MEG ENERGY CORP (MEG.CA) Stock Overview
TSX:MEG - CA5527041084 - Common Stock
MEG.CA Key Statistics, Chart & Performance
The current stock price of MEG.CA is 28.25 CAD. In the past month the price increased by 3.44%. In the past year, price increased by 5.25%.
MEG.CA Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CNQ.CA | CANADIAN NATURAL RESOURCES | 11.54 | 90.86B | ||
| TOU.CA | TOURMALINE OIL CORP | 14.58 | 22.56B | ||
| AAV-DB.CA | Advantage Energy Ltd | 356.67 | 17.86B | ||
| ARX.CA | ARC RESOURCES LTD | 10.36 | 15.39B | ||
| OVV.CA | OVINTIV INC | 7.46 | 14.87B | ||
| WCP.CA | WHITECAP RESOURCES INC | 7.08 | 12.73B | ||
| SGY-DB-B.CA | SURGE ENERGY INC | 192.59 | 10.31B | ||
| SCR.CA | STRATHCONA RESOURCES LTD | 11.86 | 8.18B | ||
| PSK.CA | PRAIRIESKY ROYALTY LTD | 25.61 | 5.65B | ||
| TPZ.CA | TOPAZ ENERGY CORP | 61.1 | 3.85B | ||
| PEY.CA | PEYTO EXPLORATION & DEV CORP | 11.33 | 3.75B | ||
| ATH.CA | ATHABASCA OIL CORP | 6.92 | 2.98B |
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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: 473
Phone: 14037700446
MEG ENERGY CORP / MEG.CA FAQ
What is the stock price of MEG ENERGY CORP today?
The current stock price of MEG.CA is 28.25 CAD. The price increased by 0.5% in the last trading session.
What is the ticker symbol for MEG ENERGY CORP stock?
The exchange symbol of MEG ENERGY CORP is MEG and it is listed on the Toronto Stock Exchange exchange.
On which exchange is MEG.CA stock listed?
MEG.CA stock is listed on the Toronto Stock Exchange exchange.
What is the price forecast or stock price prediction for MEG ENERGY CORP stock?
13 analysts have analysed MEG.CA and the average price target is 29.13 CAD. This implies a price increase of 3.1% is expected in the next year compared to the current price of 28.25. Check the MEG ENERGY CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is MEG ENERGY CORP worth?
MEG ENERGY CORP (MEG.CA) has a market capitalization of 7.19B CAD. This makes MEG.CA a Mid Cap stock.
How many employees does MEG ENERGY CORP have?
MEG ENERGY CORP (MEG.CA) currently has 473 employees.
What are the support and resistance levels for MEG ENERGY CORP (MEG.CA) stock?
MEG ENERGY CORP (MEG.CA) has a support level at 27.05 and a resistance level at 28.26. Check the full technical report for a detailed analysis of MEG.CA support and resistance levels.
Is MEG ENERGY CORP (MEG.CA) expected to grow?
The Revenue of MEG ENERGY CORP (MEG.CA) is expected to decline by -4.14% in the next year. Check the estimates tab for more information on the MEG.CA EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy MEG ENERGY CORP (MEG.CA) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of MEG.CA, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of MEG.CA, evaluating the profitability, health, valuation and growth aspects
- MEG ENERGY CORP (MEG.CA) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- MEG ENERGY CORP (MEG.CA) Sales and EPS estimates to see what analysts future expectations are.
- MEG ENERGY CORP (MEG.CA) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- MEG ENERGY CORP (MEG.CA) Insider and Institutional Ownership to learn about the owners and their transactions.
- MEG ENERGY CORP (MEG.CA) Stock Chart to make your own analysis
- MEG ENERGY CORP (MEG.CA) Latest news and press-releases to stay up to date.
Does MEG ENERGY CORP (MEG.CA) stock pay dividends?
MEG ENERGY CORP (MEG.CA) has a dividend yield of 1.57%. The yearly dividend amount is currently 0.1. Check the full fundamental report for a detailed analysis of MEG.CA dividend history, reliability and sustainability.
When does MEG ENERGY CORP (MEG.CA) report earnings?
MEG ENERGY CORP (MEG.CA) will report earnings on 2025-11-04.
What is the Price/Earnings (PE) ratio of MEG ENERGY CORP (MEG.CA)?
The PE ratio for MEG ENERGY CORP (MEG.CA) is 13.45. This is based on the reported non-GAAP earnings per share of 2.1 and the current share price of 28.25 CAD. Check the full fundamental report for a full analysis of the valuation metrics for MEG.CA.
MEG.CA Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to MEG.CA. When comparing the yearly performance of all stocks, MEG.CA turns out to be only a medium performer in the overall market: it outperformed 56.66% of all stocks.
MEG.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 7 / 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 0.48% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 12.72% | ||
| ROA | 8.13% | ||
| ROE | 11.93% | ||
| Debt/Equity | 0.22 |
MEG.CA Forecast & Estimates
13 analysts have analysed MEG.CA and the average price target is 29.13 CAD. This implies a price increase of 3.1% is expected in the next year compared to the current price of 28.25.
For the next year, analysts expect an EPS growth of -0.21% and a revenue growth -4.14% for MEG.CA