MEG Energy Corp. (TSX:MEG)
Canada · Delayed Price · Currency is CAD | Market Cap | 6.62B -2.3% |
| Revenue (ttm) | 4.25B -22.0% |
| Net Income | 543.00M +7.7% |
| EPS | 2.10 +14.8% |
| Shares Out | 214.24M |
| PE Ratio | 14.68 |
| Forward PE | 16.77 |
| Dividend | 0.44 (1.42%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 6,350,674 |
| Open | 30.50 |
| Previous Close | 30.67 |
| Day's Range | 30.49 - 31.03 |
| 52-Week Range | 17.00 - 31.09 |
| Beta | 1.01 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 27, 2026 |
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. As of November 13, 2025, MEG Energy Corp. operates as a subsidiary of Cenovus Energy Inc... [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 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.
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 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 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 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 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.
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...
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.
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.
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...
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RBC Capital Bumps Up MEG Energy Price Target By 5%
MEG Energy Corp (TSX: MEG) (OTC: MEGEF) price target has been raised to C$22 from C$21 by RBC Capital analyst Greg Pardy. The analyst maintained his Outperform rating on the shares.
Try Your Luck in My 3-Stock Derby
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