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MEG Energy Corp (MEGEF)

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16.732 +0.152    +0.92%
08/02 - Closed. Currency in USD ( Disclaimer )
After Hours
16.740
+0.008
+0.048%
15:58:37 - Delayed Data
Type:  Equity
Market:  United States
  • Volume: 52,534
  • Bid/Ask: 0.000 / 0.000
  • Day's Range: 16.570 - 16.886
MEG Energy Corp 16.732 +0.152 +0.92%

MEGEF 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.

MEG Energy Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 1,571 million compared to CAD 1,091 million a year ago. Net income was CAD 156 million compared to CAD 54 million a year ago. Basic earnings per share from continuing operations was CAD 0.51 compared to CAD 0.17 a year ago. Diluted earnings per share from continuing operations was CAD 0.51 compared to CAD 0.17 a year ago.For the nine months, revenue was CAD 4,673 million compared to CAD 3,014 million a year ago. Net income was CAD 743 million compared to CAD 105 million a year ago. Basic earnings per share from continuing operations was CAD 2.42 compared to CAD 0.34 a year ago. Diluted earnings per share from continuing operations was CAD 2.38 compared to CAD 0.34 a year ago.

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

MEGEF Income Statement

Gross margin TTM 44.7%
Operating margin TTM 26.45%
Net Profit margin TTM 15.4%
Return on Investment TTM 17.58%
 Total Revenue  Net Income
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Total Revenue 1571 1571 1531
Gross Profit 777 780 854
Operating Income 388 434 491
Net Income 156 225 362

MEGEF Balance Sheet

Quick Ratio MRQ 1.17
Current Ratio MRQ 1.63
LT Debt to Equity MRQ 40.09%
Total Debt to Equity MRQ 46.49%
 Total Assets  Total Liabilities
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Total Assets 7175 7450 7644 7593
Total Liabilities 2757 3111 3466 3785
Total Equity 4418 4339 4178 3808

MEGEF Cash Flow Statement

Cash Flow/Share TTM 5.27
Revenue/Share TTM 19.65
Operating Cash Flow  69.66%
 Cash  Net Change in Cash
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 434 611 317
Cash From Investing Activities -89 -92 -88
Cash From Financing Activities -444 -578 -291
Net Change in Cash -75 -46 -71
* In Millions of (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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