MEG Energy Corp. (TSX:MEG)
Canada
· Delayed Price · Currency is CAD | Market Cap | 6.76B |
| Revenue (ttm) | 4.33B |
| Net Income (ttm) | 551.00M |
| Shares Out | 254.40M |
| EPS (ttm) | 2.09 |
| PE Ratio | 12.70 |
| Forward PE | 13.30 |
| Dividend | 0.44 (1.68%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 1,029,565 |
| Average Volume | 754,093 |
| Open | 26.40 |
| Previous Close | 26.20 |
| Day's Range | 26.22 - 27.27 |
| 52-Week Range | 17.00 - 28.64 |
| Beta | 1.68 |
| RSI | 52.68 |
| Earnings Date | Jul 31, 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
MEG Energy: Repurchase Program, Low Debt, Growth, And Lower Costs Will Pave The Way
Cenovus, Indigenous Groups Circle MEG Energy in Possible Joint Bid
Cenovus Energy is in talks with a coalition of Canadian Indigenous groups to jointly acquire oil sands rival MEG Energy, Bloomberg reported Tuesday, citing people familiar with the matter. The arrange...
Cenovus Energy, indigenous groups in joint talks to buy stake in MEG Energy - Bloomberg
Cenovus Said to Be in Talks With Indigenous Groups for MEG Bid
Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy Corp., an oil sands producer that faces an unsolicited $4 billion takeover bid from a Canadian oil tycoon.
'We know that MEG is definitely not going to be one': Smead on major Canadian producers
Cole Smead, CEO & Portfolio Manager at Smead Capital Management, joins BNN Bloomberg to discuss MEG Energy earnings and it's company outlook.
'We know that MEG is definitely not going to be one of those': Smead on major Canadian producers
Cole Smead, CEO & Portfolio Manager at Smead Capital Management, joins BNN Bloomberg to discuss MEG Energy earnings and it's company outlook.
MEG Energy Corp. (MEGEF) Q2 2025 Earnings Call Transcript
Recurring wildfires putting pressure on MEG: Stephenson
John Stephenson, Founder of Granite Point Research, joins BNN Bloomberg to discuss the latest MEG Energy Corp earnings results.
MEG Energy raises quarterly dividend by 10% to CAD 0.11/share
Meg Energy GAAP EPS of C$0.26, revenue of C$757M
Cenovus chief strikes cautious note on possibility of bid for MEG Energy
CEO downplays company's need for acquisition, but stops short of confirming or denying any plans
MEG Energy in ‘defence mode’ as takeover talk overshadows quarterly earnings in the oilsands
Markets are watching for a potential white-knight bid for MEG
‘A bit of a bidding war’: Cenovus Energy said to be working on bid for MEG Energy
A major oilsands company is said to be preparing a competitive bid for MEG Energy Corporation setting up the stage to challenge a lucrative offer from Strathcona Resources, as reported in the Financia...
Cenovus plans reported bid for MEG Energy
Jeff Kauffman, Partner, Transportation & Logistics Equity Research at Vertical Research Partners, joins BNN Bloomberg to discuss the outlook for M&A in railways
Cenovus Energy preparing competing bid for MEG Energy - report
Strathcona to issue special dividend if MEG Energy takeover fails - Bloomberg
Strathcona Plans Special Dividend If Takeover of Rival MEG Fails
Strathcona Resources Ltd. plans to issue a special dividend and increase the liquidity of shares traded should the company’s takeover attempt of MEG Energy Corp. fall through.
MEG Energy unlikely to find another buyer after rejecting Strathcona: expert
After MEG Energy urged its shareholders to reject a takeover proposal from rival Strathcona Resources on Monday, an expert says the Alberta-based oil company may struggle to find another buyer.
Don't see another suitor for MEG Energy: Smead
Cole Smead, CEO and portfolio manager at Smead Capital Management, joins BNN Bloomberg to share his outlook on the oil and energy sectors.
Better quality assets becoming more scarce: Portfolio manager
David Szybunka, Senior Portfolio Manager and MD, Energy Team at Canoe Financial, joins BNN Bloomberg to discuss Strathcona's takeover bid for MEG Energy.
MEG Energy’s board rejects Strathcona’s $4.2B takeover offer
MEG Energy's board urged its shareholders to reject the nearly C$6B hostile takeover offer from Strathcona Resources, calling the bid inadequate.
MEG Energy’s board urges shareholders to reject Strathcona’s $6 billion offer
Canadian oil producer MEG Energy on Monday urged its shareholders to reject a nearly $6 billion hostile takeover offer from Strathcona Resources.
Operations ramping up for oilsands companies after wildfires disrupt production
MEG Energy Corp. and Cenovus Energy Inc. announced operations are returning to normal after wildfires disrupted production near Christina Lake, south of Fort McMurray, Alta.