MEG Energy Corp.

Toronto Stock Exchange MEG.TO

MEG Energy Corp. Revenue for the year ending December 31, 2023: USD 4.27 B

MEG Energy Corp. Revenue is USD 4.27 B for the year ending December 31, 2023, a -8.85% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • MEG Energy Corp. Revenue for the year ending December 31, 2022 was USD 4.68 B, a 34.61% change year over year.
  • MEG Energy Corp. Revenue for the year ending December 31, 2021 was USD 3.48 B, a 92.50% change year over year.
  • MEG Energy Corp. Revenue for the year ending December 31, 2020 was USD 1.81 B, a -40.97% change year over year.
  • MEG Energy Corp. Revenue for the year ending December 31, 2019 was USD 3.06 B, a 50.66% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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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
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.

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StockViz Staff

January 15, 2025

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