MEG Energy Corp Cash Flow Conversion Efficiency
MEG Energy Corp 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. Also see market value of MEG Energy Corp for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of MEG Energy Corp (2008–2024)
Cash flow conversion efficiency of MEG Energy Corp from 2008 to 2024. This chart illustrates how MEG Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View MEG stock price and chart for real-time trading data and today's change.
MEG Energy Corp Cash Flow Conversion Ratio Explained
MEG Energy Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Review cash generation quality of MEG Energy Corp to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
JBTMarel Corp
NYSE:JBTM
|
0.027x |
|
Covivio SA
PA:COV
|
0.033x |
|
Fastighets AB Balder (publ)
ST:BALD-B
|
0.014x |
|
Chailease Holding Co Ltd
TW:5871
|
0.009x |
|
Ryan Specialty Group Holdings Inc
NYSE:RYAN
|
-0.137x |
|
Yanzhou Coal Mining Company Limited
F:YZCA
|
0.000x |
|
ChinaLin Securities Co Ltd
SHE:002945
|
0.997x |
|
Hyundai Rotem Co
KO:064350
|
-0.182x |
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. Also see MEG total asset value for a full breakdown of the balance sheet.
| 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