ME7 Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MEG Energy Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$21.40 |
| 52 Week High | CA$22.60 |
| 52 Week Low | CA$13.23 |
| Beta | 3.13 |
| 1 Month Change | 3.98% |
| 3 Month Change | 34.76% |
| 1 Year Change | 40.98% |
| 3 Year Change | 424.51% |
| 5 Year Change | 428.92% |
| Change since IPO | -10.94% |
Recent News & Updates
Recent updates
Shareholder Returns
| ME7 | DE Oil and Gas | DE Market | |
|---|---|---|---|
| 7D | -0.9% | -1.3% | -2.5% |
| 1Y | 41.0% | -36.8% | -0.4% |
Return vs Industry: ME7 exceeded the German Oil and Gas industry which returned -36.8% over the past year.
Return vs Market: ME7 exceeded the German Market which returned -0.4% over the past year.
Price Volatility
| ME7 volatility | |
|---|---|
| ME7 Average Weekly Movement | 4.3% |
| Oil and Gas Industry Average Movement | 4.8% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 9.9% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: ME7's share price has been volatile over the past 3 months.
Volatility Over Time: ME7's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 450 | Derek Evans | 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 | €5.91b |
| Earnings (TTM) | €388.27m |
| Revenue (TTM) | €3.86b |
15.0x
P/E Ratio1.5x
P/S RatioIs ME7 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ME7 income statement (TTM) | |
|---|---|
| Revenue | CA$5.65b |
| Cost of Revenue | CA$3.09b |
| Gross Profit | CA$2.56b |
| Other Expenses | CA$1.99b |
| Earnings | CA$569.00m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 06, 2024
| Earnings per share (EPS) | 2.09 |
| Gross Margin | 45.32% |
| Net Profit Margin | 10.07% |
| Debt/Equity Ratio | 24.8% |
How did ME7 perform over the long term?
See historical performance and comparison