MEG Energy Corp.

TSX:MEG Stock Report

Market Cap: CA$6.0b

MEG Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:MEG Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
12 Dec 24BuyCA$100,812Michael McAllisterIndividual4,207CA$23.96
11 Dec 24BuyCA$188,400Darlene GatesIndividual8,000CA$23.55
06 Dec 24BuyCA$19,962Mark TelangIndividual805CA$24.80
29 Nov 24BuyCA$125,900James McFarlandIndividual5,000CA$25.18
28 Nov 24BuyCA$359,244Darlene GatesIndividual14,400CA$24.95
28 Nov 24BuyCA$87,714Kimberley Lynch ProctorIndividual3,500CA$25.06
28 Nov 24BuyCA$100,392Michael McAllisterIndividual4,012CA$25.02
06 Sep 24BuyCA$196,537Michael McAllisterIndividual7,800CA$25.20
06 Sep 24BuyCA$39,448Darlene GatesIndividual1,600CA$24.67
03 Sep 24BuyCA$189,987Michael McAllisterIndividual7,400CA$25.67
30 Aug 24BuyCA$134,700James McFarlandIndividual5,000CA$26.94
21 Mar 24SellCA$979,505David GrangerIndividual32,144CA$30.47
05 Mar 24SellCA$2,320,000Lyle YuzdepskiIndividual80,000CA$29.00
05 Mar 24SellCA$2,231,240Erik AlsonIndividual77,960CA$29.00
05 Mar 24SellCA$8,860,327Derek EvansIndividual310,000CA$28.58

Insider Trading Volume

Insider Buying: MEG insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of MEG?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders1,108,9120.421%
Institutions126,189,33147.9%
General Public136,030,21751.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 44.3% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.4%
FMR LLC
30,156,714CA$681.8m0%0.03%
8.5%
Capital Research and Management Company
22,388,982CA$506.2m-10.2%0.02%
3.89%
The Vanguard Group, Inc.
10,232,159CA$231.3m0.18%no data
3.68%
Dimensional Fund Advisors LP
9,688,201CA$219.1m-0.09%0.02%
2.4%
RBC Global Asset Management Inc.
6,311,173CA$142.7m0.03%0.06%
2.03%
BlackRock, Inc.
5,340,099CA$120.7m2.63%no data
1.71%
Ninepoint Partners LP
4,500,000CA$101.7m0%5.07%
1.49%
1832 Asset Management L.P.
3,926,300CA$88.8m0%0.08%
1.21%
Boston Partners Global Investors, Inc.
3,176,395CA$71.8m77.9%0.03%
1.19%
TD Asset Management, Inc.
3,133,514CA$70.8m0%0.04%
0.79%
Canoe Financial LP
2,078,297CA$47.0m0%0.53%
0.73%
Manulife Asset Management
1,916,882CA$43.3m0.54%0.02%
0.65%
BMO Asset Management Corp.
1,698,964CA$38.4m2.82%0.01%
0.61%
Royal London Asset Management Ltd.
1,604,765CA$36.3m0%0.03%
0.55%
Picton Mahoney Asset Management
1,439,996CA$32.6m0.19%0.66%
0.45%
IG Investment Management, Ltd.
1,184,692CA$26.8m65.7%0.05%
0.42%
Mackenzie Financial Corporation
1,109,810CA$25.1m-0.01%0.02%
0.39%
JP Morgan Asset Management
1,025,449CA$23.2m-0.03%no data
0.38%
Mirae Asset Global Investments Co., Ltd.
1,013,086CA$22.9m0%0.01%
0.36%
Geode Capital Management, LLC
959,318CA$21.7m6.77%no data
0.31%
Aegis Financial Corporation
826,778CA$18.7m0%3.98%
0.29%
CIBC Asset Management Inc.
762,409CA$17.2m1.41%0.02%
0.29%
State Street Global Advisors, Inc.
753,223CA$17.0m6.09%no data
0.27%
Sjunde AP-fonden
717,971CA$16.2m0%0.01%
0.27%
Charles Schwab Investment Management, Inc.
701,643CA$15.9m0.23%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:50
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MEG Energy Corp. is covered by 38 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Thomas DriscollBarclays
Randy OllenbergerBMO Capital Markets Equity Research