MEG Energy Corp. (TSX:MEG)

Canada flag Canada · Delayed Price · Currency is CAD
20.15
+0.75 (3.87%)
Apr 16, 2025, 2:00 PM EDT
-35.29%
Market Cap 4.98B
Revenue (ttm) 5.15B
Net Income (ttm) 507.00M
Shares Out 256.64M
EPS (ttm) 1.87
PE Ratio 10.37
Forward PE 9.48
Dividend 0.40 (2.06%)
Ex-Dividend Date Mar 20, 2025
Volume 1,048,032
Average Volume 2,307,106
Open 19.53
Previous Close 19.40
Day's Range 19.49 - 20.59
52-Week Range 17.00 - 32.53
Beta 2.23
RSI 41.88
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 Toronto Stock Exchange
Ticker Symbol MEG
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 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

6 weeks ago - GuruFocus

Q4 2024 MEG Energy Corp Earnings Call Transcript

Q4 2024 MEG Energy Corp Earnings Call Transcript

6 weeks ago - GuruFocus

Meg Energy reports FY results

6 weeks 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...

6 weeks 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

5 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...

5 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.

7 months ago - BNN Bloomberg

MEG Energy Corp (MEGEF) Q2 2024 Earnings Call Transcript Highlights: Strong Free Cash Flow and ...

MEG Energy Corp (MEGEF) Q2 2024 Earnings Call Transcript Highlights: Strong Free Cash Flow and Production Growth Amid Wildfire Challenges

9 months ago - GuruFocus

Q2 2024 MEG Energy Corp Earnings Call Transcript

Q2 2024 MEG Energy Corp Earnings Call Transcript

9 months ago - GuruFocus

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 ETCompany ParticipantsDarlene Gates - Chief Executive OfficerRyan...

9 months ago - Seeking Alpha

MEG Energy declares CAD 0.10 dividend

MEG Energy (MEG:CA) declares CAD 0.10/share quarterly dividend. Payable Oct. 15; for shareholders of record Sept. 17; ex-div Sept. 17.

9 months ago - Seeking Alpha

MEG Energy announces second quarter 2024 financial and operating results and declares inaugural quarterly cash dividend

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are deta...

9 months ago - Benzinga

Wildfires Threaten Canadian Oil Output as MEG Evacuates Workers

A flareup of wildfires in Alberta is threatening as much as half a million barrels a day of output, with MEG Energy Corp becoming the latest company to evacuate workers.

9 months ago - BNN Bloomberg

Alberta wildfires prompt MEG Energy oilsands site evacuation

The company says the move was a precautionary one, and that the wildfires do not pose an imminent threat

9 months ago - Financial Post