MEG Energy Corp
TSX:MEG

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MEG Energy Corp
TSX:MEG
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Price: 23.88 CAD 1.53% Market Closed
Market Cap: 6.3B CAD
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Profitability Summary

We take all the information about a company's profitability (such as its margins, capital efficiency, free cash flow generating ability, and more) and consolidate it into one single number - the profitability score. The higher the profitability score, the more profitable the company is.

Past Growth

To be successful and remain in business, both growth and profitability are important and necessary. Net Income growth is often seen as a sign of a company's efficiency from an operational standpoint, but is influenced heavily by a company's goals and challenges and should therefore be assessed in conjunction with other metrics like revenue and operating income growth.

Margins

Profit margins represent what percentage of sales has turned into profits. Simply put, the percentage figure indicates how many cents of profit the company has generated for each dollar of sale.

Profit margins help investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Earnings Waterfall
MEG Energy Corp

Revenue
5.4B CAD
Cost of Revenue
-3.5B CAD
Gross Profit
1.9B CAD
Operating Expenses
-1.1B CAD
Operating Income
857m CAD
Other Expenses
-353m CAD
Net Income
504m CAD

Margins Comparison
MEG Energy Corp Competitors

Country Company Market Cap Gross
Margin
Operating
Margin
Net
Margin
CA
MEG Energy Corp
TSX:MEG
6.4B CAD
35%
16%
9%
US
Conocophillips
NYSE:COP
131.6B USD
47%
25%
18%
CN
CNOOC Ltd
SSE:600938
752.3B CNY
48%
44%
33%
US
EOG Resources Inc
NYSE:EOG
74.7B USD
62%
37%
29%
CA
Canadian Natural Resources Ltd
TSX:CNQ
93.4B CAD
50%
28%
21%
US
Diamondback Energy Inc
NASDAQ:FANG
47.4B USD
72%
47%
33%
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD
51%
34%
25%
US
Hess Corp
NYSE:HES
45.3B USD
78%
37%
21%
US
EQT Corp
NYSE:EQT
32.1B USD
56%
8%
6%
US
Texas Pacific Land Corp
NYSE:TPL
31.3B USD
93%
77%
65%
AU
Woodside Energy Group Ltd
ASX:WDS
46.9B AUD
45%
38%
15%
No Stocks Found

Return on Capital

Return on capital ratios give a sense of how well a company is using its capital (equity, assets, capital employed, etc.) to generate profits (operating income, net income, etc.). In simple words, these ratios show how much income is generated for each dollar of capital invested.

Return on Capital Comparison
MEG Energy Corp Competitors

Country Company Market Cap ROE ROA ROCE ROIC
CA
MEG Energy Corp
TSX:MEG
6.4B CAD
11%
7%
14%
10%
US
Conocophillips
NYSE:COP
131.6B USD
20%
10%
17%
11%
CN
CNOOC Ltd
SSE:600938
752.3B CNY
21%
14%
22%
19%
US
EOG Resources Inc
NYSE:EOG
74.7B USD
25%
16%
23%
19%
CA
Canadian Natural Resources Ltd
TSX:CNQ
93.4B CAD
19%
10%
15%
11%
US
Diamondback Energy Inc
NASDAQ:FANG
47.4B USD
12%
7%
10%
8%
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD
21%
14%
20%
16%
US
Hess Corp
NYSE:HES
45.3B USD
27%
11%
21%
15%
US
EQT Corp
NYSE:EQT
32.1B USD
2%
1%
2%
2%
US
Texas Pacific Land Corp
NYSE:TPL
31.3B USD
45%
40%
49%
83%
AU
Woodside Energy Group Ltd
ASX:WDS
46.9B AUD
5%
3%
9%
7%
No Stocks Found

Free Cash Flow

Free cash flow (FCF) is the money a company has left over after paying its operating expenses and capital expenditures. The more free cash flow a company has, the more it can allocate to dividends, paying down debt, and growth opportunities.

If a company has a decreasing free cash flow, that is not necessarily bad if the company is investing in its growth.