MEG Energy Corp. (TSX:MEG)
Canada · Delayed Price · Currency is CAD | Market Cap | 7.10B |
| Revenue (ttm) | 4.33B |
| Net Income (ttm) | 551.00M |
| Shares Out | 254.40M |
| EPS (ttm) | 2.09 |
| PE Ratio | 13.34 |
| Forward PE | 13.95 |
| Dividend | 0.44 (1.58%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 3,469,767 |
| Average Volume | 1,148,862 |
| Open | 27.77 |
| Previous Close | 27.90 |
| Day's Range | 27.75 - 28.16 |
| 52-Week Range | 17.00 - 28.64 |
| Beta | 1.68 |
| RSI | 68.53 |
| 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
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...
Cenovus Energy, indigenous groups in joint talks to buy stake in MEG Energy - Bloomberg
Cenovus Said to Be in Talks With Indigenous Groups for MEG Bid
Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy Corp., an oil sands producer that faces an unsolicited $4 billion takeover bid from a Canadian oil tycoon.
'We know that MEG is definitely not going to be one': Smead on major Canadian producers
Cole Smead, CEO & Portfolio Manager at Smead Capital Management, joins BNN Bloomberg to discuss MEG Energy earnings and it's company outlook.
'We know that MEG is definitely not going to be one of those': Smead on major Canadian producers
Cole Smead, CEO & Portfolio Manager at Smead Capital Management, joins BNN Bloomberg to discuss MEG Energy earnings and it's company outlook.
MEG Energy Corp. (MEGEF) Q2 2025 Earnings Call Transcript
Recurring wildfires putting pressure on MEG: Stephenson
John Stephenson, Founder of Granite Point Research, joins BNN Bloomberg to discuss the latest MEG Energy Corp earnings results.