MEG Energy Corp.
MEG Energy Corp. (MEGEF) Financial Performance & Income Statement Overview
Analyze MEG Energy Corp. (MEGEF) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
MEG Energy Corp. (MEGEF) Income Statement & Financial Overview
View the income breakdown for MEG Energy Corp. MEGEF across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.27B | $1.28B | $1.43B | $1.53B |
| Cost of Revenue | $688.00M | $792.00M | $947.00M | $1.06B |
| Gross Profit | $582.00M | $487.00M | $487.00M | $470.00M |
| Gross Profit Ratio | $0.46 | $0.38 | $0.34 | $0.31 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $38.00M | $21.00M | $20.00M | $18.00M |
| Operating Expenses | $289.00M | $275.00M | $259.00M | $235.00M |
| Total Costs & Expenses | $977.00M | $1.07B | $1.21B | $1.30B |
| Interest Income | $1.00M | $2.00M | $1.00M | $2.00M |
| Interest Expense | $21.00M | $22.00M | $23.00M | $27.00M |
| Depreciation & Amortization | $92.00M | $150.00M | $163.00M | $154.00M |
| EBITDA | $384.00M | $308.00M | $398.00M | $367.00M |
| EBITDA Ratio | $0.30 | $0.24 | $0.28 | $0.24 |
| Operating Income | $293.00M | $212.00M | $228.00M | $235.00M |
| Operating Income Ratio | $0.23 | $0.17 | $0.16 | $0.15 |
| Other Income/Expenses (Net) | -$20.00M | -$60.00M | -$14.00M | -$42.00M |
| Income Before Tax | $273.00M | $152.00M | $214.00M | $193.00M |
| Income Before Tax Ratio | $0.21 | $0.12 | $0.15 | $0.13 |
| Income Tax Expense | $62.00M | $46.00M | $47.00M | $57.00M |
| Net Income | $211.00M | $106.00M | $167.00M | $136.00M |
| Net Income Ratio | $0.17 | $0.08 | $0.12 | $0.09 |
| EPS | $0.82 | $0.41 | $0.62 | $0.50 |
| Diluted EPS | $0.82 | $0.41 | $0.62 | $0.50 |
| Weighted Avg Shares Outstanding | $256.00M | $260.15M | $268.00M | $271.00M |
| Weighted Avg Shares Outstanding (Diluted) | $258.00M | $260.15M | $269.00M | $272.00M |
The company's financials show resilient growth, with revenue advancing from $1.53B in Q2 2024 to $1.27B in Q1 2025. Gross profit remained healthy with margins at 46% in Q1 2025 compared to 31% in Q2 2024. Operating income hit $293.00M last quarter, sustaining a consistent 23% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $384.00M. Net income rose to $211.00M, while earnings per share reached $0.82. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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