MEG Energy Corp
TSX:MEG
MEG Energy Corp
Cash from Operating Activities
MEG Energy Corp
Cash from Operating Activities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Cash from Operating Activities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
MEG Energy Corp
TSX:MEG
|
Cash from Operating Activities
CA$1.3B
|
CAGR 3-Years
10%
|
CAGR 5-Years
11%
|
CAGR 10-Years
6%
|
|
|
Canadian Natural Resources Ltd
TSX:CNQ
|
Cash from Operating Activities
CA$14.8B
|
CAGR 3-Years
0%
|
CAGR 5-Years
9%
|
CAGR 10-Years
6%
|
|
|
ARC Resources Ltd
TSX:ARX
|
Cash from Operating Activities
CA$2.7B
|
CAGR 3-Years
3%
|
CAGR 5-Years
31%
|
CAGR 10-Years
10%
|
|
|
Tourmaline Oil Corp
TSX:TOU
|
Cash from Operating Activities
CA$3.2B
|
CAGR 3-Years
0%
|
CAGR 5-Years
23%
|
CAGR 10-Years
14%
|
|
|
Whitecap Resources Inc
TSX:WCP
|
Cash from Operating Activities
CA$1.8B
|
CAGR 3-Years
11%
|
CAGR 5-Years
22%
|
CAGR 10-Years
13%
|
|
|
Strathcona Resources Ltd
TSX:SCR
|
Cash from Operating Activities
CA$2.1B
|
CAGR 3-Years
118%
|
CAGR 5-Years
108%
|
CAGR 10-Years
N/A
|
|
MEG Energy Corp
Glance View
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.
See Also
What is MEG Energy Corp's Cash from Operating Activities?
Cash from Operating Activities
1.3B
CAD
Based on the financial report for Mar 31, 2025, MEG Energy Corp's Cash from Operating Activities amounts to 1.3B CAD.
What is MEG Energy Corp's Cash from Operating Activities growth rate?
Cash from Operating Activities CAGR 10Y
6%
Over the last year, the Cash from Operating Activities growth was -8%. The average annual Cash from Operating Activities growth rates for MEG Energy Corp have been 10% over the past three years , 11% over the past five years , and 6% over the past ten years .
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