MEG Energy Corp. (TSX:MEG)
Canada · Delayed Price · Currency is CAD | Market Cap | 7.17B |
| Revenue (ttm) | 4.33B |
| Net Income (ttm) | 551.00M |
| Shares Out | 254.38M |
| EPS (ttm) | 2.09 |
| PE Ratio | 13.47 |
| Forward PE | 14.09 |
| Dividend | 0.44 (1.56%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 2,342,922 |
| Average Volume | 1,287,253 |
| Open | 27.93 |
| Previous Close | 28.01 |
| Day's Range | 27.92 - 28.21 |
| 52-Week Range | 17.00 - 29.50 |
| Beta | 1.50 |
| RSI | 49.05 |
| 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
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.
Cenovus Energy (CVE) Defends MEG Energy Acquisition Offer
Cenovus Energy (CVE) Defends MEG Energy Acquisition Offer
Cenovus makes case to MEG Energy shareholders over Strathcona Resources bid
Cenovus CEO defends MEG Energy bid, which is 'fair and final'
The CEO of Canada's Cenovus Energy pushed back on Friday against criticisms of his company's bid for rival oil sands producer MEG Energy , telling Reuters the offer is fair and final.
Cenovus hikes bid for MEG Energy to C$28.44 per share
Cenovus Energy said on Thursday it has raised its takeover offer for MEG Energy to C$28.44 per share from C$27.25, intensifying a months-long bidding war for the Canadian oil sands producer.
‘Who’s willing to get dirtier?’ Tensions boiling over in war for MEG Energy
Cenovus Energy CEO says it won't raise its price for MEG — despite rival Strathcona Resources dangling a new competing deal
MEG Energy Supports Cenovus (CVE) Deal Over Strathcona Offer
MEG Energy Supports Cenovus (CVE) Deal Over Strathcona Offer
MEG Energy urges investors to reject Strathcona's sweetened bid, backs Cenovus deal
Canadian oil sands producer MEG Energy on Monday urged shareholders to reject the sweetened takeover bid from its majority stakeholder Strathcona Resources , and reaffirmed support for sale to Cenovus...
MEG Energy urges investors to reject Strathcona’s sweetened bid, backs Cenovus deal
Canadian oil sands producer MEG Energy on Monday urged shareholders to reject the sweetened takeover bid from its majority stakeholder Strathcona Resources, and reaffirmed support for sale to Cenovus ...
MEG's Board Unanimously Recommends Shareholders Vote For Cenovus Deal
(RTTNews) - MEG Energy (MEG.TO) said its Board has reaffirmed its recommendation to the shareholders to vote for the Cenovus transaction. Also, the Board recommended that MEG shareholders reject the r...
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