MEG Energy (TSX:MEG) Accumulated Depreciation : C$-5,100 Mil (As of Dec. 2023)

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What is MEG Energy Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

MEG Energy's quarterly accumulated depreciation increased from Jun. 2023 (C$-4,764 Mil) to Sep. 2023 (C$-4,910 Mil) and increased from Sep. 2023 (C$-4,910 Mil) to Dec. 2023 (C$-5,100 Mil).

MEG Energy's annual accumulated depreciation increased from Dec. 2021 (C$-4,145 Mil) to Dec. 2022 (C$-4,505 Mil) and increased from Dec. 2022 (C$-4,505 Mil) to Dec. 2023 (C$-5,100 Mil).

MEG Energy Accumulated Depreciation Historical Data

The historical data trend for MEG Energy's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MEG Energy Accumulated Depreciation Chart

MEG Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-3,371.00

-3,714.00

-4,145.00

-4,505.00

-5,100.00

MEG Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-4,505.00	-4,647.00	-4,764.00	-4,910.00	-5,100.00

MEG Energy Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

MEG Energy Accumulated Depreciation Related Terms

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MEG Energy (TSX:MEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MEG Energy Corp (TSX:MEG) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

MEGEF:USA ME7:Germany

Address

600 - 3rd Avenue South West, 21st Floor Mail Room, Calgary, AB, CAN, T2P 0G5

Website

https://www.megenergy.com

MEG Energy Corp is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG transports and sells thermal oil (known as Access Western Blend or AWB) to customers throughout North America and internationally.

Executives

David Michael Granger

Senior Officer