Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

MEG Energy Corp. (T:MEG)

Business Focus: Unconventional Oil & Gas Production

INK Edge Outlook

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for MEG within the last 6 months
Loading...
See all filings within the past 6 months

Company News

May 07, 2024 21:01 ET
MEG Energy Reports 2024 Director Election Voting Results
CALGARY, AB, May 7, 2024 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) is pleased to announce that at its annual meeting of shareholders held on May 7, 2024 (the "Meeting"), all resolutions were approved as follows:
Read full article
May 06, 2024 17:01 ET
MEG Energy announces first quarter 2024 financial and operating results
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of power revenue, non-energy operating costs, energy operating costs, adjusted funds flow, free cash flow and net debt.
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
3.03
--
--
Price to Sales - TTM
1.40
1.40
3.72
Price to Book - most recent quarter
1.72
1.72
1.74
Price to Cash Flow per share - TTM
6.45
6.45
6.54
Price to Free Cash Flow per share - TTM
7.89
7.89
16.86
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
May 31, 20244,025,015-281,107
May 15, 20244,306,122-791,108
Apr 30, 20245,097,230264,634
See Short Report

Business Summary

Sector:  Energy Industry:  Oil & Gas Exploration and Production

MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.

See business summary

 

Twitter

Search (past week) for $MEG.CA

  • No tweets found