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MEG Energy (TSE:MEG)
TSX:MEG
MEG Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$17.00 - C$32.53
Previous CloseN/A
Volume785.11K
Average Volume (3M)2.35M
Market Cap
$5.31B
Enterprise ValueC$7.20B
Total Cash (Recent Filing)C$156.00M
Total Debt (Recent Filing)C$1.10B
Price to Earnings (P/E)10.9
Beta1.18
Next Earnings
May 06, 2025EPS Estimate
0.67Last Dividend Ex-Date
Mar 20, 2025Dividend Yield1.47%
Share Statistics
EPS (TTM)1.89
Shares Outstanding256,800,000
10 Day Avg. Volume2,371,362
30 Day Avg. Volume2,345,499
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.19
Price to Cash Flow (P/CF)5.30
P/FCF Ratio11.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$28.21Price Target Upside36.54% 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 QualityMEG Energy Corp remains one of the top picks due to its top-tier in-situ asset and capitally efficient growth trajectory, which could translate into one of the strongest delivered yields within its peer group.
Production EfficiencyMEG's well pads that have come online since 2022 have seen a significant uptick in productivity versus legacy pads, as well as a quicker ramp-up period, performing better than other industry SAGD pads.
Shareholder ReturnsMEG is returning 100% of its free cash flow to shareholders, which could provide one of the strongest 'delivered' yields among Canadian large cap producers.
Bears Say
Operating CostsHigher-than-expected operating costs were offset by stronger bitumen realizations.
Valuation ConcernsMEG's shares are trading at a valuation generally in line with its North American large-cap peers, but its efficient oil sands assets, higher-than-average growth trajectory, and strong 'delivered' yields 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
MEG FAQ
What was MEG Energy’s price range in the past 12 months?
MEG Energy lowest stock price was C$17.00 and its highest was C$32.53 in the past 12 months.
What is MEG Energy’s market cap?
MEG Energy’s market cap is $5.31B.
When is MEG Energy’s upcoming earnings report date?
MEG Energy’s upcoming earnings report date is May 06, 2025 which is in 10 days.
How were MEG Energy’s earnings last quarter?
MEG Energy released its earnings results on Feb 27, 2025. The company reported C$0.4 earnings per share for the quarter, missing the consensus estimate of C$0.589 by -C$0.189.
Is MEG Energy overvalued?
According to Wall Street analysts MEG Energy’s price is currently Undervalued.
Does MEG Energy pay dividends?
MEG Energy pays a Semiannually dividend of C$0.1 which represents an annual dividend yield of 1.47%. See more information on MEG Energy dividends here
What is MEG Energy’s EPS estimate?
MEG Energy’s EPS estimate is 0.67.
How many shares outstanding does MEG Energy have?
MEG Energy has 256,800,000 shares outstanding.
What happened to MEG Energy’s price movement after its last earnings report?
MEG Energy reported an EPS of C$0.4 in its last earnings report, missing expectations of C$0.589. Following the earnings report the stock price went down -1.877%.
Which hedge fund is a major shareholder of MEG Energy?
Currently, no hedge funds are holding shares in TSE:MEG
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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:
$28.21 (36.54% Upside)
$28.21 (36.54% Upside)
Blogger Sentiment
Bullish
TSE:MEG Sentiment 100%
Sector Average 71%
Sector Average 71%
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
-34.76%
12-Months-Change
Fundamentals
Return on Equity
11.22%
Trailing 12-Months
Asset Growth
-1.76%
Trailing 12-Months
Company Description
MEG Energy
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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MEG 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>---
MEG Stock 12 Month Forecast
Average Price Target
C$28.21
▲(36.54% Upside)
Technical Analysis
Best Analysts Covering MEG
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+52.63%
reiterated a buy rating 2 months ago
Copying Randy Ollenberger's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +52.63% per trade.
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