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MEG Energy Corp (MEGEF)
:MEGEF
MEGEF Stock Chart & Stats
Day’s Range― - ―
52-Week Range$12.00 - $23.47
Previous CloseN/A
Volume7.36K
Average Volume (3M)201.38K
Market Cap
$3.74B
Enterprise Value$7.20B
Total Cash (Recent Filing)C$156.00M
Total Debt (Recent Filing)C$1.10B
Price to Earnings (P/E)10.6
Beta0.67
Next Earnings
May 06, 2025EPS Estimate
0.48Last Dividend Ex-Date
Mar 20, 2025Dividend Yield1.48%
Share Statistics
EPS (TTM)1.38
Shares Outstanding256,800,000
10 Day Avg. Volume226,121
30 Day Avg. Volume201,382
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$20.48Price Target Upside41.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
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MEG Energy News
PremiumCompany Announcements
MEG Energy to Release Q1 2025 Results and Host Conference Call
PremiumCompany Announcements
MEG Energy Amends Share Unit Plan to Align with ISS Guidelines
PremiumCompany Announcements
MEG Energy Corp’s Record Year and Future Outlook
PremiumCompany Announcements
MEG Energy Reports Record Production and Strategic Growth---
Bulls Say, Bears Say
Bulls Say
Asset PortfolioMEG has one of the best portfolios of oil sands assets and a demonstrated track record of delivering industry-leading operating performance.
Financial PerformanceMEG Energy generated $168 million of free cash flow, returning all of it to shareholders through its base dividend and share repurchases.
Production LevelsProduction levels are expected to improve with higher production levels projected following a turnaround.
Bears Say
Operating CostsHigher-than-expected operating costs were offset by stronger bitumen realizations.
ValuationMEG's shares are trading at a valuation generally in line with its North American large-cap peers, but its efficient oil sands assets suggest it warrants a premium.
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Options Prices
Currently, No data available
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Ownership Overview
0.22% Insiders
22.51% Mutual Funds
<0.01% Other Institutional Investors
70.29% Public Companies and
Individual Investors
MEGEF FAQ
What was MEG Energy Corp’s price range in the past 12 months?
MEG Energy Corp lowest stock price was $12.00 and its highest was $23.47 in the past 12 months.
What is MEG Energy Corp’s market cap?
MEG Energy Corp’s market cap is $3.74B.
When is MEG Energy Corp’s upcoming earnings report date?
MEG Energy Corp’s upcoming earnings report date is May 06, 2025 which is in 5 days.
How were MEG Energy Corp’s earnings last quarter?
MEG Energy Corp released its earnings results on Feb 27, 2025. The company reported $0.288 earnings per share for the quarter, missing the consensus estimate of $0.424 by -$0.136.
Is MEG Energy Corp overvalued?
According to Wall Street analysts MEG Energy Corp’s price is currently Undervalued.
Does MEG Energy Corp pay dividends?
MEG Energy Corp pays a Semiannually dividend of $0.072 which represents an annual dividend yield of 1.48%. See more information on MEG Energy Corp dividends here
What is MEG Energy Corp’s EPS estimate?
MEG Energy Corp’s EPS estimate is 0.48.
How many shares outstanding does MEG Energy Corp have?
MEG Energy Corp has 256,800,000 shares outstanding.
What happened to MEG Energy Corp’s price movement after its last earnings report?
MEG Energy Corp reported an EPS of $0.288 in its last earnings report, missing expectations of $0.424. Following the earnings report the stock price went down -2.208%.
Which hedge fund is a major shareholder of MEG Energy Corp?
Currently, no hedge funds are holding shares in MEGEF
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MEG Energy Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.48 (41.44% Upside)
$20.48 (41.44% Upside)
Blogger Sentiment
Bullish
MEGEF Sentiment 70%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.58%
12-Months-Change
Fundamentals
Return on Equity
11.22%
Trailing 12-Months
Asset Growth
-1.76%
Trailing 12-Months
Company Description
MEG Energy Corp
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. The company transports and sells thermal oil to refiners in North America and internationally. As of December 31, 2021, it had approximately 2.0 billion barrels of gross proved plus probable bitumen reserves at the Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.
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MEGEF Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
MEG Energy had a strong year marked by record production, significant shareholder returns, and effective cost management. However, there are challenges related to increased project costs and potential tariff impacts. Overall, the positive achievements outweigh the challenges, reflecting confidence in future performance.Read More>---
MEGEF Stock 12 Month Forecast
Average Price Target
$20.48
▲(41.44% Upside)
Technical Analysis
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