MEG Energy Corp

(PINK:MEGEF)

Latest On MEG Energy Corp (MEGEF):

Date/Time Type Description Signal Details
2023-05-02 18:30 ESTNewsMEG Energy Corp. (MEGEF) Q1 2023 Earnings Call TranscriptN/A
2023-04-24 14:06 ESTNewsMEG Energy: 3 Reasons To Consider Moving To SuncorN/A
2023-03-03 16:52 ESTNewsMeg Energy GAAP EPS of $2.92, revenue of $6.11BN/A
2023-02-28 14:54 ESTNewsMEG Energy Corp. (MEGEF) Q4 2022 Earnings Call TranscriptN/A
2023-02-09 20:15 ESTNewsMEG Energy: The Buybacks Just Keep ComingN/A
2023-01-23 23:17 ESTNewsLinefill on expanded Trans Mountain pipeline seen late in 2023, MEG Energy saysN/A
2022-11-29 18:57 ESTNewsMEG Energy: The Little Oilsands Company That CouldN/A
2022-11-11 04:31 ESTNewsMEG Energy Corp. (MEGEF) Q3 2022 Earnings Call TranscriptN/A
2022-11-09 18:32 ESTNewsMeg Energy GAAP EPS of C$1.61, revenue of C$1.57BN/A
2022-10-18 00:24 ESTNewsMEG Energy: The WCS Differential Should RecoverN/A
2022-09-06 20:29 ESTNewsMEG Energy: Higher Volumes Will Compensate Lower PricesN/A
2022-07-29 23:10 ESTNewsMEG Energy Corp. (MEGEF) CEO Derek Evans on Q2 2022 Results - Earnings Call TranscriptN/A
2022-06-24 01:38 ESTNewsGet Ready For MEGnificent ReturnsN/A
2022-05-04 01:55 ESTNewsMEG Energy Corp. (MEGEF) CEO Derek Evans on Q1 2022 Results - Earnings Call TranscriptN/A
2022-05-03 07:40 ESTNewsMeg Energy GAAP EPS of C$1.15, revenue of C$1.53BN/A
2022-04-19 01:18 ESTNewsWhy We Bought More MEG Energy Last WeekN/A
2022-03-08 07:22 ESTNewsMEG: Hitting Record Production At Just The Right TimeN/A
2022-03-04 16:56 ESTNewsMEG Energy announces $171M debt repaymentN/A
2022-03-04 16:56 ESTNewsMEG Energy Corp. (MEGEF) CEO Derek Evans on Q4 2021 Results - Earnings Call TranscriptN/A
2022-03-03 23:24 ESTNewsMeg Energy GAAP EPS of C$0.57, revenue of C$1.31BN/A
2022-02-03 22:50 ESTNewsMEG Energy: Small Producer With Big PotentialN/A
2022-01-13 09:37 ESTNewsMEG Energy: Don't Look Too LongN/A
2022-01-12 16:37 ESTNewsMEG Energy (MEGEF) Investor Presentation - SlideshowN/A
2021-12-30 23:46 ESTNewsMEG Energy: It's Not Too Late To Get InN/A
2021-12-29 14:00 ESTNewsCanadian oil producers jump after long holiday breakN/A
2021-11-29 21:35 ESTNewsMEG Energy expects higher production, capex next yearN/A
2021-11-10 00:12 ESTNewsMEG Energy Corp. (MEGEF) CEO Derek Evans on Q3 2021 Results - Earnings Call TranscriptN/A
2021-10-21 23:49 ESTNewsMEG Energy: Buying Opportunity AheadN/A
2021-07-24 06:03 ESTNewsMEG Energy raises 2021 production guidance after strong Q2N/A
2021-07-24 06:03 ESTNewsMEG Energy: Harvesting The Low-Hanging FruitsN/A
2021-07-24 06:03 ESTNewsMEG Energy's New Surprising BetN/A
2021-07-23 13:08 ESTNewsMEG Energy to redeem $100M of 6.50% senior secured debtN/A
2021-07-23 13:08 ESTNewsMEG Energy Corp. 2021 Q2 - Results - Earnings Call PresentationN/A
2021-07-23 13:08 ESTNewsMEG Energy Corp (MEGEF) CEO Derek Evans on Q2 2021 Results - Earnings Call TranscriptN/A
2021-07-22 16:08 ESTNewsCanadian oil sands producers unite for net-zero emissions goalN/A
2021-07-22 16:08 ESTNewsMEG Energy: Bad Hedges, Should Have Been TrimmedN/A
2021-05-05 09:25 ESTNewsMEG Energy Corp (MEGEF) CEO Derek Evans on Q1 2021 Results - Earnings Call TranscriptN/A
2021-04-13 07:46 ESTNewsNew York state pension fund to pull investments in Canada oil sandsN/A
2021-03-26 02:45 ESTNewsMEG Energy: Getting Better, Still CheapN/A
2021-03-09 10:29 ESTNewsImperial Oil upped to Buy from Sell at Goldman on improved operations, costsN/A
2021-03-05 02:32 ESTFinancialsCompany financials have been released.Neutral
2021-03-04 15:25 ESTNewsMEG Energy Corp. (MEGEF) CEO Derek Evans on Q4 2020 Results - Earnings Call TranscriptN/A
2021-01-21 04:15 ESTNewsMEG Energy: Still Room To RunN/A
2021-01-09 03:06 ESTNewsEnbridge pipeline contract plan blasted as attempt to fend off competitionN/A
2020-12-15 06:21 ESTNewsMuch-maligned oil sands now winning Wall Street plauditsN/A
2020-12-04 18:55 ESTFinancialsCompany financials have been released.Neutral
2020-11-27 00:20 ESTFinancialsCompany financials have been released.Neutral
2020-11-07 19:26 ESTFinancialsCompany financials have been released.Neutral
2020-11-02 02:24 ESTFinancialsCompany financials have been released.Neutral
2020-11-01 11:07 ESTNewsMEG Energy not a 'driver' in oil sands consolidation, CEO saysN/A

About MEG Energy Corp (MEGEF):

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca region of Alberta, Canada. The company owns a 100% interest in approximately 450 square miles of mineral leases. It is developing 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. It primarily engages in sustainable in situ thermal oil production at its Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.

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General

  • Name MEG Energy Corp
  • Symbol MEGEF
  • Type Common Stock
  • Exchange PINK
  • Currency USD
  • Country USA
  • SectorEnergy
  • IndustryOil & Gas E&P
  • Full Time Employees 391
  • Fiscal Year EndDecember
  • Gic SectorEnergy
  • Gic GroupEnergy
  • Gic IndustryOil, Gas & Consumable Fuels
  • Gic SubIndustryOil & Gas Exploration & Production
  • Web URLhttp://www.megenergy.com
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Valuation

  • Trailing PE 38.16
  • Forward PE 34.13
  • Price/Sales (Trailing 12 Mt.) 1.01
  • Price/Book (Most Recent Quarter) 0.67
  • Enterprise Value Revenue 1.85
  • Enterprise Value EBITDA 21.33
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Financials

  • Most Recent Quarter 2020-12-31
  • Profit Margin -16%
  • Return on Assets -2%
  • Return on Equity -10%
  • Earnings Per Share $0.14
  • Revenue Per Share $0
  • Gross Profit 469 million
  • Quarterly Earnings Growth -20.7%
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Highlights

  • Market Capitalization 1.63 billion
  • Book Value Per Share $10.30
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Share Statistics

  • Shares Outstanding 299.29 million
  • Shares Float 300.7 million
  • % Held by Insiders 53%
  • % Held by Institutions 27.41%
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Technicals

  • Beta 3.64
  • 52 Week High $6.44
  • 52 Week Low $0.82
  • 50 Day Moving Average 4.93
  • 200 Day Moving Average 3.28
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Dividends

  • Dividend Date N/A
  • ExDividend Date N/A
  • Dividend Yield 0%
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MEG Energy Corp (MEGEF) Dividend Calendar:

Ex-Dividend Date Payment Date Record Date Declared Date Amount

MEG Energy Corp (MEGEF) Earnings History:

Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.


Quarter Date Report Date Actual Revenue Reported EPS EPS Estimate Deviation from Estimate
2020-12-312020-12-31$N/A$0.04
2020-09-302020-12-31$535 million$0.04-$0.16126%
2020-06-302020-09-30$307 million-$0.02-$0.1077.5%
2020-03-312020-06-30$671 million-$0.19-$0.14-38.93%
2019-12-312020-03-31$1 billion-$0.68$0.09-850.11%
2019-09-302019-12-31$971 million$0.06$0.12-49.75%
2019-06-302019-09-30$1.08 billion$0.06$0.19-68.21%
2019-03-312019-06-30$921.63 million-$0.16-$0.02-720%
2018-12-312019-03-31$381.14 million-$0.12-$0.2449.63%
2018-09-302018-12-31$803.18 million-$0.49-$0.08-509.88%
2018-06-302018-09-30$802.05 million$0.30-$0.18267.72%
2018-03-312018-06-30$720.59 million-$0.46-$0.17-172.94%
2017-12-312018-03-31$479.62 million$0.36
2017-09-302017-12-31$460.68 million-$0.07-$0.1138.82%
2017-06-302017-09-30$450.16 million$0.22-$0.22202%
2017-03-312017-06-30$420.48 million$0.27-$0.32184.34%
2016-12-312017-03-31$310.88 million$0.00-$0.33101.33%
2016-09-302016-12-31$378.41 million-$1.00-$0.30-234.3%
2016-06-302016-09-30$397.18 million-$0.37-$0.27-35.52%
2016-03-312016-06-30$223.23 million-$0.50-$1.0351.38%
2015-12-312016-03-31$321.15 million$0.45-$0.57178.47%
2015-09-302015-12-31$345.3 million-$0.95-$0.29-228.21%
2015-06-302015-09-30$443.97 million-$1.42-$0.12-1081.92%
2015-03-312015-06-30$368.06 million$0.22-$0.30174.8%
2014-12-312015-03-31$529.03 million-$1.79$0.26-789.62%
2014-09-302014-12-31$630.79 million-$0.58$0.50-215.78%
2014-06-302014-09-30$777.05 million-$0.40$0.44-191.73%
2014-03-312014-06-30$614.99 million$1.04$0.28271.68%
2013-12-312014-03-31$329.79 million-$0.42
2013-09-302013-12-31$389.75 million-$0.63$0.25-351.48%
2013-06-302013-09-30$309 million$0.50$0.05891.4%
2013-03-312013-06-30$253.71 million-$0.27-$0.11-142.73%
2012-12-312013-03-31$299.92 million-$0.32-$0.01-3071%
2012-09-302012-12-31$217.54 million-$0.09-$0.03-212.33%
2012-06-302012-09-30$255.34 million$0.24$0.10143.6%
2012-03-312012-06-30$282.17 million-$0.15$0.11-235.55%
2011-12-312012-03-31$320.17 million$0.27$0.2222.95%
2011-09-302011-12-31$167.5 million$0.45$0.031408.33%
2011-06-302011-09-30$290.52 million-$0.58$0.21-375.05%
2011-03-312011-06-30$262.16 million$0.22$0.1197.91%
2010-12-312011-03-31$243.3 million$0.24$0.11115.27%
2010-09-302010-12-31$148.22 million$0.32

MEG Energy Corp (MEGEF) Company Financial Statements:

Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.

Income Statement:
Date Dec 31 2020 Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019
Research Development N/A N/A N/A N/A N/A
Income Before Tax N/A -29 million -142 million -286 million 15 million
Selling General Administrative N/A 20 million 1000000 3 million 32 million
Gross Profit N/A 49 million -97 million -15 million 202 million
Ebit N/A 123 million -116 million -92 million 194 million
Operating Income N/A -17 million -142 million -454 million 94 million
Income Tax Expense -36 million -20 million -62 million -2 million -10 million
Total Revenue N/A 535 million 307 million 671 million 1 billion
Cost of Revenue N/A 486 million 404 million 686 million 802 million
Total Other Income Expense Net N/A 53 million -161 million 236 million -16 million
Net Income From Continuing Operations N/A -9 million -80 million -284 million 25 million
Net Income Applicable to Common Shares 16 million -9 million -80 million -284 million 25 million
Cash Flow:
Date Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019 Sep 30 2019
Investments -36 million -50 million -59 million -53 million -33 million
Change to Liabilities N/A N/A N/A N/A N/A
Total Cash Flow from Investing Activities -36 million -50 million -59 million -53 million -33 million
Net Borrowings -6 million -7 million -177 million -113 million -390 million
Total Cash Flow from Financial Activities -6 million -7 million -196 million -118 million -389 million
Change to Operating Activities -51 million 54 million 27 million 44 million -17 million
Change in Cash -71 million 58 million -144 million 52 million -245 million
Total Cash from Operating Activities -31 million 117 million 99 million 225 million 174 million
Depreciation N/A N/A N/A 115 million 115 million
Other Cash Flow from Investing Activities -1000000 -30 million -11 million 18 million 7 million
Change to Inventory N/A N/A N/A N/A N/A
Change to Account Receivables N/A N/A N/A N/A N/A
Other Cash Flow from Financing Activities N/A N/A -19 million -5 million -5 million
Change to Net Income -60 million 48 million 243 million 33 million 48 million
Capital Expenditures 35 million 20 million 54 million 72 million 40 million
Balance Sheet:
Date Dec 31 2020 Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019
Total Liabailities N/A 3.69 billion 3.78 billion 3.94 billion 4.01 billion
Total Stockholder Equity N/A 3.5 billion 3.51 billion 3.59 billion 3.85 billion
Other Current Liabilities 85 million 2 million 10 million 90 million 77 million
Total Assets N/A 7.19 billion 7.29 billion 7.53 billion 7.87 billion
Common Stock 5.46 billion 5.46 billion 5.46 billion 5.44 billion 5.44 billion
Other Current Assets 6 million 64 million N/A N/A 3 million
Retained Earnings -2.16 billion -2.17 billion -2.17 billion -2.09 billion -1.8 billion
Other Liabilities 364 million 80 million 335 million 65 million 73 million
Other Assets 609 million 572 million 563 million 499 million 480 million
Cash N/A 49 million 120 million 62 million 206 million
Total Current Liabilities 442 million 318 million 350 million 397 million 558 million
Other Stockholder Equity 27 million 35 million 39 million 47 million 29 million
Property, Plant & Equipment 6.12 billion 6.17 billion 6.2 billion 6.26 billion 6.7 billion
Total Current Assets 497 million 449 million 523 million 768 million 681 million
Long Term Investments N/A N/A N/A N/A N/A
Net Tangible Assets 3.51 billion 3.5 billion 3.51 billion 3.59 billion 3.84 billion
Short Term Investments N/A N/A N/A N/A 18 million
Long Term Debt N/A 3.03 billion 3.1 billion 3.21 billion 3.12 billion
Inventory 96 million 122 million 80 million 32 million 93 million
Accounts Payable 279 million 256 million 226 million 247 million 379 million

MEG Energy Corp (MEGEF) Chart:

MEG Energy Corp (MEGEF) News:

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MEG Energy Corp (MEGEF) Options:

A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.

Expiration Date Strike Last Price Type Volume Open Interest Implied Volatility In The Money Change Change Percent

MEG Energy Corp (MEGEF) SEC Filings:

An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.

Date Form Type Form Name Link