MEG Energy Corp. (TSX:MEG)
Canada · Delayed Price · Currency is CAD | Market Cap | 7.59B |
| Revenue (ttm) | 4.33B |
| Net Income (ttm) | 551.00M |
| Shares Out | 254.38M |
| EPS (ttm) | 2.09 |
| PE Ratio | 14.26 |
| Forward PE | 14.91 |
| Dividend | 0.44 (1.48%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 529,471 |
| Average Volume | 1,786,631 |
| Open | 29.58 |
| Previous Close | 29.68 |
| Day's Range | 29.58 - 29.97 |
| 52-Week Range | 17.00 - 30.78 |
| Beta | 1.50 |
| RSI | 57.82 |
| 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 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.
CVE Takes Strategic Steps with MEG Energy Acquisition and Asset Sale
CVE Takes Strategic Steps with MEG Energy Acquisition and Asset Sale
Cenovus boosts MEG Energy offer to C$30/share, wins Strathcona’s backing
Cenovus Energy improved its bid for MEG Energy to C$30/share and won the backing of MEG's largest shareholder, Strathcona Resources.
Cenovus Amends MEG Acquisition Deal, Enters Into Voting Support Agreement With Strathcona
(RTTNews) - Monday, Cenovus Energy Inc. (CVE) announced a second amending agreement regarding acquisition of MEG Energy Corp., offering MEG shareholders the option to receive either $30 in cash or 1.2...
‘They will have the best oil sand quality assets in Canada’: Eric Nuttall on Cenovus Energy
Cenovus Energy will likely takeover MEG Energy after a shareholder vote was postponed according to a prominent Canadian energy expert.
Cenovus Energy (CVE) Merger Vote with MEG Energy Rescheduled
Cenovus Energy (CVE) Merger Vote with MEG Energy Rescheduled
Cenovus Energy (CVE) Expands Efforts to Secure MEG Energy Takeover
Cenovus Energy (CVE) Expands Efforts to Secure MEG Energy Takeover
MEG Delays Cenovus Meeting, Says Deal Still Doesn’t Have the Votes
Oil producer MEG Energy Corp. postponed its planned shareholder vote on a takeover offer from Canadian rival Cenovus Energy Inc., saying it’s still just short of the support it needs for the deal to p...
Cenovus pushes back shareholder vote on MEG Energy deal with support still lacking
MEG Energy postpones shareholder meeting to vote on merger with Cenovus
MEG Energy Corp said on Tuesday it has postponed a shareholder meeting to vote on its proposed takeover by Cenovus Energy to October 30, after the latter exercised its right to delay it, allowing more...
Cenovus Shares Jump 2.5% on MEG Energy Investment, Fueling Canada’s Energy M&A Buzz
Cenovus Energy Inc., a heavy player in the oil sands industry in Canada, has stepped up investments in MEG Energy Corp., buying an additional 5million shares to have a controlling investment in the co...
Why the MEG Energy fight is familiar — and yet highly unusual
Watch: This week's episode of Fuelled unpacks the latest hostile fight for control in Canada’s oilpatch
Data shows strength & stability across oil sands: O'Rourke
Patrick O'Rourke, managing director and equity research analyst at ATB Securities, joins BNN Bloomberg to discuss Cenovus acquiring 8.5% of MEG Energy shares ah
Investors complain to regulator over MEG Energy brawl in another surprising twist
'This is a circumvention of a fair and competitive process.... stuffing the ballot to tip the scales towards (Cenvovus's) offer'