MEG Energy Corp
TSX:MEG

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MEG Energy Corp
TSX:MEG
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Price: 23.15 CAD 0.48%
Market Cap: 6.1B CAD
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Net Margin
MEG Energy Corp

9.3%
Current
11%
Average
7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
9.3%
=
Net Income
504m
/
Revenue
5.4B

Net Margin Across Competitors

Country CA
Market Cap 6.2B CAD
Net Margin
9%
Country US
Market Cap 125.9B USD
Net Margin
18%
Country CN
Market Cap 807B CNY
Net Margin
33%
Country US
Market Cap 68.2B USD
Net Margin
29%
Country CA
Market Cap 92.4B CAD
Net Margin
21%
Country US
Market Cap 47.3B USD
Net Margin
33%
Country US
Market Cap 46B USD
Net Margin
25%
Country US
Market Cap 40.3B USD
Net Margin
21%
Country AU
Market Cap 46.5B AUD
Net Margin
15%
Country US
Market Cap 27.2B USD
Net Margin
6%
Country US
Market Cap 25.8B EUR
Net Margin
40%
No Stocks Found

MEG Energy Corp
Glance View

Market Cap
6.2B CAD
Industry
Energy

MEG Energy Corp., a prominent player in Canada's oil sands sector, operates with a keen focus on innovation and sustainability. Founded in 1999, and headquartered in Calgary, Alberta, the company has carved out a strong niche in the in-situ recovery of bitumen through its proprietary Steam-Assisted Gravity Drainage (SAGD) technology. This method involves injecting steam into underground reservoirs to liquefy bitumen, making it easier to extract. Unlike traditional mining, SAGD is less invasive and more efficient, aligning with MEG's commitment to balancing energy production with environmental stewardship. The Christina Lake Project, their flagship asset, stands as a testament to their operational expertise, showcasing high production levels alongside a concerted effort to minimize greenhouse gas emissions and water usage. Financially, MEG Energy generates revenue through the production and sale of bitumen, which is subsequently processed into crude oil. This crude is then marketed across North America and internationally, contributing to diversified revenue streams. The company employs sophisticated hedging strategies to manage price volatility in the oil markets, a crucial element in maintaining financial stability. MEG's focus on innovation also extends to its cost management practices, constantly seeking ways to reduce operational costs and enhance profit margins. In navigating the cyclical nature of the oil industry, MEG Energy continues to leverage its technological advantage and operational discipline to create shareholder value while consciously addressing the environmental impacts of its operations.

MEG Intrinsic Value
34.98 CAD
Undervaluation 34%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
9.3%
=
Net Income
504m
/
Revenue
5.4B
What is the Net Margin of MEG Energy Corp?

Based on MEG Energy Corp's most recent financial statements, the company has Net Margin of 9.3%.