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MEG Energy Corp. MEGEF OTC

Other OTC • Energy • Oil & Gas Exploration & Production • CA • USD

SharesGrow Score
71/100
4/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

MEG Energy Corp. (MEGEF) is a publicly traded company in the Energy sector, operating within the Oil & Gas Exploration & Production industry. The company is headquartered in Calgary, AB, Canada. The current CEO is Darlene M. Gates.

MEGEF has IPO date of 2011-04-06, 473 full-time employees, listed on the Other OTC, a market capitalization of $5.61B.

About MEG Energy Corp.

MEG Energy Corp. is a Canadian energy company headquartered in Calgary that specializes in sustainable in situ thermal oil production in Alberta's southern Athabasca region. The company holds a 100% interest in approximately 410 square miles of mineral leases and operates the Christina Lake Project, which contains approximately 2.0 billion barrels of gross proved plus probable bitumen reserves as of December 31, 2021. MEG Energy employs steam-assisted gravity drainage extraction technology to enhance oil recovery while reducing carbon emissions, then transports and sells its thermal oil to refiners across North America and internationally. Founded in 1999, the company is focused on balancing energy production with environmental sustainability in the oil sands sector.

📍 600 – 3rd Avenue SW, Calgary, AB T2P 0G5 📞 403-770-0446
Company Details
SectorEnergy
IndustryOil & Gas Exploration & Production
CountryCanada
ExchangeOther OTC
CurrencyUSD
IPO Date2011-04-06
CEODarlene M. Gates
Employees473
Trading Info
Current Price$22.05
Market Cap$5.61B
52-Week Range12-22.14
Beta1.02
ETFNo
ADRNo
CUSIP552704108
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