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MEG Energy (TSX:MEG) EBITDA Margin % : 21.51% (As of Mar. 2024)


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What is MEG Energy EBITDA Margin %?

EBITDA Margin % is calculated as EBITDA divided by its Revenue. MEG Energy's EBITDA for the three months ended in Mar. 2024 was C$321 Mil. MEG Energy's Revenue for the three months ended in Mar. 2024 was C$1,492 Mil. Therefore, MEG Energy's EBITDA margin for the quarter that ended in Mar. 2024 was 21.51%.


MEG Energy EBITDA Margin % Historical Data

The historical data trend for MEG Energy's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MEG Energy EBITDA Margin % Chart

MEG Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.94 8.69 24.08 29.84 23.46

MEG Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.86 23.65 30.70 20.18 21.51

Competitive Comparison of MEG Energy's EBITDA Margin %

For the Oil & Gas E&P subindustry, MEG Energy's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MEG Energy's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where MEG Energy's EBITDA Margin % falls into.



MEG Energy EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

MEG Energy's EBITDA Margin % for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1433/6109
=23.46 %

MEG Energy's EBITDA Margin % for the quarter that ended in Mar. 2024 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=321/1492
=21.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MEG Energy  (TSX:MEG) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


MEG Energy EBITDA Margin % Related Terms

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MEG Energy (TSX:MEG) Business Description

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