MEG Energy (MEGEF)

MEG Energy (MEGEF) Stock Price & Analysis


MEGEF Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$12.04 - $20.71
Previous Close$17.42
Average Volume (3M)333.21K
Market Cap
Enterprise Value$6.21B
Total Cash (Recent Filing)C$66.00M
Total Debt (Recent Filing)C$1.62B
Price to Earnings (P/E)10.8
Feb 28, 2024
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.61
Shares Outstanding283,290,000
10 Day Avg. Volume540,435
30 Day Avg. Volume333,215
Standard Deviation0.23
Financial Highlights & Ratios
Price to Book (P/B)1.56
Price to Sales (P/S)3.82
Price to Cash Flow (P/CF)7.10
P/FCF Ratio14.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Price Target Upside28.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9



Ownership Overview

23.38% Insiders
19.80% Mutual Funds
6.37% Other Institutional Investors
50.45% Public Companies and
Individual Investors


What was MEG Energy’s price range in the past 12 months?
MEG Energy lowest stock price was $12.04 and its highest was $20.71 in the past 12 months.
    What is MEG Energy’s market cap?
    Currently, no data Available
    When is MEG Energy’s upcoming earnings report date?
    MEG Energy’s upcoming earnings report date is Feb 28, 2024 which is in 83 days.
      How were MEG Energy’s earnings last quarter?
      MEG Energy released its earnings results on Nov 06, 2023. The company reported $0.637 earnings per share for the quarter, missing the consensus estimate of $0.663 by -$0.026.
        Is MEG Energy overvalued?
        According to Wall Street analysts MEG Energy’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does MEG Energy pay dividends?
          MEG Energy does not currently pay dividends.
          What is MEG Energy’s EPS estimate?
          MEG Energy’s EPS estimate is $0.52.
            How many shares outstanding does MEG Energy have?
            MEG Energy has 281,643,920 shares outstanding.
              What happened to MEG Energy’s price movement after its last earnings report?
              MEG Energy reported an EPS of $0.637 in its last earnings report, missing expectations of $0.663. Following the earnings report the stock price went down -3.441%.
                Which hedge fund is a major shareholder of MEG Energy?
                Currently, no hedge funds are holding shares in MEGEF


                Company Description

                MEG Energy

                MEG Energy Corp. is oil sands company, which engages in the development and production of in situ. It also operates oil recovery projects which utilize steam-assisted gravity drainage including Christina Lake, Summont, and May River Regional Project. It offers Steam-Assisted Gravity Drainage, eMSAGP, Cogeneration, and HI-Q Field Pilot technology. The company was founded by William J. McCaffrey, Steve Turner, and David J. Wizinsky on March 9, 1999 and is headquartered in Calgary, Canada.


                Forecast EPS vs Actual EPS

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