What is the Return on Assets (ROA) of MEG Energy this year?
The Return on Assets (ROA) of MEG Energy is 0.08 undefined this year.
MEG Energy ROA 2024
MEG Energy ROA
0.08
Ticker
MEG.TO
ISIN
CA5527041084
WKN
A1C2FB
In 2024, MEG Energy's return on assets (ROA) was 0.08, a -35.68% increase from the 0.13 ROA in the previous year.
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What does MEG Energy do?
MEG Energy Corp is a Canadian company specialized in the extraction and processing of oil sands. The company was founded in 1999 and has rapidly expanded since then, becoming a key player in the energy industry. MEG Energy Corp's business model is to extract and process bitumen, a type of heavy crude oil, from the oil sands. The company uses a combination of underground steam injection and oil sands mining to achieve this. This method allows for the extraction of bitumen from the oil sands, making a significant contribution to Canada's and global energy supply. MEG Energy Corp operates two main projects in the Canadian province of Alberta: Christina Lake and Surmont. The Christina Lake project is located in northeastern Alberta and has a production capacity of 80,000 barrels of oil equivalent per day. The Surmont project is located in eastern Alberta and has a production capacity of 150,000 barrels of oil equivalent per day. Both projects are of great importance to the company and play a significant role in Canada's and other countries' energy supply. MEG Energy Corp also offers various products and services, including crude oil extracted from the oil sands, as well as byproducts such as propane gas and butane gas. The company also operates a refinery where the crude oil is processed. Additionally, MEG Energy Corp provides services in production optimization and cost reduction to ensure the efficient operation of the oil sands projects. MEG Energy Corp is a leading company in the oil sands industry and is actively committed to sustainability and environmental protection. In recent years, the company has made significant progress in reducing its CO2 emissions and in water reuse. Furthermore, the Surmont project has been recognized by the Canadian government as one of the first six projects in the oil sands industry to receive certification for sustainable development from the Canadian Association of Petroleum Producers. Overall, MEG Energy Corp has experienced impressive growth and successful expansion in recent years. By utilizing oil sands, the company has contributed to securing the energy supply and has taken on an important role in the Canadian and international economies. With a commitment to sustainability and environmental protection, MEG Energy Corp is also a key player in the fight against climate change and an example of responsible corporate leadership in the energy industry. MEG Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding MEG Energy's Return on Assets (ROA)
MEG Energy's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing MEG Energy's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider MEG Energy's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in MEG Energy’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about MEG Energy stock
What was the ROA of MEG Energy compared to the previous year?
The ROA of MEG Energy has increased by -35.68% compared to the previous year.
What consequences do high ROA have for investors of MEG Energy?
A high ROA is advantageous for investors of MEG Energy, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in MEG Energy?
A low ROA can be unfavorable for investors of MEG Energy as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of MEG Energy affect the company?
An increase in ROA of MEG Energy can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of MEG Energy impact the company?
A reduction in the ROA of MEG Energy can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of MEG Energy?
Some factors that can influence the ROA of MEG Energy include revenue, operating costs, asset structure, and industry average.
Why is the ROA of MEG Energy important for investors?
The ROA of MEG Energy is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can MEG Energy take to improve ROA?
To improve ROA, MEG Energy can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does MEG Energy pay?
Over the past 12 months, MEG Energy paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, MEG Energy is expected to pay a dividend of 0.44 CAD.
What is the dividend yield of MEG Energy?
The current dividend yield of MEG Energy is .
When does MEG Energy pay dividends?
MEG Energy pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of MEG Energy?
MEG Energy paid dividends every year for the past 3 years.
What is the dividend of MEG Energy?
For the upcoming 12 months, dividends amounting to 0.44 CAD are expected. This corresponds to a dividend yield of 1.71 %.
In which sector is MEG Energy located?
MEG Energy is assigned to the 'Energy' sector.
Wann musste ich die Aktien von MEG Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MEG Energy from 1/15/2025 amounting to 0.1 CAD, you needed to have the stock in your portfolio before the ex-date on 12/16/2024.
When did MEG Energy pay the last dividend?
The last dividend was paid out on 1/15/2025.
What was the dividend of MEG Energy in the year 2023?
In the year 2023, MEG Energy distributed 0 CAD as dividends.
In which currency does MEG Energy pay out the dividend?
The dividends of MEG Energy are distributed in CAD.
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Our stock analysis for MEG Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MEG Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
