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MEG Energy OTCPK:MEGE.F Stock Report

Last Price

US$22.90

Market Cap

US$6.1b

7D

2.0%

1Y

53.7%

Updated

25 Mar, 2024

Data

Company Financials +

MEGE.F 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.

MEGE.F fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

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$22.90
52 Week HighCA$23.12
52 Week LowCA$14.15
Beta3.16
1 Month Change14.16%
3 Month Change24.46%
1 Year Change53.69%
3 Year Change338.36%
5 Year Change469.94%
Change since IPO-44.46%

Recent News & Updates

Recent updates

Shareholder Returns

MEGE.FUS Oil and GasUS Market
7D2.0%1.6%2.1%
1Y53.7%18.5%30.4%

Return vs Industry: MEGE.F exceeded the US Oil and Gas industry which returned 18.5% over the past year.

Return vs Market: MEGE.F exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is MEGE.F's price volatile compared to industry and market?
MEGE.F volatility
MEGE.F Average Weekly Movement4.4%
Oil and Gas Industry Average Movement4.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: MEGE.F has not had significant price volatility in the past 3 months.

Volatility Over Time: MEGE.F's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999450Derek Evanshttps://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

How do MEG Energy's earnings and revenue compare to its market cap?
MEGE.F fundamental statistics
Market capUS$6.14b
Earnings (TTM)US$418.84m
Revenue (TTM)US$4.16b

14.8x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEGE.F income statement (TTM)
RevenueCA$5.65b
Cost of RevenueCA$3.09b
Gross ProfitCA$2.56b
Other ExpensesCA$1.99b
EarningsCA$569.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.09
Gross Margin45.32%
Net Profit Margin10.07%
Debt/Equity Ratio24.8%

How did MEGE.F perform over the long term?

See historical performance and comparison
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