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

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

Last Closing

CAD 3.2

Change

-0.01 (-0.31)%

Market Cap

CAD 1.39B

Volume

2.24M

Analyst Target

CAD 3.56
Analyst Rating

N/A

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)

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Relative Returns (From:    To: 2020-05-29 )

Largest Industry Peers for Oil & Gas E&P

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

+0.17 (+0.16%)

CAD 112.91B
TOU:CA Tourmaline Oil Corp.

+0.06 (+0.09%)

CAD 22.89B
OVV:CA Ovintiv Inc

+0.41 (+0.57%)

CAD 19.92B
ARX:CA ARC Resources Ltd.

-0.06 (-0.24%)

CAD 15.12B
CPG:CA Crescent Point Energy Corp.

+0.03 (+0.25%)

CAD 7.50B
PSK:CA PrairieSky Royalty Ltd

+0.05 (+0.18%)

CAD 6.63B
WCP:CA Whitecap Resources Inc.

+0.10 (+0.94%)

CAD 6.21B
ERF:CA Enerplus Corporation

+0.09 (+0.32%)

CAD 5.65B
SCR:CA Strathcona Resources Ltd.

-0.58 (-1.73%)

CAD 4.87B
BTE:CA Baytex Energy Corp

+0.03 (+0.58%)

CAD 4.27B

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 -56.70% 48% F 5% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -56.70% 44% F 5% F
Trailing 12 Months  
Capital Gain -26.77% 87% B+ 25% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -26.77% 80% B- 24% F
Trailing 5 Years  
Capital Gain -84.00% 62% D 9% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return -84.00% 47% F 7% C-
Average Annual (5 Year Horizon)  
Capital Gain -3.52% 65% D 15% F
Dividend Return -3.52% 58% F 13% F
Total Return N/A N/A N/A N/A F
Risk Return Profile  
Volatility (Standard Deviation) 50.46% 23% F 13% F
Risk Adjusted Return -6.97% 65% D 18% F
Market Capitalization 1.39B 84% B 77% C+

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 29.00 23% 18%
Price/Book Ratio 0.27 57% 90%
Price / Cash Flow Ratio 1.52 34% 75%
Price/Free Cash Flow Ratio 5.72 27% 72%
Management Effectiveness  
Return on Equity -8.01% 69% 30%
Return on Invested Capital 5.03% 63% 51%
Return on Assets 3.66% 86% 71%
Debt to Equity Ratio 81.05% 12% 34%

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 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 earnings

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

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.