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MEG Energy Corp.

MEG.TO Stock Analysis

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About MEG Energy Corp.

Oil & Gas Exploration & Production
Energy

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. The company transports and sells thermal oil to refiners in North America and internationally. As of December 31, 2021, it had approximately 2.0 billion barrels of gross proved plus probable bitumen reserves at the Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.

MEG Energy Corp. Key Metrics

Market Cap
$7B
52 Weeks Low
$22.79
52 Weeks High
$33.70
P/B
1.48x
P/E
11.60x
P/S
1.14x

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    MEG.TO Analyst Forecasts

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    MEG.TO Financials

    MEG.TO Income Statement Key Metrics

    • Revenue(TTM)5.93 B
    • Gross Profit(TTM)1.57 B
    • EBITDA(TTM)1.66 B
    • Net Income(TTM)586.00 M
    • EPS Diluted(TTM)2.09

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    MEG.TO earnings and revenue history

    Gross Profit Margin vs Peers

    Profit margin ratio of MEG.TO (0.181) is lower than the average of its peers (0.396).

    Net Profit Margin vs Peers

    Net profit margin ratio of MEG.TO (0.101) is lower than the average of its peers (0.116).

    MEG.TO Return on Equity

    See how efficiently MEG.TO generates profit for it's shareholders.

    12.57%

    10
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    100

    1. Poor

    2. Average

    3. Strong

    Return on Equity vs Peers

    Return on Equity ratio of MEG.TO (0.126) is higher than the average of its peers (0.090).

    Return on Equity Growth

    MEG.TO's Return on Equity has shown poor growth over the past 10 years, increasing by only -18.97%.

    MEG.TO Revenue Growth

    See how MEG.TO has grown it's revenue over the past 10 years.

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    Revenue Growth

    MEG.TO's revenue has shown poor growth over the past 10 years, increasing by only 6.77%.