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MEG Energy (MEGEF)
OTHER OTC:MEGEF
MEG Energy (MEGEF) Stock Price & Analysis
78 Followers
MEGEF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.73 - $24.59
Previous Close$22.41
Volume10.24K
Average Volume (3M)204.07K
Market Cap
$6.12B
Enterprise Value$6.80B
Total Cash (Recent Filing)C$85.00M
Total Debt (Recent Filing)C$1.01B
Price to Earnings (P/E)14.5
Beta0.90
Next Earnings
Jul 25, 2024EPS Estimate
$0.58Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.54
Shares Outstanding272,100,000
10 Day Avg. Volume193,225
30 Day Avg. Volume204,071
Standard Deviation0.22
R-Squared0.32
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.84
Price to Sales (P/S)1.08
Price to Cash Flow (P/CF)6.60
P/FCF Ratio9.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$25.58Price Target Upside14.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
MEG Energy News
PremiumCompany Announcements
MEG Energy Shareholders Approve All Resolutions
PremiumCompany Announcements
MEG Energy Corp Boasts Solid Q1 2024 Performance
PremiumCompany Announcements
MEG Energy Corp Q1 2024 Results Announcement
Options Prices
Currently, No data available
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Ownership Overview
23.81% Insiders
22.79% Mutual Funds
7.98% Other Institutional Investors
45.41% Public Companies and
Individual Investors
MEGEF FAQ
What was MEG Energy’s price range in the past 12 months?
MEG Energy lowest stock price was $14.73 and its highest was $24.59 in the past 12 months.
What is MEG Energy’s market cap?
Currently, no data Available
When is MEG Energy’s upcoming earnings report date?
MEG Energy’s upcoming earnings report date is Jul 25, 2024 which is in 65 days.
How were MEG Energy’s earnings last quarter?
MEG Energy released its earnings results on May 06, 2024. The company reported $0.265 earnings per share for the quarter, missing the consensus estimate of $0.379 by -$0.115.
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 is $0.58.
How many shares outstanding does MEG Energy have?
MEG Energy has 272,603,970 shares outstanding.
What happened to MEG Energy’s price movement after its last earnings report?
MEG Energy reported an EPS of $0.265 in its last earnings report, missing expectations of $0.379. Following the earnings report the stock price went down -0.476%.
Which hedge fund is a major shareholder of MEG Energy?
Currently, no hedge funds are holding shares in MEGEF
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MEG Energy Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$25.58 (14.61% Upside)
$25.58 (14.61% Upside)
Blogger Sentiment
Bullish
MEGEF Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth $26.5M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.14%
12-Months-Change
Fundamentals
Return on Equity
13.26%
Trailing 12-Months
Asset Growth
-2.72%
Trailing 12-Months
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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MEGEF Earnings Call
Q1 2024
0:00 / 0:00
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MEGEF Stock 12 Month Forecast
Average Price Target
$25.58
▲(14.61% Upside)
Technical Analysis
Best Analysts Covering MEGEF
1 Year
1 Year Success Rate
31/44 ratings generated profit
1 Year Average Return
+28.73%
reiterated a buy rating 14 days ago
Copying Gregory Pardy's trades and holding each position for 1 Year would result in 70.45% of your transactions generating a profit, with an average return of +28.73% per trade.
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