MEG Energy Past Earnings Performance
Past criteria checks 4/6
MEG Energy has been growing earnings at an average annual rate of 41.6%, while the Oil and Gas industry saw earnings growing at 28.4% annually. Revenues have been growing at an average rate of 13.9% per year. MEG Energy's return on equity is 13.5%, and it has net margins of 12.5%.
Key information
41.59%
Earnings growth rate
43.29%
EPS growth rate
| Oil and Gas Industry Growth | 42.11% |
| Revenue growth rate | 13.88% |
| Return on equity | 13.51% |
| Net Margin | 12.53% |
| Next Earnings Update | 31 Jul 2025 |
Recent past performance updates
Recent updates
Sentiment Still Eluding MEG Energy Corp. (TSE:MEG)
May 07
There's Been No Shortage Of Growth Recently For MEG Energy's (TSE:MEG) Returns On Capital
Feb 20Calculating The Intrinsic Value Of MEG Energy Corp. (TSE:MEG)
Feb 05Is MEG Energy (TSE:MEG) Using Too Much Debt?
Jan 22Market Still Lacking Some Conviction On MEG Energy Corp. (TSE:MEG)
Jan 08
Trans Mountain Expansion And Carbon Capture Drive Growth And Boost Shareholder Value
Improved market access and pricing for Canadian heavy oil reduces earnings volatility and supports revenue growth through TMX startup.Does MEG Energy (TSE:MEG) Deserve A Spot On Your Watchlist?
Oct 15Is MEG Energy (TSE:MEG) Using Too Much Debt?
Oct 03MEG Energy (TSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue
Sep 19Fewer Investors Than Expected Jumping On MEG Energy Corp. (TSE:MEG)
Aug 10Revenue & Expenses Breakdown
How MEG Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 25 | 4,947 | 620 | 1,044 | 0 |
| 31 Dec 24 | 5,149 | 507 | 1,012 | 0 |
| 30 Sep 24 | 5,446 | 504 | 994 | 0 |
| 30 Jun 24 | 5,619 | 586 | 1,001 | 0 |
| 31 Mar 24 | 5,537 | 586 | 1,015 | 0 |
| 31 Dec 23 | 5,653 | 569 | 1,038 | 0 |
| 30 Sep 23 | 5,654 | 625 | 1,079 | 0 |
| 30 Jun 23 | 5,787 | 532 | 1,069 | 0 |
| 31 Mar 23 | 6,067 | 621 | 1,090 | 0 |
| 31 Dec 22 | 6,118 | 902 | 1,055 | 0 |
| 30 Sep 22 | 5,980 | 921 | 992 | 0 |
| 30 Jun 22 | 5,500 | 819 | 928 | 0 |
| 31 Mar 22 | 4,938 | 662 | 837 | 0 |
| 31 Dec 21 | 4,321 | 283 | 770 | 0 |
| 30 Sep 21 | 3,801 | 121 | 626 | 0 |
| 30 Jun 21 | 3,243 | 58 | 500 | 0 |
| 31 Mar 21 | 2,541 | -90 | 371 | 0 |
| 31 Dec 20 | 2,292 | -357 | 267 | 0 |
| 30 Sep 20 | 2,498 | -348 | 277 | 0 |
| 30 Jun 20 | 2,923 | -315 | 285 | 0 |
| 31 Mar 20 | 3,677 | -298 | 326 | 0 |
| 31 Dec 19 | 3,931 | -62 | 337 | 0 |
| 30 Sep 19 | 3,458 | -286 | 320 | 0 |
| 30 Jun 19 | 3,303 | -192 | 329 | -2 |
| 31 Mar 19 | 2,931 | -308 | 335 | -1 |
| 31 Dec 18 | 2,733 | -119 | 340 | 0 |
| 30 Sep 18 | 2,968 | 56 | 347 | 2 |
| 30 Jun 18 | 2,741 | 22 | 346 | 6 |
| 31 Mar 18 | 2,635 | 305 | 330 | 6 |
| 31 Dec 17 | 2,474 | 166 | 332 | 6 |
| 30 Sep 17 | 2,281 | -115 | 351 | 5 |
| 30 Jun 17 | 2,202 | -308 | 370 | 5 |
| 31 Mar 17 | 2,131 | -558 | 385 | 5 |
| 31 Dec 16 | 1,862 | -429 | 400 | 5 |
| 30 Sep 16 | 1,745 | -421 | 402 | 7 |
| 30 Jun 16 | 1,708 | -740 | 422 | 8 |
| 31 Mar 16 | 1,749 | -531 | 444 | 8 |
| 31 Dec 15 | 1,926 | -1,170 | 475 | 7 |
| 30 Sep 15 | 2,096 | -1,022 | 490 | 7 |
| 30 Jun 15 | 2,343 | -696 | 490 | 7 |
| 31 Mar 15 | 2,617 | -510 | 516 | 6 |
| 31 Dec 14 | 2,830 | -106 | 511 | 6 |
| 30 Sep 14 | 2,566 | -104 | 466 | 5 |
Quality Earnings: MEG has high quality earnings.
Growing Profit Margin: MEG's current net profit margins (12.5%) are higher than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEG has become profitable over the past 5 years, growing earnings by 41.6% per year.
Accelerating Growth: MEG's earnings growth over the past year (5.8%) is below its 5-year average (41.6% per year).
Earnings vs Industry: MEG earnings growth over the past year (5.8%) exceeded the Oil and Gas industry 3%.
Return on Equity
High ROE: MEG's Return on Equity (13.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/28 15:49 |
| End of Day Share Price | 2025/07/28 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MEG Energy Corp. is covered by 37 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Thomas Driscoll | Barclays |
| Randy Ollenberger | BMO Capital Markets Equity Research |