MEG ENERGY CORP (MEG.CA) Stock Price, Quote, News and Overview
TSX:MEG - Toronto Stock Exchange - CA5527041084 - Common Stock - Currency: CAD
MEG.CA Quote, Performance and Key Statistics
MEG ENERGY CORP
TSX:MEG (2/5/2025, 7:00:00 PM)
23.82
-0.36 (-1.49%)
The current stock price of MEG.CA is 23.82 CAD. In the past month the price decreased by -1.81%. In the past year, price decreased by -0.42%.
MEG.CA Latest News, Press Releases and Analysis
MEG Energy Cautions Investors Regarding TRC Capital's Below Market "Mini-Tender" Offer
/CNW/ - MEG Energy Corp. ("MEG" or the "Corporation" (TSX: MEG)) has received notice of an unsolicited "mini-tender" offer made by TRC Capital Investment...
MEG Energy Announces Completion of Debt Reduction Strategy and Initiation of Return of 100% of Free Cash Flow to MEG Shareholders
/CNW/ - MEG Energy Corp. ("MEG" or the "Corporation" (TSX: MEG)) is pleased to announce that it has achieved its US$600 million debt target and will now be...
MEG Energy announces second quarter 2024 financial and operating results and declares inaugural quarterly cash dividend
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's...
MEG Energy Maintains Steady Production Amid Regional Wildfires, Prioritizes Safety
/CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX:MEG) announced today that its production levels have remained stable at its Christina Lake Regional...
Wildfires Threaten Canadian Oil Output as MEG Evacuates Workers
A flareup of wildfires in Alberta is threatening as much as half a million barrels a day of output, with MEG Energy Corp becoming the latest company to evacuate workers.
MEG Energy Responds to Regional Wildfires with Evacuation of Non-Essential Personnel at Christina Lake Regional Project
/CNW/ - MEG Energy Corp. ("MEG" or the "Corporation" (TSX: MEG) reports that the Corporation has proactively initiated a controlled evacuation of non-essential...
MEG.CA Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CNQ.CA | CANADIAN NATURAL RESOURCES | 12.01 | 93.88B | ||
| TOU.CA | TOURMALINE OIL CORP | 15.02 | 24.86B | ||
| AAV-DB.CA | Advantage Energy Ltd | 323.71 | 16.76B | ||
| OVV.CA | OVINTIV INC | 6.34 | 16.16B | ||
| ARX.CA | ARC RESOURCES LTD | 11.92 | 14.82B | ||
| SGY-DB-B.CA | SURGE ENERGY INC | N/A | 10.31B | ||
| PSK.CA | PRAIRIESKY ROYALTY LTD | 20.56 | 6.54B | ||
| SCR.CA | STRATHCONA RESOURCES LTD | 7.32 | 5.85B | ||
| WCP.CA | WHITECAP RESOURCES INC | 6.7 | 5.74B | ||
| POU.CA | PARAMOUNT RESOURCES LTD -A | 12.86 | 4.57B | ||
| VRN.CA | VEREN INC | 3.88 | 4.57B | ||
| TPZ.CA | TOPAZ ENERGY CORP | 61.05 | 3.83B |
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About MEG.CA
Company Profile
MEG Energy Corp. engages in the production of in situ thermal oil. The company is headquartered in Calgary, Alberta and currently employs 449 full-time employees. The company went IPO on 2010-07-29. The firm is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. The company transports and sells thermal oil (AWB) to customers throughout North America and internationally. The firm owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. The company comprised of approximately 200 square kilometers of leases.
Company Info
MEG ENERGY CORP
600 - 3rd Avenue S.W., 21st Floor
Calgary ALBERTA T2P 0G5 CA
CEO: Derek W. Evans
Employees: 449
Company Website: http://www.megenergy.com/
Investor Relations: https://www.megenergy.com/investors
Phone: 14037700446
MEG.CA FAQ
What is the stock price of MEG.CA?
The current stock price of MEG.CA is 23.82 CAD.
What is the symbol for MEG ENERGY CORP stock?
The exchange symbol of MEG ENERGY CORP is MEG and it is listed on the Toronto Stock Exchange exchange.
On which exchange is MEG.CA stock listed?
MEG.CA stock is listed on the Toronto Stock Exchange exchange.
Is MEG.CA a good stock to buy?
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for MEG.CA, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of MEG.CA.
Does MEG.CA stock pay dividends?
MEG.CA has a dividend yield of 1.67%. The yearly dividend amount is currently 0.
When does MEG.CA stock report earnings?
MEG.CA will report earnings on 2025-02-27, after the market close.
What is the Price/Earnings (PE) ratio of MEG.CA?
The PE ratio for MEG.CA is 12.88. This is based on the reported non-GAAP earnings per share of 1.85 and the current share price of 23.82 CAD.
MEG.CA Technical Analysis
MEG.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to MEG.CA. MEG.CA has an excellent financial health rating, but there are some minor concerns on its profitability.
MEG.CA Financial Highlights
Over the last trailing twelve months MEG.CA reported a non-GAAP Earnings per Share(EPS) of 1.85. The EPS decreased by -13.55% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 9.25% | ||
| ROA | 7.53% | ||
| ROE | 10.92% | ||
| Debt/Equity | 0.22 |
MEG.CA Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 75% to MEG.CA. The Buy consensus is the average rating of analysts ratings from 19 analysts.
For the next year, analysts expect an EPS growth of 6.44% and a revenue growth -9.96% for MEG.CA