Breaking News

Close

MEG Energy Corp (MEG)

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

Add to/Remove from a Portfolio Add to Watchlist

20.30 -0.10 -0.49%

- Closed. Currency in CAD ( Disclaimer )

Volume: 2,944,155
Bid/Ask: 20.29 / 20.31
Day's Range: 20.26 - 21.03

Type: Equity

Market: Canada

General
Chart
- Streaming Chart
- Interactive Chart
News & Analysis
- News
- Analysis & Opinion
Financials
Technical
Forum

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.

MEG Energy Corp. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported revenue was CAD 6,118 million compared to CAD 4,321 million a year ago. Net income was CAD 902 million compared to CAD 283 million a year ago. Basic earnings per share from continuing operations was CAD 2.97 compared to CAD 0.92 a year ago. Diluted earnings per share from continuing operations was CAD 2.92 compared to CAD 0.91 a year ago.

Annual Quarterly

InvestingPro

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

MEG Income Statement

Gross margin TTM 51.24%

Operating margin TTM 25.38%

Net Profit margin TTM 14.74%

Return on Investment TTM 17.38%

Total Revenue Net Income

Period Ending:	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022
Total Revenue	1445	1571	1571	1531
Gross Profit		777	780	854
Operating Income	240	388	434	491
Net Income	159	156	225	362

MEG Balance Sheet

Quick Ratio MRQ 1.04

Current Ratio MRQ 1.44

LT Debt to Equity MRQ 36%

Total Debt to Equity MRQ 41.64%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022
Total Assets	7033	7175	7450	7644
Total Liabilities	2650	2757	3111	3466
Total Equity	4383	4418	4339	4178

MEG Cash Flow Statement

Cash Flow/Share TTM 6.39

Revenue/Share TTM 20.72

Operating Cash Flow 0.00%

Cash Net Change in Cash

Period Ending:	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities		434	611	317
Cash From Investing Activities	-85	-89	-92	-88
Cash From Financing Activities	-414	-444	-578	-291
Net Change in Cash	23	-75	-46	-71

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

InvestingPro

Go to Dashboard InvestingPro

InvestingPro

Unlock access to over 1000 metrics with InvestingPro

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.

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically.
Use standard writing style. Include punctuation and upper and lower cases.
NOTE: Spam and/or promotional messages and links within a comment will be removed
Avoid profanity, slander or personal attacks directed at an author or another user.
Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read and understood Investing.com Canada's comment guidelines and agree to the terms described.

MEG Comments

Write your thoughts about MEG Energy Corp

Are you sure you want to delete this chart?

Post also to:

Replace the attached chart with a new chart ?

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

Jason Beniuk Dec 02, 2021 10:27

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Paying off debt. No cap expenditures in near future. Making bank

7 0

Jason Beniuk Dec 02, 2021 10:26

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Meg is keeping production at an all time high and have been producing record amounts of oil. They have decided only to sustain the field for cap ex. Paying off debt.

0 0

Jason Beniuk Dec 02, 2021 10:26

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Meg is keeping production at an all time high and have been producing record amounts of oil. They have decided only to sustain the field for cap ex. Paying off debt.

0 0

tony montana Nov 09, 2021 13:22

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

buy

0 0

tony montana Nov 09, 2021 13:11

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

buy

0 0

tony montana Nov 09, 2021 12:52

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

bought 11.15 going to 12

0 0

Brian Harmsworth Jul 01, 2021 12:51

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

going to run tomorrow

0 0

Krishnaji Parvataneni Jun 04, 2021 9:50

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Cenovus may buy this as well!

0 0

Krishnaji Parvataneni Jun 04, 2021 9:50

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Cenovus may buy this as well!

0 0

Jamil Fayaz Feb 11, 2021 8:08

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

oil sand stock

0 0

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="218769002">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="218769002" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button" data-reg_ep="follow comment">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save"  data-reg_ep="save comment">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="218769002" data-reg_ep="block user comments">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d68-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="218769002">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button" data-reg_ep="follow comment">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save"  data-reg_ep="save comment">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d68-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d68-invdn-com.investing.com/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
		</div>
    </div>
			</div>
			<div id="show-more-comments">
				<a class="showMoreComments block">
					<span class="arial_12 showArrowafter">Show more comments (<span class="js-amount"></span>)</span>
				</a>
			</div>
			<div id="show-more-replies">
				<a class="showMoreReplies block">
					<span class="arial_12 showArrowafter">Show more replies (<span class="js-amount"></span>)</span>
				</a>
			</div>

Are you sure you want to delete this chart?

Replace the attached chart with a new chart ?

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

I feel that this comment is:

Spam

Offensive

Thank You!

Your report has been sent to our moderators for review

More Categories

1D1W1M6M1Y5YMax

	S&P/TSX	19,532.78	-122.14	-0.62%
	S&P/TSX 60	1,173.00	-8.05	-0.68%
	US 30	32,166.7	+136.6	+0.43%
	US 500	3,954.9	+17.9	+0.46%
	S&P 500 VIX	22.26	+0.00	+0.00%
	DAX	15,216.19	+20.85	+0.14%
	Dollar Index	101.802	-0.170	-0.17%

	Crude Oil WTI	70.09	-0.81	-1.14%
	Brent Oil	75.97	-0.72	-0.94%
	Natural Gas	2.207	-0.009	-0.41%
	Gold	1,978.55	+28.95	+1.48%
	Silver	23.078	+0.292	+1.28%
	US Soybeans	1,450.75	+2.25	+0.16%
	US Cotton #2	78.71	+0.34	+0.43%

	Bombardier Inc	61.820	+2.320	+3.90%
	Enbridge	36.61	-0.47	-1.27%
	Air Canada	18.31	-0.43	-2.29%
	Ovintiv	21.70	-0.39	-1.77%
	Apple	157.83	-1.45	-0.91%
	Alibaba ADR	83.65	-0.05	-0.06%
	Twitter Inc	53.70	+0.00	+0.00%

	Canada 5Y	2.804	0.018	0.65%
	Canada 10Y	2.747	0.017	0.60%
	Canada 30Y	2.914	0.018	0.60%
	U.S. 2Y	3.8875	-0.0930	-2.35%
	U.S. 10Y	3.455	-0.045	-1.29%
	U.S. 30Y	3.680	-0.017	-0.45%
	Germany 10Y	2.3235	-0.0055	-0.24%

Recent Quotes

	Name	Price	Chg.	Chg. %
	MEG	20.30	-0.10	-0.49%

	Name	Last	Chg. %	Vol.
	TC Energy	51.98	-0.59%	10.00M
	Suncor Energy	41.18	-1.32%	8.86M
	Enbridge	50.26	-1.14%	7.79M
	Toronto Dominion Bank	78.09	-0.51%	7.41M
	Canadian Imperial Bank	57.38	-0.50%	5.99M
	Toronto Dominion Bank	77.97	-0.65%	4.35M
	RBC	127.99	-1.38%	2.61M

	Name	Last	Chg. %	Vol.
	Plantable Health	0.02	+100.00%	2.72K
	NeutriSci International	0.020	+100.00%	7.00K
	Birchtree Investments	0.04	+80.00%	42.00K
	DeepMarkit	0.015	50.00%	20.00K
	Aurcana	0.01	50.00%	6.00K
	Fabled Copper	0.01	50.00%	466.81K
	Molecule Holdings	0.015	+50.00%	1.71M

	Name	Last	Chg. %	Vol.
	Southern Arc Minerals	0.06	-57.14%	5.00K
	Memex	0.0050	-50.00%	5.02K
	Contagious Gaming	0.0050	-50.00%	34.50K
	PeakBirch Logic	0.005	-50.00%	26.00K
	Discovery Harbour	0.0050	-50.00%	296.00K
	HTC Purenergy Inc.	0.0050	-50.00%	2.50K
	Galore Resources	0.0150	-50.00%	149.00K