MEG Energy Reports Strong Q2 2025 Results and Increases Dividend

MEG Energy ( (TSE:MEG) ) has provided an announcement.

MEG Energy Corp. reported its second-quarter 2025 results, highlighting the successful completion of its largest planned turnaround amidst challenging wildfire conditions. The company also announced a 10% increase in its quarterly dividend to $0.11 per share, reflecting confidence in its strategic direction and commitment to shareholder returns. Key achievements include excellent safety performance, a safe wildfire response, and significant progress on the Facility Expansion Project, which remains on track for completion in 2027. Financially, MEG generated adjusted funds flow of $125 million and maintained production levels despite delays, with capital expenditures on plan and shareholder returns through share repurchases and dividends.

The most recent analyst rating on (TSE:MEG) stock is a Buy with a C$33.00 price target. To see the full list of analyst forecasts on MEG Energy stock, see the TSE:MEG Stock Forecast page.

Spark’s Take on TSE:MEG Stock

According to Spark, TipRanks’ AI Analyst, TSE:MEG is a Outperform.

MEG Energy’s overall stock score reflects its strong financial performance and attractive valuation. The company’s effective cost management, robust cash flow, and strategic focus on capital allocation support a positive outlook. However, technical indicators suggest caution due to potential overbought conditions, and corporate events indicate some operational risks.

To see Spark’s full report on TSE:MEG stock, click here.

More about MEG Energy

MEG Energy Corp. is a Canadian oil sands company focused on sustainable in-situ oil production. It primarily operates in the Christina Lake area, utilizing advanced technologies to enhance resource recovery and minimize environmental impact.

Average Trading Volume: 1,333,778

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$7.03B

For detailed information about MEG stock, go to TipRanks’ Stock Analysis page.