MEG:CA:TSX-MEG Energy Corp. (CAD)

EQUITY | Oil & Gas E&P | Toronto Stock Exchange

Last Closing

CAD 29.41

Change

-0.64 (-2.13)%

Market Cap

CAD 1.39B

Volume

2.58M

Analyst Target

CAD 4.65
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

MEG Energy Corp is an oil sands company engaged in the development of oil sands in Alberta. The Company has two commercial SAGD projects; the Christina Lake Project and the Surmont Project.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
CNQ:CA Canadian Natural Resources Ltd

N/A

CAD 99.59B
TOU:CA Tourmaline Oil Corp.

N/A

CAD 23.59B
OVV:CA Ovintiv Inc

N/A

CAD 17.61B
ARX:CA ARC Resources Ltd.

N/A

CAD 14.31B
CPG:CA Crescent Point Energy Corp.

N/A

CAD 7.24B
PSK:CA PrairieSky Royalty Ltd

N/A

CAD 6.23B
WCP:CA Whitecap Resources Inc.

N/A

CAD 5.90B
SCR:CA Strathcona Resources Ltd.

N/A

CAD 4.87B
POU:CA Paramount Resources Ltd.

N/A

CAD 4.52B
BTE:CA Baytex Energy Corp

N/A

CAD 3.60B

ETFs Containing MEG:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas E&P) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 24.25% 78% C+ 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 24.25% 76% C+ 88% B+
Trailing 12 Months  
Capital Gain 36.79% 81% B- 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 36.79% 80% B- 87% B+
Trailing 5 Years  
Capital Gain 535.21% 94% A 97% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 535.21% 94% A 97% N/A
Average Annual (5 Year Horizon)  
Capital Gain 74.15% 62% D 96% N/A
Dividend Return 74.15% 58% F 96% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 91.28% 67% D+ 8% B-
Risk Adjusted Return 81.24% 93% A 94% A
Market Capitalization 1.39B 93% A 89% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas E&P) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.05 25% 45%
Price/Book Ratio 1.89 20% 37%
Price / Cash Flow Ratio 6.26 20% 48%
Price/Free Cash Flow Ratio 6.83 19% 45%
Management Effectiveness  
Return on Equity 13.20% 72% 78%
Return on Invested Capital 15.79% 70% 83%
Return on Assets 8.47% 85% 93%
Debt to Equity Ratio 24.83% 40% 74%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.