MEG Energy Corp. (TSX: MEG)
Market Cap | 6.27B |
Revenue (ttm) | 5.45B |
Net Income (ttm) | 504.00M |
Shares Out | 263.33M |
EPS (ttm) | 1.83 |
PE Ratio | 12.98 |
Forward PE | 11.59 |
Dividend | 0.40 (1.62%) |
Ex-Dividend Date | Dec 16, 2024 |
Volume | 1,917,460 |
Open | 24.54 |
Previous Close | 24.64 |
Day's Range | 23.49 - 24.54 |
52-Week Range | 22.79 - 33.70 |
Beta | 2.89 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 28, 2025 |
About MEG Energy
MEG Energy Corp., an energy company, focuses on sustainable 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, as well as lower carbon emissions. 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 2023, MEG Energy's revenue was 5.65 billion, a decrease of -7.60% compared to the previous year's 6.12 billion. Earnings were 569.00 million, a decrease of -36.92%.
Financial StatementsNews
Eric Nuttall's Top Picks: MEG Energy, ARC Resources and Tamarack Valley Energy
Eric Nuttall's Market Outlook: Energy stocks, discusses his top picks:MEG Energy, ARC Resources and Tamarack Valley Energy
MEG Energy Corp. (MEGEF) Q3 2024 Earnings Call Transcript
Meg Energy reports Q3 results
MEG Energy announces third quarter 2024 financial and operating results
CALGARY, AB , Nov. 5, 2024 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its third quarter 2024 operational and financial results. 1 "Following another strong financial an...
MEG Energy moves up after pledging full shareholder returns following debt reduction
MEG Energy increases capital returns to shareholders to 100% of free cash flow after completing debt reduction strategy.
Eric Nuttall's Top Picks: Meg Energy, Tamarack Valley Energy, and Freehold Royalties
Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses his top picks: Meg Energy, Tamarack Valley Energy, and Freehold Royalties.
MEG Energy: Primed For Growth (Rating Upgrade)
MEG Energy: Dividends Are Finally Arriving (Rating Upgrade)
MEG Energy Corp (MEGEF) Q2 2024 Earnings Call Transcript Highlights: Strong Free Cash Flow and ...
MEG Energy Corp (MEGEF) Q2 2024 Earnings Call Transcript Highlights: Strong Free Cash Flow and Production Growth Amid Wildfire Challenges
Q2 2024 MEG Energy Corp Earnings Call Transcript
Q2 2024 MEG Energy Corp Earnings Call Transcript
MEG Energy Corp. (MEGEF) Q2 2024 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ETCompany ParticipantsDarlene Gates - Chief Executive OfficerRyan...
MEG Energy declares CAD 0.10 dividend
MEG Energy (MEG:CA) declares CAD 0.10/share quarterly dividend. Payable Oct. 15; for shareholders of record Sept. 17; ex-div Sept. 17.
Meg Energy FFO of C$1.30, revenue of C$1.37B
MEG Energy announces second quarter 2024 financial and operating results and declares inaugural quarterly cash dividend
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are deta...
Wildfires Threaten Canadian Oil Output as MEG Evacuates Workers
A flareup of wildfires in Alberta is threatening as much as half a million barrels a day of output, with MEG Energy Corp becoming the latest company to evacuate workers.
Alberta wildfires prompt MEG Energy oilsands site evacuation
The company says the move was a precautionary one, and that the wildfires do not pose an imminent threat
Alberta wildfires threaten Canadian Natural, Imperial, MEG Energy oil sites
MEG Energy: Moving To 100% Free Cash Flow Return
Discover why MEG Energy Corp. is making waves with its debt reduction and free cash flow targets, and why we're holding off on a buy rating.
MEG Energy Corp. (MEGEF) Q1 2024 Earnings Call Transcript
MEG Energy Corp. (OTCPK:MEGEF) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ETCompany ParticipantsDarlene Gates – Chief Executive OfficerRyan Kubik...
Trans Mountain to deliver better prices for Canadian oil ‘for years,’ says Meg Energy
But predicts pipeline will meet its capacity within five years
Meg Energy GAAP EPS of C$0.36, revenue of C$1.36B
MEG Energy reports Q1 2024 financial results with a GAAP EPS of C$0.36 and a revenue decline of 8.1% YoY to C$1.36B.
MEG Energy announces first quarter 2024 financial and operating results
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are deta...
MEG Energy: Impacts Of The New Royalty Regime - Trans Mountain Expansion, Increased Payouts
MEG Energy is expected to benefit from narrowing heavy oil differential caused by the coming TMX pipeline. Click here to read an analysis of MEGEF stock now.