MEG Energy Corp (MEG) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.029x

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 MEG net asset quality index to measure how much of total assets are equity-financed.

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. Check MEG Energy Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Xinjiang Daqo New Energy Co Ltd SHG:688303	0.002x
Rainbow Robotics Inc. KQ:277810	-0.025x
Caitong Securities Co Ltd SHG:601108	-0.012x
Randstad NV AS:RAND	0.041x
GalaxyCore Inc SHG:688728	0.020x
Maase Inc. NASDAQ:MAAS	N/A
Anhui Gujing Distillery Co Ltd SHE:000596	-0.056x
Artemis Gold Inc V:ARTG	0.196x

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 MEG Energy Corp market capitalisation.

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

TO:MEG Canada Oil & Gas E&P

Market Cap

$5.68 Billion

CA$7.86 Billion CAD

Market Cap Rank

#3252 Global

#109 in Canada

Share Price

CA$30.89

Change (1 day)

+0.72%

52-Week Range

CA$25.67 - CA$30.90

All Time High

CA$33.29