MEG Energy (TSX:MEG) Net Income (Continuing Operations) : C$586 Mil (TTM As of Mar. 2024)

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What is MEG Energy Net Income (Continuing Operations)?

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. MEG Energy's Net Income (Continuing Operations) for the three months ended in Mar. 2024 was C$98 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2024 was C$586 Mil.

MEG Energy Net Income (Continuing Operations) Historical Data

The historical data trend for MEG Energy's Net Income (Continuing Operations) 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.

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MEG Energy Net Income (Continuing Operations) Chart

MEG Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Income (Continuing Operations)

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-62.00

-357.00

283.00

902.00

569.00

MEG Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income (Continuing Operations)	Get a 7-Day Free Trial															81.00	136.00	249.00	103.00	98.00

MEG Energy Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$586 Mil.

MEG Energy (TSX:MEG) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

MEG Energy Net Income (Continuing Operations) Related Terms

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MEG Energy (TSX:MEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MEG Energy Corp (TSX:MEG) » Definitions » Net Income (Continuing Operations)

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MEGEF:USA ME7:Germany

Address

600 - 3rd Avenue South West, 21st Floor Mail Room, Calgary, AB, CAN, T2P 0G5

Website

https://www.megenergy.com

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