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MEG

MEG Energy TSX:MEG Stock Report

Last Price

CA$17.86

Market Cap

CA$5.3b

7D

-6.5%

1Y

52.1%

Updated

06 Dec, 2022

Data

Company Financials +
MEG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends0/6

MEG Stock Overview

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada.

MEG Energy Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MEG Energy
Historical stock prices
Current Share PriceCA$17.86
52 Week HighCA$24.47
52 Week LowCA$10.03
Beta2.98
1 Month Change-13.09%
3 Month Change9.17%
1 Year Change52.13%
3 Year Change176.47%
5 Year Change240.84%
Change since IPO-48.99%

Recent News & Updates

Is MEG Energy Corp. (TSE:MEG) Trading At A 45% Discount?

Dec 04
Is MEG Energy Corp. (TSE:MEG) Trading At A 45% Discount?

Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly

Oct 26
Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly

Recent updates

Is MEG Energy Corp. (TSE:MEG) Trading At A 45% Discount?

Dec 04
Is MEG Energy Corp. (TSE:MEG) Trading At A 45% Discount?

Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly

Oct 26
Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly

Is Now The Time To Put MEG Energy (TSE:MEG) On Your Watchlist?

Sep 09
Is Now The Time To Put MEG Energy (TSE:MEG) On Your Watchlist?

Is MEG Energy Corp. (TSE:MEG) Trading At A 39% Discount?

Aug 19
Is MEG Energy Corp. (TSE:MEG) Trading At A 39% Discount?

Is MEG Energy (TSE:MEG) Using Too Much Debt?

Jun 04
Is MEG Energy (TSE:MEG) Using Too Much Debt?

An Intrinsic Calculation For MEG Energy Corp. (TSE:MEG) Suggests It's 35% Undervalued

May 08
An Intrinsic Calculation For MEG Energy Corp. (TSE:MEG) Suggests It's 35% Undervalued

Newsflash: MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Revenue Forecasts

May 08
Newsflash: MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Revenue Forecasts

Results: MEG Energy Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 07
Results: MEG Energy Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

Is MEG Energy (TSE:MEG) A Risky Investment?

Feb 19
Is MEG Energy (TSE:MEG) A Risky Investment?

MEG Energy's (TSE:MEG) Robust Earnings Are Supported By Other Strong Factors

Nov 15
MEG Energy's (TSE:MEG) Robust Earnings Are Supported By Other Strong Factors

Shareholder Returns

MEGCA Oil and GasCA Market
7D-6.5%-3.6%0.2%
1Y52.1%31.6%-0.9%

Return vs Industry: MEG exceeded the Canadian Oil and Gas industry which returned 31.6% over the past year.

Return vs Market: MEG exceeded the Canadian Market which returned -0.9% over the past year.

Price Volatility

Is MEG's price volatile compared to industry and market?
MEG volatility
MEG Average Weekly Movement7.6%
Oil and Gas Industry Average Movement8.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market4.1%

Stable Share Price: MEG is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MEG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999413Derek Evanshttps://www.megenergy.com

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions.

MEG Energy Corp. Fundamentals Summary

How do MEG Energy's earnings and revenue compare to its market cap?
MEG fundamental statistics
Market CapCA$5.33b
Earnings (TTM)CA$921.00m
Revenue (TTM)CA$5.98b

5.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MEG income statement (TTM)
RevenueCA$5.98b
Cost of RevenueCA$3.31b
Gross ProfitCA$2.67b
Other ExpensesCA$1.75b
EarningsCA$921.00m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.08
Gross Margin44.70%
Net Profit Margin15.40%
Debt/Equity Ratio40.8%

How did MEG perform over the long term?

See historical performance and comparison