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MEG Energy Corp. (T:MEG)

Business Focus: Unconventional Oil & Gas Production

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for MEG within the last 6 months
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Company News

Aug 25, 2021 17:00 ET
MEG Energy Appoints Darlene Gates as Chief Operating Officer
CALGARY, AB, Aug. 25, 2021 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Company") is pleased to announce the appointment of Darlene Gates as the Company's Chief Operating Officer and Chi-Tak Yee in the new position of Chief Technology Officer commencing September 7, 2021.
Read full article
Jul 22, 2021 17:45 ET
MEG Energy announces strong second quarter results, further debt repayment, non-core asset sale and revised full year guidance
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted
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Valuation Ratios

Industry
Sector
Beta
3.46
--
--
Price to Sales - TTM
1.01
1.01
8.22
Price to Book - most recent quarter
0.92
0.92
2.64
Price to Cash Flow per share - TTM
6.97
6.97
7.89
Price to Free Cash Flow per share - TTM
52.94
52.94
20.75
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Sep 30, 20216,751,6101,639,051
Sep 15, 20215,112,559969,534
Aug 31, 20214,143,02568,157
See Short Report

Business Summary

Sector:  Energy Industry:  Oil & Gas Exploration and Production

MEG Energy Corp (MEG) is a Canada-based oil sands company. It is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is engaged in developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods. The Company has the following commercial SAGD projects: the Christina Lake Project and the Surmont Project. The Christina Lake Project is situated on over 80 square miles of oil sands leases in the southern Athabasca oil sands region of Alberta. MEG owns working interest in the oil sands leases associated with the Christina Lake Project. The Surmont Project comprises over 30 square miles of lands in the southern Athabasca oil sands region of Alberta. The Surmont Project is located approximately 50 miles south of Fort McMurray. MEG owns working interest in the oil sands leases associated with the Surmont Project.

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