MEG Energy Corp. (TSX:MEG)
| Market Cap | 6.62B |
| Revenue (ttm) | 4.25B |
| Net Income (ttm) | 543.00M |
| Shares Out | 214.24M |
| EPS (ttm) | 2.10 |
| PE Ratio | 14.68 |
| Forward PE | 17.16 |
| Dividend | 0.44 (1.42%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 6,332,087 |
| Average Volume | 1,187,420 |
| Open | 30.50 |
| Previous Close | 30.67 |
| Day's Range | 30.49 - 31.03 |
| 52-Week Range | 17.00 - 31.09 |
| Beta | 1.02 |
| RSI | 65.42 |
| 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 StatementsNews
MEG takeover saga draws to a close as Cenovus completes purchase
Oilsands giant Cenovus Energy has completed its takeover of MEG Energy, and gets another 110,000 barrels of production per day with the purchase.
CVE Completes Acquisition of MEG Energy to Enhance Oil Sands Portfolio
CVE Completes Acquisition of MEG Energy to Enhance Oil Sands Portfolio
Investor Outlook: Cenovus takeover of MEG Energy caps new phase of oilsands consolidation
Cenovus completes its $8.6B MEG Energy takeover, reshaping Canada’s oilsands sector and setting new valuation benchmarks for heavy oil deals.
MEG Energy (MEGEF) Reports Strong Q3 Performance with Record Production
MEG Energy (MEGEF) Reports Strong Q3 Performance with Record Production
Meg Energy GAAP EPS of C$0.62, revenue of C$1.18B; reaffirms FY outlook
MEG Energy GAAP EPS of C$1.71, revenue of C$3.1M
MEG Energy Corp. Q3 Profit Misses Estimates
(RTTNews) - MEG Energy Corp. (MEG.TO) released a profit for third quarter that missed the Street estimates.
MEG Energy Delivers Record Q3 Production and Strong Third Quarter 2025 Financial Results
CALGARY, AB , Nov. 10, 2025 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its third quarter 2025 operational and financial results. 1 "Our strong third quarter results are...
MEG Energy Corp. (MEG:CA) Shareholder/Analyst Call Prepared Remarks Transcript
MEG Energy Corp. ( MEG:CA) Shareholder/Analyst Call November 6, 2025 11:00 AM EST Company Participants James McFarland Presentation James McFarland Well, good morning, ladies and gentlemen. Welcome a...
MEG Shareholders Approve Cenovus Takeover After Long Bidding War
MEG Energy Corp. shareholders agreed to be acquired by Cenovus Energy Inc. after a dramatic five-month bidding war and multiple attempts to secure enough support to get the deal approved.
MEG Energy shareholders vote to approve Cenovus takeover bid
MEG Energy shareholders approve Cenovus’ $8.6-billion takeover offer
More than 86% voted in favour of the hard-fought deal
MEG Energy shareholders vote in favor of Cenovus' takeover bid
Canadian oil sands producer MEG Energy shareholders on Thursday voted in favor of a buyout by Cenovus Energy.
Cenovus Says MEG Vote Delay Related to Complaint by Ex-Employee
MEG Energy Corp. has postponed a shareholder vote on Cenovus Energy Inc.’s C$7.6 billion ($5.4 billion) takeover proposal because of a complaint by a former MEG employee who holds about 4,000 votes, a...
Cenovus ‘resolute in our commitment’ to MEG deal, CEO says
CALGARY — Oilsands giant Cenovus Energy Inc. foresees no further wrinkles in its takeover bid for MEG Energy Corp., a day after a shareholder meeting to approve the deal was delayed due to a last-minu...
MEG Energy (MEGEF) Reschedules Vote on Cenovus Takeover Proposal
MEG Energy (MEGEF) Reschedules Vote on Cenovus Takeover Proposal
MEG Energy meeting on Cenovus deal postponed another week
MEG Energy said its special shareholders meeting to vote on Cenovus Energy's takeover proposal has been rescheduled to November 6 to allow time to disclose more information on asset sales.
MEG Energy Corp. (MEG:CA) Shareholder/Analyst Call Prepared Remarks Transcript
MEG Energy Corp. ( MEG:CA) Shareholder/Analyst Call October 30, 2025 8:01 PM EDT Company Participants James McFarland Presentation James McFarland Well, good morning, ladies and gentlemen. Welcome to...
MEG Energy adjourns shareholder vote on Cenovus offer citing regulatory inquiry
The board of Canadian oil sands company MEG Energy adjourned its expected shareholder vote Thursday on a buyout by Cenovus Energy , saying a regulatory inquiry has prompted the need to disclose additi...
MEG meeting on Cenovus deal postponed another week
A MEG Energy Corp. shareholder vote on the proposed takeover by Cenovus Energy Inc. has been delayed another week.
MEG Again Delays Vote on Cenovus Deal Over Regulatory Issue
MEG Energy Corp. said it was postponing for a second time on Thursday a meeting to announce the results of a shareholder vote on the company’s acquisition by Cenovus Energy Inc., citing a last minute ...
MEG Energy pauses meeting on Cenovus takeover vote to address 'regulatory inquiry'
MEG Energy paused the shareholder meeting to vote on the Cenovus Energy takeover bid on Thursday, to address a "regulatory inquiry" it received on Wednesday evening.
MEG meeting on Cenovus deal paused to address ‘regulatory inquiry’
The chairman of MEG Energy Corp. has paused a shareholder meeting on a proposed takeover by Cenovus Energy Inc.
Cenovus Energy (CVE) Enhances Offer for MEG Energy, Gains Key Shareholder Support
Cenovus Energy (CVE) Enhances Offer for MEG Energy, Gains Key Shareholder Support
Cenovus raises MEG Energy offer, wins Strathcona support
Cenovus Energy Inc. has raised its takeover offer for MEG Energy Corp., winning the support of Strathcona Resources Ltd., which had opposed the deal.