CMG
Highly Engaged Employees
Highly Engaged EmployeesEngineering Software · Canada · 201-500 Employees
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Overview
Headquarters
3710 33 St NW, Calgary, Alberta, T2L 2M1...Phone Number
(281) 872-8500Website
www.cmgl.caRevenue
$129.3 MillionStock Symbol
CMG.TOIndustry
ZI Rank: 2
Signal Type
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ZI Rank
4
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About CMG
Computer Modelling Group Ltd. (CMG), is a global software and consulting company that develops advanced reservoir simulation and energy-industry software solutions. Headquartered in Calgary, Alberta, Canada, with offices in major energy hubs around the world, CMG combines science, technology, and deep industry expertise to help energy companies model subsurface and surface systems, optimize asset performance, and support complex decision-making. Its technology supports applications such as reservoir simulation, production forecasting, enhanced recovery, and energy transition modeling, and is used by clients across the global energy sector. The company was founded in 1978 and is publicly traded on the Toronto Stock Exchange.Explore more
CMG Org Chart
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Activity Insights
CMG is experiencing very low activity levels compared to other companies in the Software sector.
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CMG is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about CMG.
CMG Tech Stack
A closer look at the technologies used by CMG
Most Recent Scoops
Earnings
CMG has reported total revenue of $27.8 million for the quarter, declining year over year, as 10% growth from acquisitions was more than offset by a 16% organic decline.
Earnings, Acquisitions, Finance
Earnings
CMG has reaffirmed its full-year outlook for stable organic recurring revenue growth and no reduction in adjusted EBITDA relative to fiscal 2026, while also expecting free cash flow to improve year over year in fiscal 2027. The company has revised its professional services revenue decline expectation to a range of $6 to $7 million, trending toward the higher end, compared to the $6 million previously disclosed, due to the faster-than-expected wind-down of non-core Blueway services.
Earnings, Accounting, Forecasting, Financial Reporting, Finance
Earnings
expects adjusted EBITDA to decline both sequentially and year over year in Q2, driven by lower professional services revenue and higher sales and marketing expenses related to agent commissions on contract renewals occurring in the quarter.
Earnings, Sales, Finance
Project
CMG is developing a common architecture for AI agents designed to work alongside reservoir engineers across its simulation portfolio, with working prototypes currently capable of launching simulation runs, monitoring them, and flagging anomalies. The initiative remains in the build phase as the company focuses on applying AI in areas where it is most appropriate.
Engineering, Product Development, Artificial Intelligence
Earnings
Earnings, Finance, Tax
CMG News & Media
Computer Modelling Group Ltd. Announces Exemptive Relief Obtained in Connection with Its Substantial Issuer Bid
CALGARY, Alberta, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that, in connection with its ongoing substantial issuer bid (the “SIB”) to purchase for cancellation up to C$20,000,000 in value of its common shares (the “Shares”), the Alberta Securities Commission, as CMG’s principal regulator, has granted an exemptive relief order exempting CMG from complying with certain extension take up, proportionate take up andComputer Modelling Group Announces Annual General Meeting Voting Results
CALGARY, Alberta, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) announced today the voting results from its annual general meeting of shareholders (the “Meeting”) held on September 10, 2026. A total of 52,937,297 votes were represented in person or by proxy at the Meeting, constituting approximately 67.87% of the Company’s total issued and outstanding common shares as of the record date.Computer Modelling Group Ltd. Announces Commencement of Previously Announced Substantial Issuer Bid
CALGARY, Alberta, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce the formal commencement of the previously announced substantial issuer bid (the “Offer”) under which the Company is offering to repurchase for cancellation up to C$20,000,000 of its outstanding common shares (the “Shares”) by way of a "modified Dutch auction" that includes the ability for shareholders to participate via a proportionate tender, subject toComputer Modelling Group Announces First Quarter Results and Quarterly Dividend
CALGARY, Alberta, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months ended June 30, 2026, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.01 per Common Share for the first quarter ended June 30, 2026.
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Computer Modelling Group Ltd. (CMG), is a global software and consulting company that develops advanced reservoir simulation and energy-industry software solutions. Headquartered in Calgary, Alberta, Canada, with offices in major energy hubs around the world, CMG combines science, technology, and deep industry expertise to help energy companies mod... Read More
