MEG Stock Overview
An energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MEG Energy Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$29.41 |
| 52 Week High | CA$33.70 |
| 52 Week Low | CA$19.41 |
| Beta | 3.12 |
| 1 Month Change | -5.86% |
| 3 Month Change | 9.62% |
| 1 Year Change | 36.79% |
| 3 Year Change | 286.97% |
| 5 Year Change | 557.94% |
| Change since IPO | -16.00% |
Recent News & Updates
The MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Sales Forecasts
May 08
Are Investors Undervaluing MEG Energy Corp. (TSE:MEG) By 45%?
May 05Recent updates
The MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Sales Forecasts
May 08Are Investors Undervaluing MEG Energy Corp. (TSE:MEG) By 45%?
May 05MEG Energy Corp. (TSE:MEG) Might Not Be As Mispriced As It Looks
Apr 21The MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Sales Forecasts
Mar 05MEG Energy's (TSE:MEG) Returns On Capital Are Heading Higher
Mar 02Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly
Feb 13MEG Energy Corp. (TSE:MEG) Doing What It Can To Lift Shares
Jan 07MEG Energy Corp. (TSE:MEG) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 20MEG Energy (TSE:MEG) Is Doing The Right Things To Multiply Its Share Price
Dec 01We Think MEG Energy (TSE:MEG) Can Stay On Top Of Its Debt
Sep 28MEG Energy Corp.'s (TSE:MEG) Intrinsic Value Is Potentially 88% Above Its Share Price
Sep 10Returns Are Gaining Momentum At MEG Energy (TSE:MEG)
Aug 23Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly
Jun 18Are Investors Undervaluing MEG Energy Corp. (TSE:MEG) By 44%?
Jun 02MEG Energy (TSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue
May 13Here's Why We Think MEG Energy (TSE:MEG) Is Well Worth Watching
Apr 28MEG Energy (TSE:MEG) Seems To Use Debt Quite Sensibly
Feb 01If EPS Growth Is Important To You, MEG Energy (TSE:MEG) Presents An Opportunity
Jan 16Is MEG Energy Corp. (TSE:MEG) Trading At A 45% Discount?
Dec 04Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly
Oct 26Is Now The Time To Put MEG Energy (TSE:MEG) On Your Watchlist?
Sep 09Is MEG Energy Corp. (TSE:MEG) Trading At A 39% Discount?
Aug 19Is MEG Energy (TSE:MEG) Using Too Much Debt?
Jun 04An Intrinsic Calculation For MEG Energy Corp. (TSE:MEG) Suggests It's 35% Undervalued
May 08Newsflash: MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Revenue Forecasts
May 08Shareholder Returns
| MEG | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -4.0% | 1.8% | 1.2% |
| 1Y | 36.8% | 21.5% | 11.8% |
Return vs Industry: MEG exceeded the Canadian Oil and Gas industry which returned 21.5% over the past year.
Return vs Market: MEG exceeded the Canadian Market which returned 11.8% over the past year.
Price Volatility
| MEG volatility | |
|---|---|
| MEG Average Weekly Movement | 3.4% |
| Oil and Gas Industry Average Movement | 6.6% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: MEG has not had significant price volatility in the past 3 months.
Volatility Over Time: MEG's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 450 | Darlene Gates | www.megenergy.com |
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. It also transports and sells thermal oil in North America and internationally.
MEG Energy Corp. Fundamentals Summary
| MEG fundamental statistics | |
|---|---|
| Market cap | CA$8.16b |
| Earnings (TTM) | CA$586.00m |
| Revenue (TTM) | CA$5.54b |
13.6x
P/E Ratio1.4x
P/S RatioIs MEG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEG income statement (TTM) | |
|---|---|
| Revenue | CA$5.54b |
| Cost of Revenue | CA$2.94b |
| Gross Profit | CA$2.60b |
| Other Expenses | CA$2.01b |
| Earnings | CA$586.00m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 25, 2024
| Earnings per share (EPS) | 2.16 |
| Gross Margin | 46.92% |
| Net Profit Margin | 10.58% |
| Debt/Equity Ratio | 22.5% |
How did MEG perform over the long term?
See historical performance and comparison