MEG Energy Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	543	507	569	902	283	-357
Depreciation & Amortization	426	620	596	507	450	410
Stock-Based Compensation	29	19	103	13	-33	-15
Other Adjustments	198	250	211	501	58	198
Changes in Other Operating Activities	-118	-56	-130	-35	-68	66
Operating Cash Flow	1,080	1,340	1,349	1,888	690	302
Operating Cash Flow Growth	-30.81%	-0.67%	-28.55%	173.62%	128.48%	-52.14%
Capital Expenditures	-658	-548	-449	-376	-331	-149
Sale of Property, Plant & Equipment	-	-	-	6	44	6
Other Investing Activities	-14	47	-29	16	6	-46
Investing Cash Flow	-672	-501	-478	-354	-281	-189
Long-Term Debt Issued	-	-	-	-	769	1,581
Long-Term Debt Repaid	-68	-351	-437	-1,325	-889	-1,723
Net Long-Term Debt Issued (Repaid)	-68	-351	-437	-1,325	-120	-142
Issuance of Common Stock	-	1	1	24	5	-
Repurchase of Common Stock	-319	-454	-446	-382	-	-
Net Common Stock Issued (Repurchased)	-319	-453	-445	-358	5	-
Common Dividends Paid	-105	-27	-	-	-	-
Other Financing Activities	-17.5	-29	-14	-44	-50	-74
Financing Cash Flow	-441	-860	-896	-1,727	-165	-216
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5	17	-7	24	3	11
Net Cash Flow	-28	-4	-32	-169	247	-92
Beginning Cash & Cash Equivalents	158	160	192	361	114	206
Ending Cash & Cash Equivalents	130	156	160	192	361	114
Free Cash Flow	422	792	900	1,512	359	153
Free Cash Flow Growth	-46.72%	-12.00%	-40.48%	321.17%	134.64%	-64.66%
FCF Margin	9.94%	15.38%	15.92%	24.71%	8.31%	6.68%
Free Cash Flow Per Share	1.64	2.93	3.13	4.89	1.15	0.51
Levered Free Cash Flow	125	172	149	-327	214	-172
Unlevered Free Cash Flow	287.7	605.31	703.26	1,165	537.36	178.06