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MEG Energy Corp.TSX:MEG Stock Report

Market Cap CA$7.3b
Share Price
CA$28.23
My Fair Value
CA$29.11
3.0% undervalued intrinsic discount
1Y11.1%
7D0.3%
Portfolio Value
View

MEG Energy Corp.

TSX:MEG Stock Report

Market Cap: CA$7.3b

MEG Energy (MEG) Stock Overview

An energy company, focuses on in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. More details

MEG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends2/6

MEG Community Fair Values

Create Narrative

See what 31 others think this stock is worth. Follow their fair value or set your own to get alerts.

MEG Energy Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for MEG Energy
Historical stock prices
Current Share PriceCA$28.23
52 Week HighCA$29.50
52 Week LowCA$17.00
Beta1.66
1 Month Change-0.071%
3 Month Change9.72%
1 Year Change11.10%
3 Year Change75.02%
5 Year Change934.07%
Change since IPO-19.37%

Recent News & Updates

Recent updates

Sentiment Still Eluding MEG Energy Corp. (TSE:MEG)

May 07
Sentiment Still Eluding MEG Energy Corp. (TSE:MEG)

There's Been No Shortage Of Growth Recently For MEG Energy's (TSE:MEG) Returns On Capital

Feb 20
There's Been No Shortage Of Growth Recently For MEG Energy's (TSE:MEG) Returns On Capital

Calculating The Intrinsic Value Of MEG Energy Corp. (TSE:MEG)

Feb 05
Calculating The Intrinsic Value Of MEG Energy Corp. (TSE:MEG)

Is MEG Energy (TSE:MEG) Using Too Much Debt?

Jan 22
Is MEG Energy (TSE:MEG) Using Too Much Debt?

Market Still Lacking Some Conviction On MEG Energy Corp. (TSE:MEG)

Jan 08
Market Still Lacking Some Conviction On MEG Energy Corp. (TSE:MEG)
User avatar

Trans Mountain Expansion And Carbon Capture Drive Growth And Boost Shareholder Value

Improved market access and pricing for Canadian heavy oil reduces earnings volatility and supports revenue growth through TMX startup.

Does MEG Energy (TSE:MEG) Deserve A Spot On Your Watchlist?

Oct 15
Does MEG Energy (TSE:MEG) Deserve A Spot On Your Watchlist?

Is MEG Energy (TSE:MEG) Using Too Much Debt?

Oct 03
Is MEG Energy (TSE:MEG) Using Too Much Debt?

Shareholder Returns

MEGCA Oil and GasCA Market
7D0.3%1.3%0.3%
1Y11.1%18.5%21.3%

Return vs Industry: MEG underperformed the Canadian Oil and Gas industry which returned 19.7% over the past year.

Return vs Market: MEG underperformed the Canadian Market which returned 21% over the past year.

Price Volatility

Is MEG's price volatile compared to industry and market?
MEG volatility
MEG Average Weekly Movement2.5%
Oil and Gas Industry Average Movement6.5%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.9%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MEG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MEG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999474Darlene Gateswww.megenergy.com

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.

MEG Energy Corp. Fundamentals Summary

How do MEG Energy's earnings and revenue compare to its market cap?
MEG fundamental statistics
Market capCA$7.29b
Earnings (TTM)CA$551.00m
Revenue (TTM)CA$4.33b
13.0x
P/E Ratio
1.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEG income statement (TTM)
RevenueCA$4.33b
Cost of RevenueCA$1.98b
Gross ProfitCA$2.36b
Other ExpensesCA$1.81b
EarningsCA$551.00m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 04, 2025

Earnings per share (EPS)2.17
Gross Margin54.40%
Net Profit Margin12.72%
Debt/Equity Ratio17.6%

How did MEG perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
19%
Payout Ratio

Does MEG pay a reliable dividends?

See MEG dividend history and benchmarks
When do you need to buy MEG by to receive an upcoming dividend?
MEG Energy dividend dates
Ex Dividend DateSep 12 2025
Dividend Pay DateOct 15 2025
Days until Ex dividend19 days
Days until Dividend pay date14 days

Does MEG pay a reliable dividends?

See MEG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/29 19:52
End of Day Share Price 2025/09/29 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MEG Energy Corp. is covered by 38 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Thomas DriscollBarclays
Randy OllenbergerBMO Capital Markets Equity Research