MEG Energy Corp.

Toronto Stock Exchange MEG.TO

MEG Energy Corp. Net Income for the year ending December 31, 2023: USD 429.31 M

MEG Energy Corp. Net Income is USD 429.31 M for the year ending December 31, 2023, a -35.48% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.

MEG Energy Corp. Net Income for the year ending December 31, 2022 was USD 665.41 M, a 197.40% change year over year.
MEG Energy Corp. Net Income for the year ending December 31, 2021 was USD 223.74 M, a 179.86% change year over year.
MEG Energy Corp. Net Income for the year ending December 31, 2020 was USD -280.17 M, a -487.33% change year over year.
MEG Energy Corp. Net Income for the year ending December 31, 2019 was USD -47.70 M, a 45.39% change year over year.

Key data

Date	Net Income	EPS (Diluted)	Shares (Diluted, Weighted)	Net Income Margin

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	449
Sector	Energy
Industries Oil & Gas Geothermal Energy Oil Refining

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.

Key trends

Past 5 years