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MEG Energy Corp (MEG)

	Symbol	Exchange	Currency
	MEG	Toronto	CAD	Real-time
	MEGEF	OTC Markets	USD	Delayed
	MEG	CBOE Canada	CAD	Real-time

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31.27 -0.51 -1.60%

18/04 - Closed. Currency in CAD ( Disclaimer )

Type: Equity

Market: Canada

Volume: 974,459
Bid/Ask: 31.23 / 31.27
Day's Range: 31.13 - 32.14

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TSX:MEG Financials

A brief overview of the TSX:MEG financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of MEG Energy Corp over time.

MEG Energy Corp. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was CAD 5,653 million compared to CAD 6,118 million a year ago. Net income was CAD 569 million compared to CAD 902 million a year ago. Basic earnings per share from continuing operations was CAD 2 compared to CAD 2.97 a year ago. Diluted earnings per share from continuing operations was CAD 1.98 compared to CAD 2.92 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

MEG Income Statement

Gross margin TTM 45.32%

Operating margin TTM 15.66%

Net Profit margin TTM 10.07%

Return on Investment TTM 10.95%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue	1444	1438	1291	1480
Gross Profit	639	800	555	568
Operating Income	197	380	172	147
Net Income	103	249	136	81

MEG Balance Sheet

Quick Ratio MRQ 1.07

Current Ratio MRQ 1.48

LT Debt to Equity MRQ 24.83%

Total Debt to Equity MRQ 30.55%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets	6898	7146	6846	6931
Total Liabilities	2371	2505	2405	2561
Total Equity	4527	4641	4441	4370

MEG Cash Flow Statement

Cash Flow/Share TTM 4.83

Revenue/Share TTM 20.26

Operating Cash Flow 91.78%

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	536	332	244	237
Cash From Investing Activities	-105	-125	-137	-111
Cash From Financing Activities	-389	-152	-123	-232
Net Change in Cash	35	59	-19	-107

* In Millions of CAD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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MEG Comments

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Paul Barron Jan 16, 2024 10:31AM ET

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I bought the dip. Would like a recovery now. Lol

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Paul Barron Jan 16, 2024 10:27AM ET

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Can you see me now?

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Jason Beniuk Sep 30, 2022 9:40AM ET

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Production records broken daily

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Jason Beniuk Apr 06, 2022 10:54AM ET

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No major cap expinditures. Just making bank. No hedges

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Jason Beniuk Apr 01, 2022 11:44AM ET

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Paying off debt and buying back shares.

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RW Ly Sep 13, 2020 1:31PM ET

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Anyone else hearing unsolicited offer of MEG coming this week?

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Alex Kiliti Jun 11, 2020 8:07AM ET

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back to 2 dollars?

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Kons Ko Jun 11, 2020 8:07AM ET

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Correct

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Richard Fortin May 18, 2020 3:32PM ET

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Triple your money before end of summer!

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Stkhntr May 18, 2020 3:32PM ET

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Good call , I am building my energy porfolio up for this reversal that has to come with the BS ending and the jets starting to fly etc. Got in just over $2 and its at gap fill so probably settle a little this week than run up to $6.00

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jean labbe May 06, 2020 9:22AM ET

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300% overvalued

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Richard Fortin May 05, 2020 3:47PM ET

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You can wait on the sidelines while we double our money this week.

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