MEG Energy Corp (MEG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, MEG Energy Corp (MEG) has a cash flow conversion efficiency ratio of 0.029x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$140.00 Million ≈ $101.27 Million USD) by net assets (CA$4.76 Billion ≈ $3.44 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See operational self-sufficiency of MEG Energy Corp to measure how many days the company can operate on defensive assets alone.
MEG Energy Corp - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how MEG Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
MEG Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MEG Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Daeduck Electronics Co Ltd
KO:353200
|
0.061x |
|
Carlsberg A/S
CO:CARL-A
|
0.241x |
|
Celanese Corporation
NYSE:CE
|
0.017x |
|
CNOOC Energy Technology & Services Ltd
SHG:600968
|
0.156x |
|
AU Optronics
TW:2409
|
0.018x |
|
Yancoal Australia Ltd
AU:YAL
|
0.055x |
|
Vipshop Holdings Limited
NYSE:VIPS
|
N/A |
|
Maase Inc.
NASDAQ:MAAS
|
N/A |
Annual Cash Flow Conversion Efficiency for MEG Energy Corp (2008–2024)
The table below shows the annual cash flow conversion efficiency of MEG Energy Corp from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of MEG Energy Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$4.55 Billion ≈ $3.29 Billion |
CA$1.34 Billion ≈ $969.34 Million |
0.294x | -1.23% |
| 2023-12-31 | CA$4.53 Billion ≈ $3.27 Billion |
CA$1.35 Billion ≈ $975.85 Million |
0.298x | -30.82% |
| 2022-12-31 | CA$4.38 Billion ≈ $3.17 Billion |
CA$1.89 Billion ≈ $1.37 Billion |
0.431x | +137.73% |
| 2021-12-31 | CA$3.81 Billion ≈ $2.75 Billion |
CA$690.00 Million ≈ $499.14 Million |
0.181x | +110.36% |
| 2020-12-31 | CA$3.51 Billion ≈ $2.54 Billion |
CA$302.00 Million ≈ $218.46 Million |
0.086x | -47.40% |
| 2019-12-31 | CA$3.85 Billion ≈ $2.79 Billion |
CA$631.00 Million ≈ $456.46 Million |
0.164x | +127.23% |
| 2018-12-31 | CA$3.89 Billion ≈ $2.81 Billion |
CA$280.03 Million ≈ $202.57 Million |
0.072x | -10.14% |
| 2017-12-31 | CA$3.96 Billion ≈ $2.87 Billion |
CA$317.94 Million ≈ $229.99 Million |
0.080x | +380.22% |
| 2016-12-31 | CA$3.29 Billion ≈ $2.38 Billion |
CA$-94.07 Million ≈ $-68.05 Million |
-0.029x | -193.86% |
| 2015-12-31 | CA$3.68 Billion ≈ $2.66 Billion |
CA$112.16 Million ≈ $81.13 Million |
0.030x | -81.05% |
| 2014-12-31 | CA$4.77 Billion ≈ $3.45 Billion |
CA$767.50 Million ≈ $555.20 Million |
0.161x | +493.05% |
| 2013-12-31 | CA$4.79 Billion ≈ $3.46 Billion |
CA$129.96 Million ≈ $94.01 Million |
0.027x | -45.11% |
| 2012-12-31 | CA$4.87 Billion ≈ $3.52 Billion |
CA$240.82 Million ≈ $174.21 Million |
0.049x | -37.32% |
| 2011-12-31 | CA$3.98 Billion ≈ $2.88 Billion |
CA$314.30 Million ≈ $227.36 Million |
0.079x | +301.80% |
| 2010-12-31 | CA$3.85 Billion ≈ $2.79 Billion |
CA$75.61 Million ≈ $54.69 Million |
0.020x | +200.97% |
| 2009-12-31 | CA$3.10 Billion ≈ $2.24 Billion |
CA$-60.20 Million ≈ $-43.55 Million |
-0.019x | -2592.03% |
| 2008-12-31 | CA$2.12 Billion ≈ $1.53 Billion |
CA$-1.53 Million ≈ $-1.11 Million |
-0.001x | -- |
About MEG Energy Corp
MEG Energy Corp. operates as an oil sands development company. The company offers situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil. It also transports and sells thermal oil in North America and i… Read more