MEG Energy Corp
TSX:MEG

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MEG Energy Corp
TSX:MEG
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Price: 25.31 CAD -3.4% Market Closed
Market Cap: 6.7B CAD
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Gross Margin
MEG Energy Corp

35.2%
Current
39%
Average
34%
Industry

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
35.2%
=
Gross Profit
1.9B
/
Revenue
5.4B

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%
No Stocks Found

MEG Energy Corp
Glance View

Market Cap
6.7B CAD
Industry
Energy

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.

MEG Intrinsic Value
19.23 CAD
Overvaluation 24%
Intrinsic Value
Price

See Also

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What is Gross Margin?

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
35.2%
=
Gross Profit
1.9B
/
Revenue
5.4B
What is the Gross Margin of MEG Energy Corp?

Based on MEG Energy Corp's most recent financial statements, the company has Gross Margin of 35.2%.