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MEG Energy (TSX:MEG) 3-Year EBITDA Growth Rate : 95.90% (As of Mar. 2024)


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What is MEG Energy 3-Year EBITDA Growth Rate?

MEG Energy's EBITDA per Share for the three months ended in Mar. 2024 was C$1.16.

During the past 12 months, MEG Energy's average EBITDA Per Share Growth Rate was 2.40% per year. During the past 3 years, the average EBITDA Per Share Growth Rate was 95.90% per year. During the past 5 years, the average EBITDA Per Share Growth Rate was 27.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

During the past 13 years, the highest 3-Year average EBITDA Per Share Growth Rate of MEG Energy was 95.90% per year. The lowest was -40.90% per year. And the median was 19.90% per year.


Competitive Comparison of MEG Energy's 3-Year EBITDA Growth Rate

For the Oil & Gas E&P subindustry, MEG Energy's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MEG Energy's 3-Year EBITDA Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MEG Energy's 3-Year EBITDA Growth Rate distribution charts can be found below:

* The bar in red indicates where MEG Energy's 3-Year EBITDA Growth Rate falls into.



MEG Energy 3-Year EBITDA Growth Rate Calculation

This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.


MEG Energy  (TSX:MEG) 3-Year EBITDA Growth Rate Explanation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.


MEG Energy 3-Year EBITDA Growth Rate Related Terms

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MEG Energy (TSX:MEG) Business Description

Industry
Traded in Other Exchanges
Address
600 - 3rd Avenue South West, 21st Floor Mail Room, Calgary, AB, CAN, T2P 0G5
MEG Energy Corp is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG transports and sells thermal oil (known as Access Western Blend or AWB) to customers throughout North America and internationally.
Executives
David Michael Granger Senior Officer