MEG Energy Corp (MEG) — Financial Flexibility Index

Latest as of September 2025: 0.12x

MEG Energy Corp (MEG) has a Financial Flexibility Index of 0.12x as of September 2025. Free cash flow of CA$269.00 Million (operating CF CA$140.00 Million minus capex CA$129.00 Million) represents 0% of total liabilities (CA$2.22 Billion). Also explore net asset growth rate of MEG Energy Corp to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$269.00 Million
Operating CF − Capex

Total Liabilities

CA$2.22 Billion
CAD

Capital Expenditures

CA$129.00 Million
CAD

MEG Energy Corp Financial Flexibility Index (2008–2024)

Historical Financial Flexibility Index trend for MEG Energy Corp across 17 annual periods. Check MEG PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for MEG Energy Corp (2008–2024)

Year-by-year free cash flow to debt coverage for MEG Energy Corp. For the full company profile including market capitalisation, see MEG Energy Corp (MEG) market capitalisation.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2024 0.86x CA$1.89 Billion CA$1.34 Billion CA$2.19 Billion ▲ +13.6%
2023 0.76x CA$1.80 Billion CA$1.35 Billion CA$2.37 Billion ▼ -11.2%
2022 0.85x CA$2.26 Billion CA$1.89 Billion CA$2.65 Billion ▲ +216.7%
2021 0.27x CA$1.02 Billion CA$690.00 Million CA$3.79 Billion ▲ +122.4%
2020 0.12x CA$451.00 Million CA$302.00 Million CA$3.72 Billion ▼ -41.3%
2019 0.21x CA$829.00 Million CA$631.00 Million CA$4.01 Billion ▲ +3.6%
2018 0.20x CA$902.28 Million CA$280.03 Million CA$4.52 Billion ▲ +30.4%
2017 0.15x CA$825.75 Million CA$317.94 Million CA$5.40 Billion ▲ +1787.2%
2016 0.01x CA$45.66 Million CA$-94.07 Million CA$5.63 Billion ▼ -89.1%
2015 0.07x CA$425.78 Million CA$112.16 Million CA$5.72 Billion ▼ -81.5%
2014 0.40x CA$2.08 Billion CA$767.50 Million CA$5.16 Billion ▼ -19.0%
2013 0.50x CA$2.32 Billion CA$129.96 Million CA$4.66 Billion ▼ -14.8%
2012 0.58x CA$1.84 Billion CA$240.82 Million CA$3.15 Billion ▲ +4.2%
2011 0.56x CA$1.24 Billion CA$314.30 Million CA$2.22 Billion ▲ +16.8%
2010 0.48x CA$560.20 Million CA$75.61 Million CA$1.17 Billion ▲ +98.6%
2009 0.24x CA$283.67 Million CA$-60.20 Million CA$1.17 Billion ▼ -61.8%
2008 0.63x CA$636.13 Million CA$-1.53 Million CA$1.00 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities