<- Go Home

MEG Energy Corp.

As of January 1, 2026, MEG Energy Corp. was acquired by Cenovus Energy Inc. MEG Energy Corp., an energy company, focuses on in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil. It also transports and sells thermal oil in North America and internationally. The company was incorporated in 1999 and is headquartered in Calgary, Canada.

Market Cap

CAD 6.6B

Volume

1.9M

Cash and Equivalents

CAD 130.0M

EBITDA

CAD 1.3B

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

CAD 2.3B

Profit Margin

55.26%

52 Week High

CAD 31.09

52 Week Low

CAD 17.00

Dividend

1.42%

Price / Book Value

1.65

Price / Earnings

14.68

Price / Tangible Book Value

1.65

Enterprise Value

CAD 7.5B

Enterprise Value / EBITDA

5.88

Operating Income

CAD 841.0M

Return on Equity

11.59%

Return on Assets

7.69

Cash and Short Term Investments

CAD 191.0M

Debt

CAD 1.1B

Equity

CAD 4.8B

Revenue

CAD 4.2B

Unlevered FCF

CAD 268.6M

Sector

Oil, Gas and Consumable Fuels

Category

N/A

Company Stock Pitches