MEG Energy Corp. (MEG.TO)

CAD 19.55

(0.41%)

Market Cap (In CAD)

5.02 Billion

Revenue (In CAD)

5.65 Billion

Net Income (In CAD)

569 Million

Avg. Volume

2.82 Million

Currency
CAD
Country
Energy
Open
-
Prev. Close
-
Day Range
-
Year Range
22.355-33.7
PE
10.45
EPS
1.87
Beta Value
2.87
ISIN
CA5527041084
CUSIP
552704108
CIK
-
Shares
256800000.0
Earnings Annoncement
-

Company Profile

Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Ms. Darlene M. Gates
Employee Count
-
Website
https://www.megenergy.com
Ipo Date
2010-08-17
Details
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops 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. As of December 31, 2021, it had approximately 2.0 billion barrels of gross proved plus probable bitumen reserves at the Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.