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MEG Energy Corp (MEGEF)

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23.060 -0.170    -0.73%
15:54:00 - Closed. Currency in USD ( Disclaimer )
After Hours
23.038
-0.022
-0.096%
17:01:12 - Delayed Data
  • Volume: 11,251
  • Bid/Ask: 0.000 / 0.000
  • Day's Range: 22.930 - 23.350
Type:  Equity
Market:  United States
MEG Energy Corp 23.060 -0.170 -0.73%

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 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.

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

MEGEF 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

MEGEF 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

MEGEF 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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MEG Comments

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Jason Beniuk
Jason Beniuk Dec 02, 2021 10:27
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Paying off debt. No cap expenditures in near future. Making bank
Jason Beniuk
Jason Beniuk Dec 02, 2021 10:26
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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.
Jason Beniuk
Jason Beniuk Dec 02, 2021 10:26
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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.
tony the montana
tony the montana Nov 09, 2021 13:22
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buy
tony the montana
tony the montana Nov 09, 2021 13:11
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buy
tony the montana
tony the montana Nov 09, 2021 12:52
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bought 11.15 going to 12
Brian Harmsworth
Brian Harmsworth Jul 01, 2021 12:51
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going to run tomorrow
Krishnaji Parvataneni
Krishnaji Parvataneni Jun 04, 2021 9:50
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Cenovus may buy this as well!
Krishnaji Parvataneni
Krishnaji Parvataneni Jun 04, 2021 9:50
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Cenovus may buy this as well!
Jamil Fayaz
Jamil Fayaz Feb 11, 2021 8:08
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oil sand stock
 
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