MEG Energy Corp. (TSX:MEG)
Canada · Delayed Price · Currency is CAD | Market Cap | 7.32B |
| Revenue (ttm) | 4.33B |
| Net Income (ttm) | 551.00M |
| Shares Out | 254.38M |
| EPS (ttm) | 2.09 |
| PE Ratio | 13.75 |
| Forward PE | 14.38 |
| Dividend | 0.44 (1.53%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 857,743 |
| Average Volume | 1,810,187 |
| Open | 28.81 |
| Previous Close | 28.70 |
| Day's Range | 28.50 - 28.83 |
| 52-Week Range | 17.00 - 29.50 |
| Beta | 1.65 |
| RSI | 62.80 |
| 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
Cenovus Energy (CVE) Stands Firm on MEG Energy Offer Amid Rival Bid
Cenovus Energy (CVE) Stands Firm on MEG Energy Offer Amid Rival Bid
Cenovus Energy CEO won't increase offer for MEG Energy - Bloomberg
Cenovus CEO Says He’s ‘Closing the Door’ on Higher MEG Offer
Cenovus Energy Inc.’s top executive said the company doesn’t plan to increase its takeover offer for oil sands producer MEG Energy Corp., despite a higher rival bid from Strathcona Resources Ltd.
Cenovus 'closing the door' on higher bid for MEG Energy, CEO tells Bloomberg News
Canada's Cenovus Energy does not plan to raise its bid for oil sands producer MEG Energy , despite a higher offer from Strathcona Resources , its CEO Jon McKenzie told Bloomberg News on Wednesday.
Strathcona chairman says MEG Energy’s board is ‘grumpy’ about takeover bid
The founder and executive chairman of Strathcona Resources Ltd. says his company’s decision to go public with a takeover offer for MEG Energy Corp. was not well received by its board of directors, who...
MEG Energy: Another Unwanted Strathcona Offer
'They have refused to talk to us': Waterous on MEG board
Adam Waterous, CEO of Waterous Energy Fund, joins BNN Bloomberg to discuss Strathcona's boosting bid for MEG Energy.
Cenovus Energy (CVE): Strathcona's Revised Bid for MEG Energy
Cenovus Energy (CVE): Strathcona's Revised Bid for MEG Energy
Strathcona Resources sweetens takeover offer for MEG Energy
Strathcona Resources Ltd. is raising its takeover offer for MEG Energy Corp., presenting an alternative to MEG's friendly deal to be acquired by Cenovus Energy Inc.
Strathcona sweetens bid for MEG Energy
Cole Smead, portfolio manager and CEO of Smead Capital Management, joins BNN Bloomberg to discuss Strathcona's attempt to outbid Cenovus for MEG Energy deal.
Strathcona Resources (STHRF) Enhances Offer for MEG Energy
Strathcona Resources (STHRF) Enhances Offer for MEG Energy
Strathcona Raises MEG Bid to Block Deal Made With Cenovus
Strathcona Resources Ltd. increased its bid for oil sands producer MEG Energy Corp., seeking to break up the oil sands producer’s sale to larger Canadian rival Cenovus Energy Inc.
Strathcona ups its offer for MEG Energy by 10%
The offer represents an 11% premium over the implied value of Cenovus' offer
Strathcona raises offer for MEG Energy, seeking to outbid Cenovus
Canada's Strathcona sweetens MEG Energy bid to top Cenovus offer
Canadian oil and gas producer Strathcona Resources raised its all-share offer for MEG Energy on Monday, seeking to outbid Cenovus Energy.
Strathcona (STHRF) Expands Stake in MEG Energy Amid Acquisition Plans
Strathcona (STHRF) Expands Stake in MEG Energy Amid Acquisition Plans
Strathcona buys $190.8M stake in MEG Energy, opposes Cenovus takeover
Strathcona plans to raise stake in MEG Energy as takeover battle heats up
MEG has until Sept. 15 to decide whether to accept Strathcona's offer or wait for a the vote on Cenovus' deal on Oct. 9
Strathcona to buy 5% stake in MEG Energy after failed bid, opposes Cenovus deal
Strathcona Seeks to Block $5.7 Billion Cenovus Deal to Buy MEG Energy
Previously rejected MEG Energy bidder Strathcona Resources intends to buy an additional 5% stake in MEG and vote these shares and the existing 9.2% stake against the Cenovus acquisition offer for MEG,...
Canada's Strathcona seeks to raise MEG Energy stake, opposes Cenovus bid
Canadian oil and gas producer Strathcona Resources said on Thursday it intends to buy an additional 5% stake in rival MEG Energy and vote against the acquisition of MEG by another rival, Cenovus Energ...
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...