MEG Energy Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $18.69
- Today's High:
- $19.07
- Open Price:
- $19
- 52W Low:
- $10.1039
- 52W High:
- $19.1509
- Prev. Close:
- $18.64
- Volume:
- 63689
Company Statistics
- Market Cap.:
- $5.37 billion
- Book Value:
- 15.552
- Revenue TTM:
- $5.79 billion
- Operating Margin TTM:
- 16.36%
- Gross Profit TTM:
- $3.14 billion
- Profit Margin:
- 9.19%
- Return on Assets TTM:
- 8.28%
- Return on Equity TTM:
- 12.12%
Company Profile
MEG Energy Corp had its IPO on under the ticker symbol MEGEF.
The company operates in the Energy sector and Oil & Gas E&P industry. MEG Energy Corp has a staff strength of 429 employees.
Stock update
Shares of MEG Energy Corp opened at $19 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $18.69 - $19.07, and closed at $18.76.
This is a +0.64% increase from the previous day's closing price.
A total volume of 63,689 shares were traded at the close of the day’s session.
In the last one week, shares of MEG Energy Corp have slipped by -0.11%.
MEG Energy Corp's Key Ratios
MEG Energy Corp has a market cap of $5.37 billion, indicating a price to book ratio of 1.1944 and a price to sales ratio of 0.6428.
In the last 12-months MEG Energy Corp’s revenue was $5.79 billion with a gross profit of $3.14 billion and an EBITDA of $1.48 billion. The EBITDA ratio measures MEG Energy Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, MEG Energy Corp’s operating margin was 16.36% while its return on assets stood at 8.28% with a return of equity of 12.12%.
In Q2, MEG Energy Corp’s quarterly earnings growth was a negative -34.7% while revenue growth was a negative 17.8%.
MEG Energy Corp’s PE and PEG Ratio
- Forward PE
- 7.0274
- Trailing PE
- 14.3588
- PEG
- 0
Its diluted EPS in the last 12-months stands at $1.31 per share while it has a forward price to earnings multiple of 7.0274 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MEG Energy Corp’s profitability.
MEG Energy Corp stock is trading at a EV to sales ratio of 0.847 and a EV to EBITDA ratio of 2.7261. Its price to sales ratio in the trailing 12-months stood at 0.6428.
MEG Energy Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $6.85 billion
- Total Liabilities
- $532.00 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $149 million
- Dividend Payout Ratio
- 0%
MEG Energy Corp ended 2024 with $6.85 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.85 billion while shareholder equity stood at $4.44 billion.
MEG Energy Corp ended 2024 with $0 in deferred long-term liabilities, $532.00 million in other current liabilities, 5037000000.00 in common stock, $-799000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $66.00 million and cash and short-term investments were $66.00 million. The company’s total short-term debt was $18,000,000 while long-term debt stood at $1.38 billion.
MEG Energy Corp’s total current assets stands at $763.00 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $449.00 million compared to accounts payable of $424.00 million and inventory worth $229.00 million.
In 2024, MEG Energy Corp's operating cash flow was $0 while its capital expenditure stood at $149 million.
Comparatively, MEG Energy Corp paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $18.76
- 52-Week High
- $19.1509
- 52-Week Low
- $10.1039
- Analyst Target Price
- $
MEG Energy Corp stock is currently trading at $18.76 per share. It touched a 52-week high of $19.1509 and a 52-week low of $19.1509. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $17.72 and 200-day moving average was $15.91 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 53.9% of the company’s stock are held by insiders while 3546.7% are held by institutions.
Frequently Asked Questions About MEG Energy Corp
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About
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production 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. MEG Energy Corp. was incorporated in 1999 and is headquartered in Calgary, Canada.