MEG Energy Corp. (TSX:MEG)
Canada · Delayed Price · Currency is CAD | Market Cap | 7.58B |
| Revenue (ttm) | 4.33B |
| Net Income (ttm) | 551.00M |
| Shares Out | 254.38M |
| EPS (ttm) | 2.09 |
| PE Ratio | 14.25 |
| Forward PE | 14.90 |
| Dividend | 0.44 (1.48%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 2,739,685 |
| Average Volume | 1,950,071 |
| Open | 29.51 |
| Previous Close | 29.80 |
| Day's Range | 29.45 - 30.00 |
| 52-Week Range | 17.00 - 30.78 |
| Beta | 1.50 |
| RSI | 63.23 |
| 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) Acquires Stake in MEG Energy for Strategic Expansion
Cenovus Energy (CVE) Acquires Stake in MEG Energy for Strategic Expansion
Cenovus Energy (CVE) Secures 8.5% Stake in MEG Energy with New Offer
Cenovus Energy (CVE) Secures 8.5% Stake in MEG Energy with New Offer
Cenovus Energy (CVE) Increases Stake in MEG Energy
Cenovus Energy (CVE) Increases Stake in MEG Energy
Cenovus Energy acquires 8.5% stake in MEG Energy
Cenovus Energy said it has acquired 21,723,540 common shares of MEG Energy, giving it control over common shares representing an 8.5% stake in the company.
Canadian Oil Producers Prioritize Buying Over Building
A two-month-long bidding war in Canadas oil patch signaled there is another way for a company to boost its production and resources than investing in new oil sands production, which is considered the ...
Strathcona Resources Withdraws MEG Energy Bid As Cenovus Energy Secures Friendly Deal
(RTTNews) - Strathcona Resources Ltd. has ended its hostile takeover attempt of MEG Energy Corp. (MEG.TO), paving the way for a friendly acquisition by Cenovus Energy Inc. (CVE, CVE.TO). The decision ...
MEG Announces Filing of Amending Agreement and Additional Key Dates for the Improved Cenovus Transaction
Improved Cenovus Transaction involves consideration of $29.79 per MEG Share as of close of market on October 10, 2025 MEG has filed the Amending Agreement in connection with the Improved Cenovus Trans...
Strathcona Resources (SCR:CA) Ends MEG Energy Takeover Bid
Strathcona Resources (SCR:CA) Ends MEG Energy Takeover Bid
Strathcona abandons takeover bid for MEG Energy
MEG accepted an increased offer from oilsands major Cenovus Energy earlier this week
Strathcona Resources Terminates Takeover Bid for MEG Energy
Strathcona terminates take-over bid for MEG Energy
Investor Outlook: Cenovus raises bid for MEG as oilsands takeover battle heats up
Cenovus raises its MEG Energy offer to $8.6B, boosting share options and delaying the vote as Strathcona weighs a possible counterbid.
Cenovus Ups The Ante For MEG Energy
Cenovus Energy has raised its offer for MEG Energy. Read more on what investors need to know about this M&A deal.
Cenovus Sweetens Offer for MEG Energy to $6.2 Billion
Cenovus Energy is raising its takeover bid for MEG Energy in the best and final offer to buy the company that has seen rival bids from Cenovus and Strathcona Resources in recent months. Cenovus announ...
Cenovus Sweetens Offer for MEG in Canada Oil Takeover Battle
Canada’s Cenovus Energy Inc. increased its takeover bid for rival MEG Energy Corp. one day before MEG investors were due to vote, signaling that the companies’ original deal didn’t have enough shareho...
CVE Finalizes Revised Acquisition Terms for MEG Energy
CVE Finalizes Revised Acquisition Terms for MEG Energy
Cenovus sweetens takeover offer to $8.6 billion for MEG Energy
Cenovus Energy on Wednesday sweetened its offer to acquire MEG Energy, raising the value of the proposed deal to $29.80 per share, in an attempt to match a rival bid from Strathcona Resources.
Cenovus sweetens takeover offer to $6.2 billion for MEG Energy
Cenovus Energy on Wednesday sweetened its offer to acquire MEG Energy, raising the value of the proposed deal to C$29.80 per share, in an attempt to match a rival bid from Strathcona Resources.
Cenovus reports record Q3 production, increased price to acquire MEG Energy
MEG Announces Improved Cenovus Transaction: Higher Offer, Increased Equity Participation, and Special Meeting Postponement
Improved Transaction Consideration of $29.80 per MEG Share represents an increase of $2.35 per MEG Share from the announced value of the Initial Transaction Consideration Improved Transaction Consider...
Ninepoint Exits MEG Energy Stake Ahead of Cenovus Deal Vote
One of MEG Energy Corp.’s largest shareholders sold its position ahead of a key vote on a takeover offer for the company, concerned that competing bids from both Cenovus Energy Inc. and Strathcona Res...
MEG Energy (MEGEF) Shareholders Urged to Back Cenovus Energy's Bid
MEG Energy (MEGEF) Shareholders Urged to Back Cenovus Energy's Bid
MEG Energy says Glass Lewis recommends Cenovus takeover offer
MEG Energy said proxy advisory firm Glass Lewis issued a report recommending shareholders vote for Cenovus Energy's cash-and-stock takeover offer rather than Strathcona's all-stock offer.
MEG Energy (MEGEF) Shareholders Urged to Approve Cenovus Deal
MEG Energy (MEGEF) Shareholders Urged to Approve Cenovus Deal
MEG Energy holders should vote in favor of Cenovus takeover, ISS says
Proxy adviser ISS urges MEG Energy shareholders to approve the Cenovus sale, citing limited better offers.