MEG N 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 | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MEG Energy Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$293.90 |
| 52 Week High | CA$293.90 |
| 52 Week Low | CA$260.00 |
| Beta | 2.85 |
| 11 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 13.04% |
Recent News & Updates
Recent updates
Shareholder Returns
| MEG N | MX Oil and Gas | MX Market | |
|---|---|---|---|
| 7D | 0% | 2.7% | -0.9% |
| 1Y | n/a | 7.2% | -4.7% |
Return vs Industry: Insufficient data to determine how MEG N performed against the MX Oil and Gas industry.
Return vs Market: Insufficient data to determine how MEG N performed against the MX Market.
Price Volatility
| MEG N volatility | |
|---|---|
| MEG N Average Weekly Movement | n/a |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in MX Market | 6.1% |
| 10% least volatile stocks in MX Market | 2.6% |
Stable Share Price: MEG N has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine MEG N's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 430 | Derek Evans | 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 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 N fundamental statistics | |
|---|---|
| Market cap | Mex$82.53b |
| Earnings (TTM) | Mex$11.98b |
| Revenue (TTM) | Mex$81.25b |
6.9x
P/E Ratio1.0x
P/S RatioIs MEG N overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEG N income statement (TTM) | |
|---|---|
| Revenue | CA$6.12b |
| Cost of Revenue | CA$2.98b |
| Gross Profit | CA$3.14b |
| Other Expenses | CA$2.23b |
| Earnings | CA$902.00m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
May 01, 2023
| Earnings per share (EPS) | 3.14 |
| Gross Margin | 51.24% |
| Net Profit Margin | 14.74% |
| Debt/Equity Ratio | 36.1% |
How did MEG N perform over the long term?
See historical performance and comparison