Below are the financial statements of MEG Energy, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of CAD | 2024 | 2023 |
|---|---|---|
| Petroleum revenue, net of royalties | 5,091a | 5,536a |
| Power and transportation revenue | 58a | 117a |
| Revenues | 5,149a | 5,653a |
| Expenses | — | — |
| Diluent expense | -1,682a | -1,691a |
| Transportation and storage expense | -625a | -600a |
| Operating expenses | -290a | -334a |
| Purchased product | -958a | -1,400a |
| Depletion and depreciation | -620a | -596a |
| General and administrative | -73a | -69a |
| Stock-based compensation | -24a | -35a |
| Net finance expense | -113a | -149a |
| Other | -6a | 46a |
| Commodity risk management loss | -7a | -32a |
| Foreign exchange (gain) loss | 67a | -22a |
| Earnings before income taxes | 696a | 723a |
| Income tax expense | -189a | -154a |
| Net earnings | 507a | 569a |
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