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MEG - MEG Energy Share Price

C$6.5 -0.1  -2.0%

Last Trade - 09/04/21

Sector
Energy
Size
Mid Cap
Market Cap £1.15bn
Enterprise Value £2.94bn
Revenue £1.33bn
Position in Universe 205th / 2707
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -16.6%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -19.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,926 1,862 2,474 2,733 3,931 2,292 2,778 2,919 +3.5%
+258.8
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, MEGEnergy Corp revenues decreased 42% to C$2.29B. Net lossincreased from C$62M to C$357M. Revenues reflect Petroleumrevenue decrease of 43% to C$2.24B, Power revenue decreaseof 25% to C$45M, Transportation revenue decrease of 8% toC$12M. Higher net loss reflects Exploration expenseincrease from C$58M to C$366M (expense), Foreign exchangegain (loss), net) decrease of 72% to C$49M (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
MEG EPS Forecasts Unlock MEG Revenue
Profile Summary

MEG Energy Corp (MEG) is a Canada-based oil sands company. It is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is engaged in developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods. The Company has the following commercial SAGD projects: the Christina Lake Project and the Surmont Project. The Christina Lake Project is situated on over 80 square miles of oil sands leases in the southern Athabasca oil sands region of Alberta. MEG owns working interest in the oil sands leases associated with the Christina Lake Project. The Surmont Project comprises over 30 square miles of lands in the southern Athabasca oil sands region of Alberta. The Surmont Project is located approximately 50 miles south of Fort McMurray. MEG owns working interest in the oil sands leases associated with the Surmont Project.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated January 1, 2009
Public Since July 29, 2010
No. of Shareholders: n/a
No. of Employees: 391
Sector Energy
Industry Oil & Gas
Index S&P/TSX Composite , S&P - Tse 300 Capped ,
Exchange Toronto Stock Exchange
Shares in Issue 302,738,250
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MEG Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
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Range (12m)
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Latest News for MEG
Upcoming Events for MEG
Monday 3rd May, 2021 Estimate
Q1 2021 MEG Energy Corp Earnings Release
Thursday 17th June, 2021 Estimate
MEG Energy Corp Annual Shareholders Meeting
Monday 26th July, 2021 Estimate
Q2 2021 MEG Energy Corp Earnings Release
Frequently Asked Questions for MEG Energy
What is the MEG Energy share price?

As of 09/04/21, shares in MEG Energy are trading at C$6.5, giving the company a market capitalisation of £1.15bn. This share price information is delayed by 15 minutes.

How has the MEG Energy share price performed this year?

Shares in MEG Energy are currently trading at C$6.5 and the price has moved by 0.136k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the MEG Energy price has moved by 73.02% over the past year.

What are the analyst and broker recommendations for MEG Energy?

Of the analysts with advisory recommendations for MEG Energy, there are there are currently 1 "buy" , 10 "hold" and 0 "sell" recommendations. The overall consensus recommendation for MEG Energy is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will MEG Energy next release its financial results?

MEG Energy is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the MEG Energy dividend yield?

MEG Energy does not currently pay a dividend.

Does MEG Energy pay a dividend?

MEG Energy does not currently pay a dividend.

When does MEG Energy next pay dividends?

MEG Energy does not currently pay a dividend.

How do I buy MEG Energy shares?

To buy shares in MEG Energy you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of MEG Energy?

Shares in MEG Energy are currently trading at C$6.5, giving the company a market capitalisation of £1.15bn.

Where are MEG Energy shares listed? Where are MEG Energy shares listed?

Here are the trading details for MEG Energy:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: MEG
What kind of share is MEG Energy?

Based on an overall assessment of its quality, value and momentum, MEG Energy is currently classified as a Turnaround. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a MEG Energy share price forecast 2021?

Shares in MEG Energy are currently priced at C$6.5. At that level they are trading at 21.69% discount to the analyst consensus target price of 0.00.

Analysts covering MEG Energy currently have a consensus Earnings Per Share (EPS) forecast of 0.291 for the next financial year.

How can I tell whether the MEG Energy share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like MEG Energy. Over the past six months, the relative strength of its shares against the market has been 92.46%. At the current price of C$6.5, shares in MEG Energy are trading at 50.83% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the MEG Energy PE Ratio?

We were not able to find PE ratio data for MEG Energy.

Who are the key directors of MEG Energy?

MEG Energy's management team is headed by:

Chi-Tak Yee - COO
Robert Hodgins - IND
Eric Toews - CFO
Jeffrey McCaig - CHM
William Klesse - IND
Derek Evans - PRE
Grant Billing - IND
Ian Bruce - IND
Judy Fairburn - IND
Jeremy Gizen - VPR
Lyle Yuzdepski - SVP
Who are the major shareholders of MEG Energy?

Here are the top five shareholders of MEG Energy based on the size of their shareholding:

Fidelity Management & Research Company LLC Investment Advisor
Percentage owned: 5.67% (17.2m shares)
Kopernik Global Investors, LLC Investment Advisor/Hedge Fund
Percentage owned: 3.35% (10.1m shares)
Fidelity Balanced Fund Mutual Fund
Percentage owned: 2.73% (8.28m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 2.69% (8.15m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 2.31% (6.98m shares)
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