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.
Revenue of MEG Energy Corp. (MEG.TO)
Revenue in 2023 (TTM): $4.09 B
According to MEG Energy Corp.'s latest financial reports the company's current revenue (TTM) is $4.09 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of MEG Energy Corp.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $4.09 B | $738.17 M | $1.1 B | $522.72 M | $411.38 M |
| 2022 | $4.59 B | $1.9 B | $1.5 B | $883.49 M | $652.14 M |
| 2021 | $3.18 B | $936.27 M | $974.59 M | $264.61 M | $204.61 M |
| 2020 | $1.66 B | $44.1 M | $-138,813,859 | $-344,865,680 | $-258,107,019 |
| 2019 | $2.87 B | $544.41 M | $767.09 M | $-65,791,985 | $-44,825,309 |
| 2018 | $2 B | $329.39 M | $403.75 M | $-121,442,606 | $-86,178,102 |
| 2017 | $1.78 B | $397.62 M | $487.02 M | $79.37 M | $120 M |
| 2016 | $1.36 B | $105.88 M | $134.25 M | $-459,979,965 | $-309,964,117 |
| 2015 | $1.41 B | $201.35 M | $145.88 M | $-912,125,622 | $-845,659,088 |
| 2014 | $2.12 B | $766.33 M | $669.38 M | $-14,287,706 | $-76,302,797 |
| 2013 | $992.76 M | $301.91 M | $231.16 M | $-104,152,327 | $-120,308,959 |
| 2012 | $778.27 M | $255.33 M | $198.33 M | $45.09 M | $38.01 M |
| 2011 | $747.01 M | $411.19 M | $246.25 M | $79.3 M | $46.15 M |
| 2010 | $539.93 M | $290.97 M | $138.83 M | $35.94 M | $28.99 M |
| 2009 | $17.35 M | $-1,348,374 | $-29,779,911 | $26.77 M | $37 M |
| 2008 | $ | $ | $-17,421,862 | $-144,913,716 | $-130,121,364 |
| 2007 | $ | $ | $-9,227,507 | $50.58 M | $47.18 M |