OTCMKTS:MEGEF MEG Energy (MEGEF) Stock Price, News & Analysis → $5,000 Gold? (From Stansberry Research) (Ad) Free MEGEF Stock Alerts $21.99 -0.75 (-3.30%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$21.93▼$22.6450-Day Range$19.89▼$24.5352-Week Range$14.44▼$24.59Volume131,258 shsAverage Volume253,459 shsMarket CapitalizationN/AP/E RatioN/ADividend YieldN/APrice Target$10.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartHeadlinesShort Interest Get MEG Energy alerts: Email Address MEG Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.5% Downside$10.67 Price TargetShort InterestBearishDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.23 out of 5 stars 1.5 Analyst's Opinion Consensus RatingMEG Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMEG Energy has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverMEG Energy has a short interest ratio ("days to cover") of 19, which indicates bearish sentiment.Change versus previous monthShort interest in MEG Energy has recently decreased by 8.56%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMEG Energy does not currently pay a dividend.Dividend GrowthMEG Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEGEF. Previous Next 2.5 News and Social Media Coverage News SentimentMEG Energy has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for MEG Energy this week, compared to 0 articles on an average week.Search Interest1 people have searched for MEGEF on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MEG Energy insiders have not sold or bought any company stock.Percentage Held by Institutions50.51% of the stock of MEG Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MEG Energy is -47.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of MEG Energy is -47.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchUrgent dollar warningYour 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.Find out for free here. About MEG Energy Stock (OTCMKTS:MEGEF)MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project 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. The company was incorporated in 1999 and is headquartered in Calgary, Canada.Read More MEGEF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MEGEF Stock News HeadlinesApril 30, 2024 | msn.comTrans Mountain expansion set to start operating as regulator OKs final permitsApril 27, 2024 | markets.businessinsider.comMEG Energy (MEGEF) Receives a Rating Update from a Top AnalystMay 2, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.April 21, 2024 | msn.comMeg Bennett, “Young and the Restless” Actress and “General Hospital” Writer, Dead at 75April 19, 2024 | seekingalpha.comMEG Energy: Impacts Of The New Royalty Regime - Trans Mountain Expansion, Increased PayoutsApril 15, 2024 | finance.yahoo.comMEG Energy Announces First Quarter of 2024 Results and Conference CallApril 15, 2024 | finance.yahoo.comMEG Energy (TSE:MEG) Is Doing The Right Things To Multiply Its Share PriceMarch 25, 2024 | finance.yahoo.comInvestors in MEG Energy (TSE:MEG) have seen incredible returns of 474% over the past five yearsMay 2, 2024 | Stansberry Research (Ad)The Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.March 17, 2024 | ca.finance.yahoo.comMEG Energy Corp. (MEGEF)March 14, 2024 | yahoo.comGrey's Anatomy 's Meg Marinis Joined the Show Right Out of College in 2006. Now She's Showrunner.March 3, 2024 | finance.yahoo.comMEG Energy Corp. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowMarch 1, 2024 | theglobeandmail.comMEG Energy promotes COO Darlene Gates to chief executiveFebruary 29, 2024 | finance.yahoo.comMEG Energy announces 2023 financial and operating resultsFebruary 29, 2024 | finance.yahoo.comMEG Energy announces President & Chief Executive Officer SuccessionFebruary 27, 2024 | msn.comTrans Mountain pipeline project cost estimate raised by another $3.1BJanuary 27, 2024 | yahoo.comFans Think Meg Thee Stallion’s New Song Renewed Feud With Nicki MinajJanuary 21, 2024 | news.yahoo.comMegalodon not quite as mega as scientists and ‘The Meg’ filmmakers thought: new studyDecember 8, 2023 | realmoney.thestreet.comMEG Energy downgraded to Neutral from Overweight at JPMorganDecember 8, 2023 | realmoney.thestreet.comMEG Energy just downgraded at JPMorgan, here's whyNovember 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Diamondback (FANG) and MEG Energy (OtherMEGEF)November 7, 2023 | markets.businessinsider.comMEG Energy’s Promising Financial Performance and Future Prospects: Buy Rating JustifiedNovember 6, 2023 | finance.yahoo.comMEG Energy Corp. (TSE:MEG) Shares Could Be 38% Below Their Intrinsic Value EstimateNovember 1, 2023 | msn.comMEG Energy (MEGEF) Price Target Increased by 11.29% to 21.99October 23, 2023 | finance.yahoo.comMEG Energy Announces Third Quarter of 2023 Results and Conference CallOctober 12, 2023 | markets.businessinsider.comMEG Energy Corp hosts conference call for investorsOctober 10, 2023 | msn.comMEG Energy: A Lot Of Positives, But They May Already Be Priced InSee More Headlines Receive MEGEF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MEG Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeOTCMKTS SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolOTCMKTS:MEGEF CUSIPN/A CIKN/A Webwww.megenergy.com Phone(403) 770-0446FaxN/AEmployees449Year FoundedN/APrice Target and Rating Average Stock Price Target$10.67 High Stock Price Target$13.00 Low Stock Price Target$9.00 Potential Upside/Downside-51.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Derek W. Evans B.Sc. (Age 67)P. Eng., President, CEO & Director Comp: $1.28MMr. Ryan M. Kubik C.A. (Age 56)CPA, CFA, CFO & Head of IR Group Comp: $724.68kMs. Darlene M. Gates (Age 53)Chief Operating Officer Comp: $817.08kMr. Lyle S. YuzdepskiSenior VP of Legal, General Counsel & Corporate SecretaryMr. Thomas R. GearVice President of OperationsMr. David Michael GrangerSenior Vice President of Human ResourcesMore ExecutivesKey Competitors88 EnergyOTCMKTS:EEENFAfentraOTCMKTS:STGAFAfrica EnergyOTCMKTS:HPMCFAker BP ASAOTCMKTS:AKRBFArkanova EnergyOTCMKTS:AKVAView All Competitors MEGEF Stock Analysis - Frequently Asked Questions Should I buy or sell MEG Energy stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MEGEF shares. View MEGEF analyst ratings or view top-rated stocks. What is MEG Energy's stock price target for 2024? 2 Wall Street research analysts have issued twelve-month price objectives for MEG Energy's shares. Their MEGEF share price targets range from $9.00 to $13.00. On average, they expect the company's share price to reach $10.67 in the next year. This suggests that the stock has a possible downside of 51.5%. View analysts price targets for MEGEF or view top-rated stocks among Wall Street analysts. How have MEGEF shares performed in 2024? MEG Energy's stock was trading at $17.92 at the beginning of the year. Since then, MEGEF stock has increased by 22.7% and is now trading at $21.99. View the best growth stocks for 2024 here. Are investors shorting MEG Energy? MEG Energy saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,765,500 shares, a decrease of 29.8% from the March 15th total of 8,207,800 shares. Based on an average daily trading volume, of 180,000 shares, the days-to-cover ratio is presently 32.0 days. View MEG Energy's Short Interest. How do I buy shares of MEG Energy? Shares of MEGEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (OTCMKTS:MEGEF) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersAI finds its first serious applicationWall Street StarHave You Seen Elon’s New A.I. Device? 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