MEG Energy Corp.

Toronto Stock Exchange:MEG.TO

Sector

⚡️ Energy

Industries

🛢 Oil Sands

🛠 Drilling

🌋 Geothermal Energy

🛢 Oil Extraction

⛽ Oil & Gas

Location

Canada

Market Cap

USD 5.00 B

Share Price

USD 19.65

Avg Daily Volume

2,176,423

Change (1 day)

1.18%

Change (1 year)

-4.29%

Change (YTD)

19.81%

MEG Energy Corp. EBIT for the year ending December 31, 2024: USD 542.02 M

MEG Energy Corp. EBIT is USD 542.02 M for the year ending December 31, 2024, a -15.98% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.

MEG Energy Corp. EBIT for the year ending December 31, 2023 was USD 645.10 M, a -36.45% change year over year.
MEG Energy Corp. EBIT for the year ending December 31, 2022 was USD 1.02 B, a 110.83% change year over year.
MEG Energy Corp. EBIT for the year ending December 31, 2021 was USD 481.48 M, a -392.14% change year over year.
MEG Energy Corp. EBIT for the year ending December 31, 2020 was USD -164.81 M, a -153.15% change year over year.

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Key data

Date	EBIT	EBITDA	Net Income	EPS (Diluted)

Toronto Stock Exchange: MEG.TO

MEG Energy Corp.

CEO	Ms. Darlene M. Gates
IPO Date	Aug. 17, 2010
Location	Canada
Headquarters	600 - 3rd Avenue SW
Employees	473
Sector	⚡️ Energy
Industries Oil Sands 🛠 Drilling 🌋 Geothermal Energy 🛢 Oil Extraction ⛽ Oil & Gas

Description

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.