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

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

Last Closing

CAD 31.1

Change

+0.25 (+0.81)%

Market Cap

CAD 1.39B

Volume

1.36M

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: 2024-03-28 )

Largest Industry Peers for Oil & Gas E&P

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

N/A

CAD 114.08B
TOU:CA Tourmaline Oil Corp.

N/A

CAD 22.89B
OVV:CA Ovintiv Inc

N/A

CAD 19.92B
ARX:CA ARC Resources Ltd.

N/A

CAD 15.38B
CPG:CA Crescent Point Energy Corp.

N/A

CAD 7.67B
PSK:CA PrairieSky Royalty Ltd

N/A

CAD 6.63B
WCP:CA Whitecap Resources Inc.

N/A

CAD 6.21B
ERF:CA Enerplus Corporation

N/A

CAD 5.73B
SCR:CA Strathcona Resources Ltd.

N/A

CAD 4.87B
BTE:CA Baytex Energy Corp

N/A

CAD 4.41B

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 31.39% 95% A 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 31.39% 93% A 94% A
Trailing 12 Months  
Capital Gain 45.87% 89% A- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 45.87% 89% A- 93% A
Trailing 5 Years  
Capital Gain 509.80% 91% A- 97% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 509.80% 91% A- 97% N/A
Average Annual (5 Year Horizon)  
Capital Gain 70.32% 62% D 96% N/A
Dividend Return 70.32% 58% F 96% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 94.47% 67% D+ 8% B-
Risk Adjusted Return 74.44% 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 15.22 17% 43%
Price/Book Ratio 1.81 20% 37%
Price / Cash Flow Ratio 6.08 17% 48%
Price/Free Cash Flow Ratio 6.58 19% 45%
Management Effectiveness  
Return on Equity 12.77% 59% 76%
Return on Invested Capital 15.79% 69% 84%
Return on Assets 7.94% 71% 91%
Debt to Equity Ratio 24.83% 39% 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.

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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

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.