MEG Energy Corp (MEG.CA) Stock Price, Forecast & Analysis
TSX:MEG • CA5527041084
MEG.CA Key Statistics, Chart & Performance
The current stock price of MEG.CA is 30.89 CAD. In the past month the price increased by 5.46%. In the past year, price increased by 22.05%.
MEG.CA Technical Analysis
ChartMill assigns a technical rating of 9 / 10 to MEG.CA. When comparing the yearly performance of all stocks, MEG.CA is one of the better performing stocks in the market, outperforming 71.27% of all stocks.
MEG.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to MEG.CA. MEG.CA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company.
MEG.CA Financial Highlights
Over the last trailing twelve months MEG.CA reported a non-GAAP Earnings per Share(EPS) of 2.1. The EPS increased by 13.51% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 12.79% | ||
| ROA | 7.78% | ||
| ROE | 11.41% | ||
| Debt/Equity | 0.22 |
MEG.CA Forecast & Estimates
13 analysts have analysed MEG.CA and the average price target is 30.22 CAD. This implies a price decrease of -2.18% is expected in the next year compared to the current price of 30.89.
For the next year, analysts expect an EPS growth of 1.09% and a revenue growth -5.5% for MEG.CA
MEG.CA Ownership
MEG.CA Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| CNQ | CANADIAN NATURAL RESOURCES | 19.76 | 122.715B | ||
| TOU | TOURMALINE OIL CORP | 14.82 | 24.265B | ||
| AAV-DB | Advantage Energy Ltd | 90.64 | 17.779B | ||
| WCP | WHITECAP RESOURCES INC | 17.16 | 16.375B | ||
| ARX | ARC RESOURCES LTD | 11.63 | 14.25B | ||
| SGY-DB-B | SURGE ENERGY INC | 623.12 | 10.579B | ||
| PSK | PRAIRIESKY ROYALTY LTD | 35.71 | 7.163B | ||
| SCR | STRATHCONA RESOURCES LTD | 15.83 | 6.185B | ||
| PEY | PEYTO EXPLORATION & DEV CORP | 11.53 | 5.383B | ||
| TPZ | TOPAZ ENERGY CORP | 49.55 | 4.781B |
Related stock screener links
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About MEG.CA
Company Profile
MEG Energy Corp. engages in the production of in-situ thermal oil. The company is headquartered in Calgary, Alberta and currently employs 473 full-time employees. The company went IPO on 2010-07-29. The firm is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. The company produces, transports and sells thermal oil (Access Western Blend) to customers throughout North America and internationally. The firm owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. The Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta and is comprised of approximately 200 square kilometers of mineral leases.
Company Info
MEG Energy Corp
734 - 7Th Avenue S.W., 10Th Floor
Calgary ALBERTA T2P 0G5 CA
CEO: Derek W. Evans
Employees: 474
Phone: 14037700446
MEG Energy Corp / MEG.CA FAQ
What does MEG do?
MEG Energy Corp. engages in the production of in-situ thermal oil. The company is headquartered in Calgary, Alberta and currently employs 473 full-time employees. The company went IPO on 2010-07-29. The firm is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. The company produces, transports and sells thermal oil (Access Western Blend) to customers throughout North America and internationally. The firm owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. The Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta and is comprised of approximately 200 square kilometers of mineral leases.
Can you provide the latest stock price for MEG Energy Corp?
The current stock price of MEG.CA is 30.89 CAD. The price increased by 0.72% in the last trading session.
Does MEG stock pay dividends?
MEG Energy Corp (MEG.CA) has a dividend yield of 1.42%. The yearly dividend amount is currently 0.1.
What is the ChartMill technical and fundamental rating of MEG stock?
MEG.CA has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
What sector and industry does MEG Energy Corp belong to?
MEG Energy Corp (MEG.CA) operates in the Energy sector and the Oil, Gas & Consumable Fuels industry.
Is MEG Energy Corp (MEG.CA) stock a good buy?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on MEG.CA.
What is the expected growth for MEG stock?
The Revenue of MEG Energy Corp (MEG.CA) is expected to decline by -5.5% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.