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MEG Energy (TSE:MEG)
TSX:MEG
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MEG Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$22.02 - C$33.70
Previous CloseN/A
Volume785.11K
Average Volume (3M)2.10M
Market Cap
$6.13B
Enterprise ValueC$7.73B
Total Cash (Recent Filing)$156.23M
Total Debt (Recent Filing)$5.05B
Price to Earnings (P/E)12.7
Beta1.14
Next Earnings
Feb 27, 2025EPS Estimate
0.63Last Dividend Ex-Date
Dec 16, 2024Dividend Yield0.89%
Share Statistics
EPS (TTM)1.86
Shares Outstanding260,215,760
10 Day Avg. Volume2,561,073
30 Day Avg. Volume2,101,922
Standard Deviation0.20
R-Squared0.40
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.04
Price to Cash Flow (P/CF)3.60
P/FCF Ratio5.10
Enterprise Value/Market Cap1.26
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit3.93
Enterprise Value/Ebitda19.57
Forecast
1Y Price Target
C$30.35Price Target Upside25.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
MEG Energy News
PremiumCompany Announcements
MEG Energy Unveils 2025 Growth Strategy
PremiumCompany Announcements
MEG Energy Reports Q3 2024 Earnings and Strategic UpdatesOptions Prices
Currently, No data available
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Ownership Overview
0.43% Insiders
23.23% Mutual Funds
0.02% Other Institutional Investors
69.00% 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$22.02 and its highest was C$33.70 in the past 12 months.
What is MEG Energy’s market cap?
MEG Energy’s market cap is $6.13B.
When is MEG Energy’s upcoming earnings report date?
MEG Energy’s upcoming earnings report date is Feb 27, 2025 which is in 27 days.
How were MEG Energy’s earnings last quarter?
MEG Energy released its earnings results on Nov 05, 2024. The company reported C$0.62 earnings per share for the quarter, missing the consensus estimate of C$0.713 by -C$0.093.
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 Notavailable dividend of C$0.1 which represents an annual dividend yield of 0.89%. See more information on MEG Energy dividends here
What is MEG Energy’s EPS estimate?
MEG Energy’s EPS estimate is 0.63.
How many shares outstanding does MEG Energy have?
MEG Energy has 260,215,760 shares outstanding.
What happened to MEG Energy’s price movement after its last earnings report?
MEG Energy reported an EPS of C$0.62 in its last earnings report, missing expectations of C$0.713. Following the earnings report the stock price went up 3.169%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$30.35 (25.43% Upside)
C$30.35 (25.43% Upside)
Blogger Sentiment
Bullish
TSE:MEG Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.03%
12-Months-Change
Fundamentals
Return on Equity
10.92%
Trailing 12-Months
Asset Growth
-6.31%
Trailing 12-Months
Company Description
MEG Energy
MEG Energy Corp. is oil sands company, which engages in the development and production of in situ. It also operates oil recovery projects which utilize steam-assisted gravity drainage including Christina Lake, Summont, and May River Regional Project. It offers Steam-Assisted Gravity Drainage, eMSAGP, Cogeneration, and HI-Q Field Pilot technology. The company was founded by William J. McCaffrey, Steve Turner, and David J. Wizinsky on March 9, 1999 and is headquartered in Calgary, Canada.
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MEG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
MEG Energy presented strong financial and operational results, achieving key milestones such as reaching their net debt target and declaring an inaugural dividend. However, production was affected by external factors like cold weather and wildfires, and there were slight increases in transportation costs.Read More>---
MEG Stock 12 Month Forecast
Average Price Target
C$30.35
▲(25.43% Upside)
Technical Analysis
Best Analysts Covering MEG
1 Year
1 Year Success Rate
15/20 ratings generated profit
1 Year Average Return
+56.22%
assigned a buy rating 2 months ago
Copying Randy Ollenberger's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +56.22% per trade.
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