MEG Energy (TSE:MEG)
TSX:MEG
MEG Energy Stock Analysis & Ratings
TSE:MEG Stock Chart & Stats
Day’s RangeC$18.94 - C$19.54
52-Week RangeC$6.57 - C$22.45
Previous CloseC$18.57
Volume2.85M
Average Volume (3M)2.82M
Market CapC$5.99B
P/E Ratio9.0
Beta3.19
Next EarningsAug 03, 2022
EPS ForecastC$1.12
Next Dividend Ex-DateN/A
Dividend YieldN/A
1Y Price TargetC$24.50
Smart Score9
EPS (TTM)2.16
P/E Ratio Range
The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.
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TSE:MEG FAQ
What was MEG Energy’s price range in the past 12 months?
MEG Energy lowest stock price was C$6.57 and its highest was C$22.45 in the past 12 months.
What is MEG Energy’s market cap?
MEG Energy’s market cap is C$5.99B.
What is MEG Energy’s price target?
The average price target for MEG Energy is C$24.50. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$32.00 ,the lowest forecast is C$22.00. The average price target represents 25.83% Increase from the current price of C$19.47.
The highest analyst price target is C$32.00 ,the lowest forecast is C$22.00. The average price target represents 25.83% Increase from the current price of C$19.47.
What do analysts say about MEG Energy?
MEG Energy’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 8 Wall Streets Analysts.
When is MEG Energy’s upcoming earnings report date?
MEG Energy’s upcoming earnings report date is Aug 03, 2022 which is in 79 days.
How were MEG Energy’s earnings last quarter?
MEG Energy released its earnings results on May 02, 2022. The company reported C$1.15 earnings per share for the quarter, beating the consensus estimate of C$1.036 by C$0.114.
Is MEG Energy overvalued?
According to Wall Street analysts MEG Energy’s price is currently Undervalued.
Does MEG Energy pay dividends?
MEG Energy does not currently pay dividends.
What is MEG Energy’s EPS estimate?
MEG Energy’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does MEG Energy have?
MEG Energy has 310,580,000 shares outstanding.
What happened to MEG Energy’s price movement after its last earnings report?
MEG Energy reported an EPS of C$1.15 in its last earnings report, beating expectations of C$1.036. Following the earnings report the stock price went up 4.933%.
Which hedge fund is a major shareholder of MEG Energy?
Currently, no hedge funds are holding shares in TSE:MEG
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MEG Energy Stock Analysis
Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Price Target
C$24.50
Moderate Buy▲(25.83% Upside)
Analyst Forecast
Moderate Buy
Average Price Target: C$24.50
Blogger Sentiment
Bullish
TSE:MEG Sentiment 85% Sector Average 77%
Hedge Fund Holdings
N/A
Currently Not Enough Data Available
Insider Transactions
▼ Sold Shares
Worth $18.7M over the Last 3 Months
Retail Investors
N/A
Currently Not Enough Data Available
News Sentiment
N/A
Currently Not Enough Data Available
Technicals
SMA
Positive
20 days / 200 days
Momentum
170.25%
12-Months-Change
Fundamentals
Return on Equity
17.16%
Trailing 12-Months
Asset Growth
5.18%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
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