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

COMMON STOCK | Oil & Gas E&P |

Last Closing

CAD 27.11

Change

-0.22 (-0.80)%

Market Cap

CAD 7.03B

Volume

2.81M

Analyst Target

CAD 4.65
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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. The company was incorporated in 1999 and is headquartered in Calgary, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-07 )

Largest Industry Peers for Oil & Gas E&P

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

-0.08 (-0.17%)

CAD 101.98B
TOU:CA Tourmaline Oil Corp.

-1.96 (-3.01%)

CAD 24.06B
ARX:CA ARC Resources Ltd.

+1.98 (+8.58%)

CAD 14.94B
OVV:CA Ovintiv Inc

-0.98 (-1.67%)

CAD 14.79B
PSK:CA PrairieSky Royalty Ltd

+0.31 (+1.08%)

CAD 6.70B
WCP:CA Whitecap Resources Inc.

N/A

CAD 6.27B
SCR:CA Strathcona Resources Ltd.

+1.09 (+3.87%)

CAD 5.83B
POU:CA Paramount Resources Ltd.

-0.32 (-1.18%)

CAD 4.03B
BTE:CA Baytex Energy Corp

-0.09 (-2.05%)

CAD 3.46B
PEY:CA Peyto Exploration&Development ..

N/A

CAD 3.04B

ETFs Containing MEG:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas E&P) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 14.53% 62% D 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 14.53% 62% D 56% F
Trailing 12 Months  
Capital Gain 6.15% 60% D- 28% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.15% 60% D- 28% F
Trailing 5 Years  
Capital Gain 392.91% 63% D 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 392.91% 63% D 92% A
Average Annual (5 Year Horizon)  
Capital Gain 79.87% 67% D+ 96% N/A
Dividend Return 79.87% 63% D 96% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 85.79% 69% C- 10% F
Risk Adjusted Return 93.09% 92% A 94% A
Market Capitalization 7.03B 91% A- 86% B+

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.