MEG Energy
Canadian oil sands company that is focused on sustainable in situ development and production in the southern athabasca oil sands.
- Energy
- oil & gas
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | CAD7.9b Valuation: CAD7.9b 1.8x EV/Revenue 6.9x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| CAD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 91 % | 44 % | (4 %) | (6 %) | (22 %) | 9 % | 8 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 31 % | 33 % | 25 % | 26 % | 26 % | 25 % | 24 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 6 % | 14 % | 9 % | 9 % | 11 % | 8 % | 9 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
MEG Energy is a prominent player in the energy sector, specializing in sustainable in situ thermal oil production. The company is committed to supplying the world with environmentally and socially responsible energy while generating long-term value for its stakeholders. MEG Energy operates primarily in the thermal oil market, focusing on innovative and sustainable extraction methods that minimize environmental impact. The company serves a diverse range of clients, including industrial and commercial entities that require reliable and responsible energy sources.
MEG Energy's business model revolves around the production and marketing of thermal oil. The company leverages a diverse marketing portfolio to access high-value markets, ensuring financial sustainability and growth. MEG Energy's low production decline profile, averaging 10-15% annually, enhances its financial stability and long-term viability. The company generates revenue through the sale of its thermal oil products, which are in high demand due to their sustainable production methods.
The company is governed by a board of directors with extensive experience in the energy industry, committed to achieving operational excellence and maximizing shareholder value. MEG Energy's leadership team, led by President and CEO Darlene Gates, brings decades of industry expertise to the table, driving the company's strategic vision and operational success.
Keywords: thermal oil, sustainable energy, in situ production, diverse portfolio, low decline, financial sustainability, high-value markets, operational excellence, stakeholder value, energy sector.