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MEG Energy (TSE:MEG)
TSX:MEG
Holding TSE:MEG?
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MEG Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$22.79 - C$33.70
Previous CloseC$25.15
Volume1.69M
Average Volume (3M)1.57M
Market Cap
C$6.70B
Enterprise ValueC$7.56B
Total Cash (Recent Filing)C$86.00M
Total Debt (Recent Filing)C$954.00M
Price to Earnings (P/E)11.9
Beta1.16
Next Earnings
Nov 05, 2024EPS Estimate
C$0.71Last Dividend Ex-Date
Sep 17, 2024Dividend Yield0.41%
Share Statistics
EPS (TTM)2.11
Shares Outstanding269,500,000
10 Day Avg. Volume1,403,159
30 Day Avg. Volume1,566,401
Standard Deviation0.21
R-Squared0.39
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.54
Price to Sales (P/S)1.08
Price to Cash Flow (P/CF)6.40
P/FCF Ratio6.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$31.67Price Target Upside20.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
MEG Energy News
PremiumCompany Announcements
MEG Energy Warns Against TRC’s Lowball Mini-Tender
PremiumCompany Announcements
MEG Energy to Reward Shareholders with 100% Cash Flow Return
PremiumCompany Announcements
MEG Energy Declares First Dividend, TMX Pipeline Boosts ProspectsOptions Prices
Currently, No data available
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Ownership Overview
0.40% Insiders
21.68% Mutual Funds
<0.01% Other Institutional Investors
70.56% 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$22.79 and its highest was C$33.70 in the past 12 months.
What is MEG Energy’s market cap?
Currently, no data Available
When is MEG Energy’s upcoming earnings report date?
MEG Energy’s upcoming earnings report date is Nov 05, 2024 which is today.
How were MEG Energy’s earnings last quarter?
MEG Energy released its earnings results on Jul 25, 2024. The company reported C$0.5 earnings per share for the quarter, missing the consensus estimate of C$0.636 by -C$0.136.
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 0.41%. See more information on MEG Energy dividends here
What is MEG Energy’s EPS estimate?
MEG Energy’s EPS estimate is C$0.71.
How many shares outstanding does MEG Energy have?
MEG Energy has 266,248,050 shares outstanding.
What happened to MEG Energy’s price movement after its last earnings report?
MEG Energy reported an EPS of C$0.5 in its last earnings report, missing expectations of C$0.636. Following the earnings report the stock price went up 1.49%.
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$31.67 (20.63% Upside)
C$31.67 (20.63% Upside)
Blogger Sentiment
Bullish
TSE:MEG Sentiment 66%
Sector Average 71%
Sector Average 71%
Insider Transactions
Bought Shares
Worth $403.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.86%
12-Months-Change
Fundamentals
Return on Equity
12.93%
Trailing 12-Months
Asset Growth
-2.79%
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
Q2 2024
0:00 / 0:00
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MEG Stock 12 Month Forecast
Average Price Target
C$31.67
▲(20.63% Upside)
Technical Analysis
Best Analysts Covering MEG
1 Year
1 Year Success Rate
15/19 ratings generated profit
1 Year Average Return
+59.70%
reiterated a buy rating 7 months ago
Copying Randy Ollenberger's trades and holding each position for 1 Year would result in 78.95% of your transactions generating a profit, with an average return of +59.70% per trade.
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