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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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31.70 +0.46 +1.47%

- Closed. Currency in CAD ( Disclaimer )

Volume: 979,851
Bid/Ask: 31.70 / 31.74
Day's Range: 31.14 - 31.81

Type: Equity

Market: Canada

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MEG Income Statement

Featured here, the Income Statement (earnings report) for MEG Energy Corp, showing the company's financial performance from operating and non operating activities such as revenue, expenses and income for the last 4 periods (either quarterly or annually).

Annual Quarterly

InvestingPro

Advanced Income Statement

Period Ending:

2023

31/12

2023

30/09

2023

30/06

2023

31/03

Total Revenue

1444

1438

1291

1480

Revenue	1327	1438	1291	1439
Other Revenue, Total	117	-	-	41

Cost of Revenue, Total

805

638

736

912

Gross Profit

639

800

555

568

Total Operating Expenses

1258

1058

1119

1333

Selling/General/Admin. Expenses, Total	252	264	245	277
Research & Development	-	-	-	-
Depreciation / Amortization	1	146	117	0.7
Interest Expense (Income) - Net Operating	-13	-32	-34	-35
Unusual Expense (Income)	-	-	-	-
Other Operating Expenses, Total	213	42	55	178.3

Operating Income

197

380

172

147

Interest Income (Expense), Net Non-Operating

-

-

-

-

Gain (Loss) on Sale of Assets

-

-

-

-

Other, Net

71

61

4

37

Net Income Before Taxes

126

319

168

110

Provision for Income Taxes

23

70

32

29

Net Income After Taxes

103

249

136

81

Minority Interest

-

-

-

-

Equity In Affiliates

-

-

-

-

U.S GAAP Adjustment

-

-

-

-

Net Income Before Extraordinary Items

103

249

136

81

Total Extraordinary Items

-

-

-

-

Net Income

103

249

136

81

Total Adjustments to Net Income

-

-

-

-

Income Available to Common Excluding Extraordinary Items

103

249

136

81

Dilution Adjustment

0.9

1.32

-0.3

-1.04

Diluted Net Income

102.1

247.68

136.3

82.04

Diluted Weighted Average Shares

279.49

288

290

293

Diluted EPS Excluding Extraordinary Items

0.365

0.86

0.47

0.28

DPS - Common Stock Primary Issue

-

-

-

-

Diluted Normalized EPS

0.264

0.697

0.366

0.243

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

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View advanced insights on the income statement, 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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Jason Beniuk Dec 02, 2021 10:27

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

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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.

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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.

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tony the montana Nov 09, 2021 13:22

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buy

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tony the montana Nov 09, 2021 13:11

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buy

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tony the montana Nov 09, 2021 12:52

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bought 11.15 going to 12

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Brian Harmsworth Jul 01, 2021 12:51

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going to run tomorrow

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Krishnaji Parvataneni Jun 04, 2021 9:50

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Cenovus may buy this as well!

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Krishnaji Parvataneni Jun 04, 2021 9:50

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Cenovus may buy this as well!

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Jamil Fayaz Feb 11, 2021 8:08

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oil sand stock

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