groups to jointly acquire oil sands rival MEG Energy, Bloomberg reported Tuesday, citing people familiar with the matter. The arrange...