MEG Energy Corp. (TSX:MEG)

MEG Energy Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	195	156	160	192	361	114
Short-Term Investments	22	19	14	13	14	15
Cash & Short-Term Investments	217	175	174	205	375	129
Cash Growth	117.00%	0.57%	-15.12%	-45.33%	190.70%	-42.41%
Receivables	179	421	451	475	482	263
Inventory	325	258	235	185	157	96
Other Current Assets	-	-	2	78	36	9
Total Current Assets	721	854	862	943	1,050	497
Property, Plant & Equipment	5,856	5,684	5,811	5,889	6,004	6,118
Other Intangible Assets	3	3	3	4	5	7
Long-Term Accounts Receivable	7	7	8	10	12	15
Long-Term Deferred Tax Assets	-	-	-	-	296	382
Long-Term Deferred Charges	6	7	8	8	8	8
Other Long-Term Assets	184	189	206	179	218	197
Total Assets	6,777	6,744	6,898	7,033	7,593	7,224
Accounts Payable	425	455	475	473	455	269
Accrued Expenses	40	38	55	144	125	88
Current Portion of Long-Term Debt	-	-	-	3	285	-
Current Portion of Leases	15	16	15	17	22	28
Other Current Liabilities	45	45	39	17	12	57
Total Current Liabilities	525	554	584	654	899	442
Long-Term Debt	812	858	1,124	1,578	2,477	2,912
Long-Term Leases	222	231	244	227	244	258
Long-Term Deferred Tax Liabilities	428	362	177	24	-	-
Other Long-Term Liabilities	172	186	242	167	165	106
Total Liabilities	2,159	2,191	2,371	2,650	3,785	3,718
Common Stock	4,472	4,571	4,845	5,164	5,486	5,460
Additional Paid-In Capital	170	176	180	169	172	177
Retained Earnings	-62	-242	-531	-988	-1,875	-2,158
Comprehensive Income & Other	38	48	33	38	25	27
Shareholders' Equity	4,618	4,553	4,527	4,383	3,808	3,506
Total Liabilities & Equity	6,777	6,744	6,898	7,033	7,593	7,224
Total Debt	1,049	1,105	1,383	1,825	3,028	3,198
Net Cash (Debt)	-832	-930	-1,209	-1,620	-2,653	-3,069
Net Cash Per Share	-3.18	-3.44	-4.20	-5.24	-8.53	-10.16
Filing Date Shares Outstanding	254.4	256.8	272.1	287.8	307	302.68
Total Common Shares Outstanding	254.38	260.15	274.64	291.08	306.87	302.68
Working Capital	196	300	278	289	151	55
Book Value Per Share	18.15	17.50	16.48	15.06	12.41	11.58
Tangible Book Value	4,615	4,550	4,524	4,379	3,803	3,499
Tangible Book Value Per Share	18.14	17.49	16.47	15.04	12.39	11.56
Machinery	-	-	-	-	47	88

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.