ME7 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. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
MEG Energy Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$18.20 |
| 52 Week High | CA$22.60 |
| 52 Week Low | CA$15.46 |
| Beta | 2.87 |
| 11 Month Change | 7.69% |
| 3 Month Change | 1.11% |
| 1 Year Change | 5.02% |
| 33 Year Change | 144.30% |
| 5 Year Change | 394.57% |
| Change since IPO | -24.26% |
Recent News & Updates
Recent updates
Shareholder Returns
| ME7 | DE Oil and Gas | DE Market | |
|---|---|---|---|
| 7D | 7.1% | -1.2% | -0.02% |
| 1Y | 5.0% | -38.1% | 8.2% |
Return vs Industry: ME7 exceeded the German Oil and Gas industry which returned -38.1% over the past year.
Return vs Market: ME7 underperformed the German Market which returned 8.2% over the past year.
Price Volatility
| ME7 volatility | |
|---|---|
| ME7 Average Weekly Movement | 5.3% |
| Oil and Gas Industry Average Movement | 5.5% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.9% |
| 10% least volatile stocks in DE Market | 2.3% |
Stable Share Price: ME7 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: ME7's weekly volatility (5%) 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
| ME7 fundamental statistics | |
|---|---|
| Market cap | €4.82b |
| Earnings (TTM) | €346.26m |
| Revenue (TTM) | €3.74b |
13.9x
P/E Ratio1.3x
P/S RatioIs ME7 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ME7 income statement (TTM) | |
|---|---|
| Revenue | CA$5.45b |
| Cost of Revenue | CA$2.94b |
| Gross Profit | CA$2.51b |
| Other Expenses | CA$2.01b |
| Earnings | CA$504.00m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.91 |
| Gross Margin | 46.11% |
| Net Profit Margin | 9.25% |
| Debt/Equity Ratio | 17.4% |
How did ME7 perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield5%
Payout RatioDoes ME7 pay a reliable dividends?
See ME7 dividend history and benchmarks| MEG Energy dividend dates | |
|---|---|
| Ex Dividend Date | Dec 16 2024 |
| Dividend Pay Date | Jan 15 2025 |
| Days until Ex dividend | 21 days |
| Days until Dividend pay date | 51 days |
Does ME7 pay a reliable dividends?
See ME7 dividend history and benchmarks