XTSEMEG
Market cap4.06bUSD
Dec 20, Last price
22.18CAD
1D
-1.16%
1Q
-13.73%
Jan 2017
140.30%
IPO
-28.91%
Name
MEG Energy Corp
Chart & Performance
Profile
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.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 5,653,000 -10.88% | 6,343,000 44.26% | 4,397,000 91.09% | |||||||
Cost of revenue | 4,247,000 | 3,812,000 | 3,184,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,406,000 | 2,531,000 | 1,213,000 | |||||||
NOPBT Margin | 24.87% | 39.90% | 27.59% | |||||||
Operating Taxes | 154,000 | 320,000 | 83,000 | |||||||
Tax Rate | 10.95% | 12.64% | 6.84% | |||||||
NOPAT | 1,252,000 | 2,211,000 | 1,130,000 | |||||||
Net income | 569,000 -36.92% | 902,000 218.73% | 283,000 -179.27% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (445,000) | (358,000) | 5,000 | |||||||
BB yield | 6.53% | 6.15% | -0.14% | |||||||
Debt | ||||||||||
Debt current | 15,000 | 20,000 | 307,000 | |||||||
Long-term debt | 1,627,000 | 2,049,000 | 2,987,000 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 242,000 | 167,000 | 165,000 | |||||||
Net debt | 1,474,000 | 1,867,000 | 2,938,000 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,349,000 | 1,888,000 | 690,000 | |||||||
CAPEX | (449,000) | (376,000) | (331,000) | |||||||
Cash from investing activities | (478,000) | (354,000) | (281,000) | |||||||
Cash from financing activities | (896,000) | (1,727,000) | (165,000) | |||||||
FCF | 1,442,000 | 2,306,000 | 1,147,000 | |||||||
Balance | ||||||||||
Cash | 160,000 | 192,000 | 361,000 | |||||||
Long term investments | 8,000 | 10,000 | (5,000) | |||||||
Excess cash | 136,150 | |||||||||
Stockholders' equity | 4,347,000 | 4,214,000 | 3,636,000 | |||||||
Invested Capital | 6,152,000 | 6,375,000 | 6,864,850 | |||||||
ROIC | 19.99% | 33.40% | 16.57% | |||||||
ROCE | 22.22% | 39.55% | 17.33% | |||||||
EV | ||||||||||
Common stock shares outstanding | 288,000 | 309,000 | 311,000 | |||||||
Price | 23.67 25.57% | 18.85 61.11% | 11.70 162.92% | |||||||
Market cap | 6,816,960 17.04% | 5,824,650 60.08% | 3,638,700 170.76% | |||||||
EV | 8,290,960 | 7,691,650 | 6,576,700 | |||||||
EBITDA | 2,013,000 | 3,038,000 | 1,619,000 | |||||||
EV/EBITDA | 4.12 | 2.53 | 4.06 | |||||||
Interest | 132,000 | 182,000 | 243,000 | |||||||
Interest/NOPBT | 9.39% | 7.19% | 20.03% |