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Gross Margin
MEG Energy Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | CA |
Market Cap | 6.7B CAD |
Gross Margin |
35%
|
Country | US |
Market Cap | 129.3B USD |
Gross Margin |
47%
|
Country | CN |
Market Cap | 701.9B CNY |
Gross Margin |
45%
|
Country | US |
Market Cap | 76B USD |
Gross Margin |
62%
|
Country | CA |
Market Cap | 98.5B CAD |
Gross Margin |
50%
|
Country | US |
Market Cap | 51.7B USD |
Gross Margin |
72%
|
Country | US |
Market Cap | 46B USD |
Gross Margin |
51%
|
Country | US |
Market Cap | 44.9B USD |
Gross Margin |
76%
|
Country | US |
Market Cap | 31.2B USD |
Gross Margin |
93%
|
Country | AU |
Market Cap | 45.6B AUD |
Gross Margin |
45%
|
Country | US |
Market Cap | 25.8B EUR |
Gross Margin |
92%
|
MEG Energy Corp
Glance View
MEG Energy Corp. engages in the production of in situ thermal oil. The company is headquartered in Calgary, Alberta and currently employs 411 full-time employees. The company went IPO on 2010-07-29. The firm is focused on thermal oil production in the southern Athabasca region of Alberta, Canada. The firm transports and sells its thermal oil production to refiners throughout North America and internationally. The firm is actively developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods to improve the economic recovery of oil as well as lower carbon emissions. The firm's operating projects include Christina Lake Project, Surmont Project and Growth Properties. The Christina Lake Project is focused on oil development located in the southern Athabasca region, which is a multi-phased project located approximately 150 kilometres south of Fort McMurray in northeast Alberta. The Surmont project is located in the southern Athabasca region of Alberta, approximately 80 kilometres south of Fort McMurray.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on MEG Energy Corp's most recent financial statements, the company has Gross Margin of 35.2%.