MEG Energy Corp. (MEGEF)

OTCMKTS · Delayed Price · Currency is USD
14.57
-0.17 (-1.18%)
Apr 28, 2025, 3:11 PM EDT
-38.27%
Market Cap 3.74B
Revenue (ttm) 3.58B
Net Income (ttm) 352.37M
Shares Out n/a
EPS (ttm) 1.30
PE Ratio 10.61
Forward PE n/a
Dividend 0.21 (1.47%)
Ex-Dividend Date Mar 20, 2025
Volume 3,550
Average Volume 258,498
Open 14.63
Previous Close 14.74
Day's Range 14.55 - 14.76
52-Week Range 12.00 - 23.47
Beta 2.23
RSI 44.06
Earnings Date May 6, 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]

Sector Energy
Founded 1999
Employees 475
Stock Exchange OTCMKTS
Ticker Symbol MEGEF
Full Company Profile

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 Statements

News

MEG Energy Corp (MEGEF) Q4 2024 Earnings Call Highlights: Record Production and Strategic ...

MEG Energy Corp (MEGEF) Q4 2024 Earnings Call Highlights: Record Production and Strategic Financial Moves Amid Operational Challenges

2 months ago - GuruFocus

Q4 2024 MEG Energy Corp Earnings Call Transcript

Q4 2024 MEG Energy Corp Earnings Call Transcript

2 months ago - GuruFocus

Meg Energy reports FY results

2 months ago - Seeking Alpha

MEG Energy announces 2024 fourth quarter and full-year results

CALGARY, AB , Feb. 27, 2025 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its fourth quarter and full-year 2024 operational and financial results. 1 "This was a significan...

2 months ago - Benzinga

MEG Energy: Political Target

MEG Energy (MEGEF) is that rare upstream thermal company that remains independent. Check out why I downgrade the stock from hold to sell.

4 months ago - Seeking Alpha

MEG Energy: 'Show Me The Money, Darlene' (Rating Downgrade)

MEG Energy's stock underperformance is due in part to management's focus on share buybacks over dividends. Read why MEGEF stock is a Hold.

4 months ago - Seeking Alpha

Eric Nuttall's Top Picks: MEG Energy, ARC Resources and Tamarack Valley Energy

Eric Nuttall's Market Outlook: Energy stocks, discusses his top picks:MEG Energy, ARC Resources and Tamarack Valley Energy

5 months ago - BNN Bloomberg

Meg Energy reports Q3 results

6 months ago - Seeking Alpha

MEG Energy announces third quarter 2024 financial and operating results

CALGARY, AB , Nov. 5, 2024 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its third quarter 2024 operational and financial results. 1 "Following another strong financial an...

6 months ago - Benzinga

MEG Energy moves up after pledging full shareholder returns following debt reduction

MEG Energy increases capital returns to shareholders to 100% of free cash flow after completing debt reduction strategy.

7 months ago - Seeking Alpha

Eric Nuttall's Top Picks: Meg Energy, Tamarack Valley Energy, and Freehold Royalties

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses his top picks: Meg Energy, Tamarack Valley Energy, and Freehold Royalties.

8 months ago - BNN Bloomberg

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...

9 months ago - Seeking Alpha

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 - ...

9 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - Seeking Alpha

MEG Energy Corp. (MEGEF) Q4 2023 Earnings Call Transcript

MEG Energy Corp. (MEGEF) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

MEG Energy: Buyback Bonanza Likely Coming

MEG Energy is a top Canadian oil sand producer with capital appreciation potential and leverage to rising oil prices. The company has had a good first 9 months of 2023, with solid production growth an...

1 year ago - Seeking Alpha

MEG Energy Corp. (MEGEF) Q3 2023 Earnings Call Transcript

MEG Energy Corp. (OTCPK:MEGEF) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Derek Evans – President and Chief Executive Officer Darlene Gates – Chief Operating Off...

1 year ago - Seeking Alpha

Energy Income Weekly: The Week's Price Action Bodes Well For The Second Half

Energy shares traded aimlessly on low volume until indicators pointed to a tightening oil market late in the week. Friday saw dramatic outperformance in response to improving oil market fundamentals d...

1 year ago - Seeking Alpha

MEG Energy Corp. (MEGEF) Q1 2023 Earnings Call Transcript

MEG Energy Corp. (OTCPK:MEGEF) Q1 2023 Results Conference Call May 2, 2023 8:00 AM ET Company Participants Derek Evans - CEO Darlene Gates - COO Ryan Kubik - CFO Conference Call Participants Menno Hul...

2 years ago - Seeking Alpha