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MEG Energy (MEG) Competitors

C$30.35
+0.79 (+2.67%)
(As of 05/28/2024 ET)

MEG vs. SCR, CPG, WCP, PSK, ERF, POU, BTE, PEY, ATH, and VET

Should you be buying MEG Energy stock or one of its competitors? The main competitors of MEG Energy include Strathcona Resources (SCR), Crescent Point Energy (CPG), Whitecap Resources (WCP), PrairieSky Royalty (PSK), Enerplus (ERF), Paramount Resources (POU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Athabasca Oil (ATH), and Vermilion Energy (VET). These companies are all part of the "oil & gas e&p" industry.

MEG Energy vs.

Strathcona Resources (TSE:SCR) and MEG Energy (TSE:MEG) are both mid-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their community ranking, institutional ownership, dividends, valuation, media sentiment, earnings, risk, analyst recommendations and profitability.

Strathcona Resources has a net margin of 13.85% compared to Strathcona Resources' net margin of 10.58%. Strathcona Resources' return on equity of 13.20% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Strathcona Resources13.85% 12.32% 6.81%
MEG Energy 10.58%13.20%8.47%

MEG Energy received 308 more outperform votes than Strathcona Resources when rated by MarketBeat users. However, 64.24% of users gave Strathcona Resources an outperform vote while only 56.95% of users gave MEG Energy an outperform vote.

CompanyUnderperformOutperform
Strathcona ResourcesOutperform Votes
106
64.24%
Underperform Votes
59
35.76%
MEG EnergyOutperform Votes
414
56.95%
Underperform Votes
313
43.05%

In the previous week, MEG Energy had 2 more articles in the media than Strathcona Resources. MarketBeat recorded 2 mentions for MEG Energy and 0 mentions for Strathcona Resources. Strathcona Resources' average media sentiment score of 0.71 beat MEG Energy's score of 0.00 indicating that MEG Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Strathcona Resources Neutral
MEG Energy Positive

2.9% of Strathcona Resources shares are owned by institutional investors. Comparatively, 41.4% of MEG Energy shares are owned by institutional investors. 91.8% of Strathcona Resources shares are owned by insiders. Comparatively, 0.3% of MEG Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Strathcona Resources has higher earnings, but lower revenue than MEG Energy. Strathcona Resources is trading at a lower price-to-earnings ratio than MEG Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Strathcona ResourcesC$4.24B1.75C$587.20M-C$2.19-15.82
MEG EnergyC$5.54B1.49C$586MC$2.0614.73

Strathcona Resources presently has a consensus target price of C$34.57, suggesting a potential downside of 0.37%. MEG Energy has a consensus target price of C$33.09, suggesting a potential upside of 9.03%. Given Strathcona Resources' stronger consensus rating and higher probable upside, analysts plainly believe MEG Energy is more favorable than Strathcona Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Strathcona Resources
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
MEG Energy
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.30

Summary

MEG Energy beats Strathcona Resources on 12 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MEG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MEG vs. The Competition

MetricMEG EnergyOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$8.27BC$1.62BC$4.00BC$4.93B
Dividend Yield3.14%7.78%7.09%6.19%
P/E Ratio14.73273.31200.6425.64
Price / Sales1.4927,823.9520,054.692,571.45
Price / Cash29.3883.2266.4277.75
Price / Book1.831.521.603.89
Net IncomeC$586MC$119.23MC$424.16MC$276.24M
7 Day Performance3.20%1.44%1.27%-0.02%
1 Month Performance-6.70%0.62%1.83%1.71%
1 Year Performance41.43%7.97%19.53%27.03%

MEG Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SCR
Strathcona Resources
0 of 5 stars
C$35.46
+1.2%
C$34.57
-2.5%
N/AC$7.60BC$4.24B-16.16193High Trading Volume
CPG
Crescent Point Energy
4.1893 of 5 stars
C$11.79
+0.2%
C$14.80
+25.5%
+29.5%C$7.31BC$3.19B8.08777Positive News
WCP
Whitecap Resources
4.0658 of 5 stars
C$10.43
-0.5%
C$13.56
+30.0%
+10.7%C$6.24BC$3.23B9.23542Positive News
PSK
PrairieSky Royalty
0 of 5 stars
C$26.00
+1.0%
C$27.30
+5.0%
+15.1%C$6.21BC$475.60M28.5765High Trading Volume
ERF
Enerplus
1.7669 of 5 stars
C$27.59
+1.4%
C$24.36
-11.7%
+40.3%C$5.64BC$1.48B11.22404
POU
Paramount Resources
2.5415 of 5 stars
C$32.30
+0.2%
C$35.80
+10.8%
+10.7%C$4.72BC$1.71B14.04579Insider Selling
BTE
Baytex Energy
3.1299 of 5 stars
C$4.73
-0.4%
C$6.48
+36.9%
+11.3%C$3.89BC$3.03B-10.75231Positive News
PEY
Peyto Exploration & Development
1.7901 of 5 stars
C$15.83
-0.6%
C$16.59
+4.8%
+39.0%C$3.08BC$945.51M9.7753Insider Selling
News Coverage
ATH
Athabasca Oil
1.7492 of 5 stars
C$4.96
+1.0%
C$6.14
+23.8%
+76.3%C$2.77BC$1.21B62.00170
VET
Vermilion Energy
3.2276 of 5 stars
C$16.98
+1.3%
C$21.71
+27.8%
+8.8%C$2.72BC$1.80B-4.49740

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This page (TSE:MEG) was last updated on 5/29/2024 by MarketBeat.com Staff

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