MEG Energy (MEG.TO) Stock Price

MEG Energy Price

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MEG Energy (MEG.TO) Stock | ISIN CA5527041084 | WKN A1C2FB. Revenue is 4.93 B CAD. Net income is 426.23 M CAD. MEG Energy operates in the Energy sector.

MEG Energy stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of MEG Energy over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how MEG Energy stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing MEG Energy's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

MEG Energy Stock Price History
DateMEG Energy Price
Access this data via the Eulerpool API

MEG Energy Revenue, EBIT, Net Income

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2007
16.8 M CAD
-13 M CAD
65.3 M CAD
Jan 1, 2008
13.7 M CAD
-24.4 M CAD
-180 M CAD
Jan 1, 2009
26 M CAD
-44.3 M CAD
51.2 M CAD
Jan 1, 2010
730.3 M CAD
88.2 M CAD
49.6 M CAD
Jan 1, 2011
1.04 B CAD
210.5 M CAD
63.8 M CAD
Jan 1, 2012
1.05 B CAD
113.1 M CAD
52.6 M CAD
Jan 1, 2013
1.33 B CAD
112.8 M CAD
-166.4 M CAD
Jan 1, 2014
2.83 B CAD
542.7 M CAD
-105.5 M CAD
Jan 1, 2015
1.93 B CAD
-204.3 M CAD
-1.17 B CAD
Jan 1, 2016
1.86 B CAD
-264.6 M CAD
-428.7 M CAD
Jan 1, 2017
2.47 B CAD
212.4 M CAD
166 M CAD
Jan 1, 2018
2.73 B CAD
109.6 M CAD
-119.2 M CAD
Jan 1, 2019
3.93 B CAD
358 M CAD
-62 M CAD
Jan 1, 2020
2.29 B CAD
-574 M CAD
-357 M CAD
Jan 1, 2021
4.32 B CAD
904 M CAD
283 M CAD

MEG Energy Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 1:59 PM
 
REVENUE (M CAD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M CAD)
NET INCOME (M CAD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MEG Energy generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MEG Energy retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MEG Energy's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MEG Energy has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MEG Energy's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

MEG Energy stock margins

The MEG Energy margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MEG Energy. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MEG Energy.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2007
100 %
-77.38 %
388.69 %
Jan 1, 2008
100 %
-178.1 %
-1,313.87 %
Jan 1, 2009
11.15 %
-170.38 %
196.92 %
Jan 1, 2010
54.07 %
12.08 %
6.79 %
Jan 1, 2011
54.86 %
20.31 %
6.15 %
Jan 1, 2012
47.42 %
10.77 %
5.01 %
Jan 1, 2013
45.46 %
8.45 %
-12.47 %
Jan 1, 2014
50.83 %
19.18 %
-3.73 %
Jan 1, 2015
38.73 %
-10.61 %
-60.74 %
Jan 1, 2016
34.48 %
-14.21 %
-23.02 %
Jan 1, 2017
41.44 %
8.58 %
6.71 %
Jan 1, 2018
33.22 %
4.01 %
-4.36 %
Jan 1, 2019
37.22 %
9.11 %
-1.58 %
Jan 1, 2020
20.46 %
-25.04 %
-15.58 %
Jan 1, 2021
40.38 %
20.92 %
6.55 %

MEG Energy Stock Revenue, EBIT, Earnings per Share

The MEG Energy earnings per share therefore indicates how much revenue MEG Energy has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2007
0.14 CAD
-0.11 CAD
0.56 CAD
Jan 1, 2008
0.11 CAD
-0.19 CAD
-1.44 CAD
Jan 1, 2009
0.18 CAD
-0.31 CAD
0.36 CAD
Jan 1, 2010
3.98 CAD
0.48 CAD
0.27 CAD
Jan 1, 2011
5.24 CAD
1.06 CAD
0.32 CAD
Jan 1, 2012
5.25 CAD
0.57 CAD
0.26 CAD
Jan 1, 2013
6.02 CAD
0.51 CAD
-0.75 CAD
Jan 1, 2014
12.67 CAD
2.43 CAD
-0.47 CAD
Jan 1, 2015
8.57 CAD
-0.91 CAD
-5.21 CAD
Jan 1, 2016
8.24 CAD
-1.17 CAD
-1.9 CAD
Jan 1, 2017
8.55 CAD
0.73 CAD
0.57 CAD
Jan 1, 2018
9.24 CAD
0.37 CAD
-0.4 CAD
Jan 1, 2019
13.15 CAD
1.2 CAD
-0.21 CAD
Jan 1, 2020
7.59 CAD
-1.9 CAD
-1.18 CAD
Jan 1, 2021
13.89 CAD
2.91 CAD
0.91 CAD

MEG Energy business model & stock analysis

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 SWOT Analysis

Strengths

1. Established presence in the oil sands industry, which provides a solid foundation for future growth.

2. Strong financial position with a robust balance sheet and access to capital.

3. Technological expertise and advanced extraction techniques enable efficient production.

Weaknesses

1. Dependence on oil prices, as fluctuations can significantly impact profitability.

2. Limited diversification, as the company focuses primarily on oil sands operations.

3. Environmental concerns and regulatory risks associated with oil sands extraction.

Opportunities

1. Growing global energy demand presents opportunities for increased production and market expansion.

2. Potential for strategic partnerships or acquisitions to enhance operational capabilities.

3. Exploration and development of new oil reserves to expand resource base.

Threats

1. Volatility in oil markets and geopolitical factors that can impact supply and demand.

2. Evolving regulatory landscape and potential changes in government policies affecting the oil industry.

3. Competition from other oil producers, both domestic and international.

MEG Energy Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

MEG Energy historical P/E ratio, EBIT multiple, and P/S ratio

MEG Energy annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

MEG Energy shares outstanding

The number of shares was MEG Energy in 2025 — This indicates how many shares 270 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2007
116.3 M base_Shares
Jan 1, 2008
125.4 M base_Shares
Jan 1, 2009
143.5 M base_Shares
Jan 1, 2010
183.4 M base_Shares
Jan 1, 2011
197.8 M base_Shares
Jan 1, 2012
200 M base_Shares
Jan 1, 2013
221.8 M base_Shares
Jan 1, 2014
223.3 M base_Shares
Jan 1, 2015
224.6 M base_Shares
Jan 1, 2016
226 M base_Shares
Jan 1, 2017
289.3 M base_Shares
Jan 1, 2018
295.7 M base_Shares
Jan 1, 2019
299 M base_Shares
Jan 1, 2020
302 M base_Shares
Jan 1, 2021
311 M base_Shares

MEG Energy Dividend History

2 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.31CAD 55.0%
Mar 20, 20250.1CAD 0.0%1/3
Jun 16, 20250.1CAD 0.0%2/3
Sep 12, 20250.11CAD 10.0%3/3
20240.2CAD

MEG Energy dividend history and estimates

In 2025, MEG Energy paid a dividend amounting to 0.31 CAD. Dividend means that MEG Energy distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
0.2 CAD
0.2 CAD
Invalid Date
0.31 CAD
0.1 CAD
Price targets and forecasts for MEG Energy are not yet available.

MEG Energy Earnings Estimates

MEG Energy Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/29/20240.61CAD1.52 BCAD2024 Q1
2/26/20240.75CAD1.53 BCAD2023 Q4
7/26/20230.63CAD1.62 BCAD2023 Q2
5/1/20230.67CAD1.75 BCAD2023 Q1
3/1/20230.8CAD1.63 BCAD2022 Q4
11/9/20220.9CAD1.53 BCAD2022 Q3
7/28/20220.86CAD1.44 BCAD2022 Q2
5/2/20220.93CAD1.66 BCAD2022 Q1
3/2/20220.34CAD1.2 BCAD2021 Q4
11/8/20210.28CAD1.02 BCAD2021 Q3

EESG©

Eulerpool ESG Scorecard© for the MEG Energy stock

92/100
90
Environment
95
Social
92
Governance
E

Environment

20
Scope 1 - Direct Emissions2,382,468
Scope 2 - Indirect emissions from purchased energy681
Scope 3 - Indirect emissions within the value chain16,040
Total CO₂ emissions2,383,149
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees21
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

MEG Energy shareholder structure

% Name
11.16915%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
5.06297%
Capital Research Global Investors
Capital Research Global Investors
3.50453%
Capital World Investors
Capital World Investors
2.92487%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.27363%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
1.37802%
Canoe Financial LP
Canoe Financial LP
1.2963%
Ninepoint Partners LP
Ninepoint Partners LP
1.22738%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.17255%
TD Asset Management Inc.
TD Asset Management Inc.
1.08289%
Boston Partners
Boston Partners
...

MEG Energy Executives and Management Board

DG

Ms. Darlene Gates

(54)

President, Chief Executive Officer, Director · since 2021

Compensation4.26 M CAD
RK

Mr. Ryan Kubik

Chief Financial Officer

Compensation2.5 M CAD
LY

Mr. Lyle Yuzdepski

Senior Vice President- Legal, Corporate Development and Company Secretary

Compensation1.7 M CAD
TG

Mr. Thomas Gear

Senior Vice President - Oilsands

Compensation1.63 M CAD
EA

Mr. Erik Alson

Senior Vice President - Marketing

Compensation1.51 M CAD

MEG Energy Supply Chain

Frequently asked questions about MEG Energy

MEG Energy Corp is an energy company with a business model focused on sustainable oil sands development. The company employs advanced technology and expertise to produce high-quality oil in an environmentally responsible manner. MEG Energy Corp primarily operates in the Athabasca oil sands region of Alberta, Canada. The company's aim is to maximize the value of its resource base through efficient operations and continuous innovation. MEG Energy Corp strives to deliver long-term value to its shareholders while following rigorous safety standards and maintaining positive relationships with local communities and stakeholders.

All fundamentals and in-depth analysis of MEG Energy

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.