MEG Energy Corp. (TSX:MEG)
Canada
· Delayed Price · Currency is CAD | Market Cap | 6.55B |
| Revenue (ttm) | 4.95B |
| Net Income (ttm) | 620.00M |
| Shares Out | 254.38M |
| EPS (ttm) | 2.32 |
| PE Ratio | 11.08 |
| Forward PE | 17.06 |
| Dividend | 0.40 (1.56%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 503,274 |
| Average Volume | 1,265,328 |
| Open | 25.65 |
| Previous Close | 25.64 |
| Day's Range | 25.52 - 25.85 |
| 52-Week Range | 17.00 - 29.94 |
| Beta | 1.62 |
| RSI | 55.37 |
| Earnings Date | Jul 31, 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 StatementsNews
MEG Energy unlikely to find another buyer after rejecting Strathcona: expert
After MEG Energy urged its shareholders to reject a takeover proposal from rival Strathcona Resources on Monday, an expert says the Alberta-based oil company may struggle to find another buyer.
Don't see another suitor for MEG Energy: Smead
Cole Smead, CEO and portfolio manager at Smead Capital Management, joins BNN Bloomberg to share his outlook on the oil and energy sectors.
Better quality assets becoming more scarce: Portfolio manager
David Szybunka, Senior Portfolio Manager and MD, Energy Team at Canoe Financial, joins BNN Bloomberg to discuss Strathcona's takeover bid for MEG Energy.
MEG Energy’s board rejects Strathcona’s $4.2B takeover offer
MEG Energy's board urged its shareholders to reject the nearly C$6B hostile takeover offer from Strathcona Resources, calling the bid inadequate.
MEG Energy’s board urges shareholders to reject Strathcona’s $6 billion offer
Canadian oil producer MEG Energy on Monday urged its shareholders to reject a nearly $6 billion hostile takeover offer from Strathcona Resources.
Operations ramping up for oilsands companies after wildfires disrupt production
MEG Energy Corp. and Cenovus Energy Inc. announced operations are returning to normal after wildfires disrupted production near Christina Lake, south of Fort McMurray, Alta.
MEG Energy: Let Us Talk About Strathcona's Offer (Rating Upgrade)
MEG Energy evacuates workers due to Alberta wildfire threat
Strathcona’s hostile bid for MEG Energy called the ‘largest investment in the Canadian oilpatch in a decade’
The terms of the deal are the same as a proposal that was originally made to MEG in April, which the board rejected
Strathcona Resources formally bids to buy MEG Energy in C$5.9B deal
MEG Energy Urges Shareholders to Take NO ACTION with Respect to Unsolicited Takeover Bid by Strathcona Resources
CALGARY, AB , May 30, 2025 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) acknowledges the commencement by Strathcona Resources Ltd. ("Strathcona") of a conditional, unsolicited tak...
Why Strathcona Wants MEG Energy, And What It Will Pay For It
What to know about the takeover bid from Strathcona for MEG Energy
Julian Klymochko, CEO and CIO at Accelerate, shares his analysis of the takeover bid from Strathcona for MEG Energy and how it can affect the market.
Strathcona makes stock-and-cash offer for MEG Energy
Martin Pelletier, senior portfolio manager for Trivest Wealth at Wellington-Altus Private Counsel, shares his analysis of Strathcona's takeover offer for MEG.
MEG Energy Holders Pan ‘Laughable’ Strathcona Takeover Bid
Some MEG Energy Corp. shareholders say they’re unimpressed with a potential takeover offer from rival oil producer Strathcona Resources Ltd.
Strathcona Resources makes C$5.9B takeover offer for MEG Energy
Waterous’ Strathcona to Make $4 Billion Bid for MEG Energy
Canadian oil tycoon Adam Waterous’ Strathcona Resources Ltd. announced plans to make a takeover bid for MEG Energy Corp. that values the oil sands company at about C$6 billion ($4 billion), advancing ...
MEG Energy declares CAD 0.30 dividend
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 GAAP EPS of C$0.82, revenue of C$1.16B
MEG Energy reports 24% growth in funds from operations per share in the first quarter of 2025
CALGARY, AB , May 6, 2025 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its first quarter 2025 operational and financial results. 1 "The work we've done over the past few ...
MEG Energy: Outperforming Despite Highest Perceived Sensitivity To Tariffs
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
Q4 2024 MEG Energy Corp Earnings Call Transcript
Q4 2024 MEG Energy Corp Earnings Call Transcript