MGEEMGE ENERGY INC
Electric, Gas & Sanitary Services
- Revenue
- —
- Operating margin
- —
- EBITDA
- $171M
- 17% YoY
- Market cap
- $2.7B
- Employees
- 726
- Net debt / EBITDA
- 2.3×
- $386M net debt
- AI in 10-K
- 0.8
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo194% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo26% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo95% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo0.8 per 10K words · 28th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo2.3× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$2.7B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$93K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Operating income | $117M | $138M | $146M | $146M | $171M | 17% |
| Net income | $106M | $111M | $118M | $121M | $136M | 13% |
| Operating cash flow | $138M | $154M | $238M | $278M | $263M | 5.2% |
| Capex | $153M | $175M | $222M | $237M | $343M | 45% |
| Stock-based comp | $3M | $1M | $3M | $5M | $3M | 27% |
| Dividends | $55M | $58M | $60M | $64M | $68M | 6.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $93K · 4
- Open-market sells, 12 mo
- $0 · 0
- Net
- $93K
Pay vs performance
No pay-versus-performance disclosure yet.