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MEG Energy Corp (MEG)

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19.38 +0.30    +1.57%
10:23:21 - Real-time Data. Currency in CAD ( Disclaimer )
Type:  Equity
Market:  Canada
  • Volume: 158,800
  • Bid/Ask: 19.36 / 19.39
  • Day's Range: 19.32 - 19.83
MEG Energy Corp 19.38 +0.30 +1.57%

MEG Financial Summary

 
A brief financial summary of MEG Energy Corp as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

For the three months ended 31 March 2022, MEG Energy Corp revenues increased 68% to C$1.53B. Net income totaled C$362M vs. loss of C$17M. Revenues reflect Petroleum revenue, net of royalties segment increase of 70% to C$1.51B, United States segment increase of 92% to C$963M, Canada segment increase of 51% to C$591M. Net Income reflects loss (gain) on commodity risk management decrease from C$88M (expense) to C$4M (income).

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

MEG Income Statement

Gross margin TTM 44.7%
Operating margin TTM -
Net Profit margin TTM -
Return on Investment TTM -
 Total Revenue  Net Income
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Revenue 1531 1307 1091 1009
Gross Profit 736 534 461 410
Operating Income 493 267 232 100
Net Income 362 178 54 68

MEG Balance Sheet

Quick Ratio MRQ -
Current Ratio MRQ 1.63
LT Debt to Equity MRQ -
Total Debt to Equity MRQ -
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Assets 7644 7593 7352 7401
Total Liabilities 3466 3785 3724 3837
Total Equity 4178 3808 3628 3564

MEG Cash Flow Statement

Cash Flow/Share TTM -
Revenue/Share TTM -
Operating Cash Flow  39.33%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Period Length: 3 Months 12 Months 9 Months 6 Months
Cash From Operating Activities 317 690 449 192
Cash From Investing Activities -88 -281 -191 -122
Cash From Financing Activities -291 -165 -158 -22
Net Change in Cash -71 247 96 45
* In Millions of CAD (except for per share items)
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MEG Comments

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Jason Beniuk
Jason Beniuk Sep 30, 2022 9:40AM ET
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Production records broken daily
Jason Beniuk
Jason Beniuk Apr 06, 2022 10:54AM ET
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No major cap expinditures. Just making bank. No hedges
Jason Beniuk
Jason Beniuk Apr 01, 2022 11:44AM ET
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Paying off debt and buying back shares.
RW Ly
RW Ly Sep 13, 2020 1:31PM ET
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Anyone else hearing unsolicited offer of MEG coming  this week?
Alex Kiliti
Alex Kiliti Jun 11, 2020 8:07AM ET
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back to 2 dollars?
Kons Ko
Kons Ko Jun 11, 2020 8:07AM ET
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Correct
Richard Fortin
Richard Fortin May 18, 2020 3:32PM ET
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Triple your money before end of summer!
Paul Woodward
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
jean labbe
jean labbe May 06, 2020 9:22AM ET
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300% overvalued
Richard Fortin
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.
RM Raj
RM Raj May 05, 2020 1:46PM ET
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MEG Energy posts $284-million loss and cuts capital spending guidance again.... But still going up for no reason
DW Oil
OILCRASHING May 05, 2020 1:46PM ET
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beacause net assets if they went bankrupt puts its at net value over 8 bucks lol
RM Raj
RM Raj May 04, 2020 11:21AM ET
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why is this going up now...
DW Oil
OILCRASHING May 04, 2020 11:21AM ET
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rumours of being bought !
 
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