MEG vs. CPG, SCR, PSK, WCP, ERF, POU, BTE, PEY, ATH, and NVA
Should you be buying MEG Energy stock or one of its competitors? The main competitors of MEG Energy include Crescent Point Energy (CPG), Strathcona Resources (SCR), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Athabasca Oil (ATH), and NuVista Energy (NVA). These companies are all part of the "oil & gas e&p" industry.
MEG Energy (TSE:MEG) and Crescent Point Energy (TSE:CPG) are both mid-cap energy companies, but which is the better stock? We will contrast the two companies based on the strength of their community ranking, dividends, earnings, valuation, institutional ownership, risk, analyst recommendations, media sentiment and profitability.
MEG Energy has a beta of 3.16, indicating that its stock price is 216% more volatile than the S&P 500. Comparatively, Crescent Point Energy has a beta of 2.86, indicating that its stock price is 186% more volatile than the S&P 500.
Crescent Point Energy has lower revenue, but higher earnings than MEG Energy. Crescent Point Energy is trading at a lower price-to-earnings ratio than MEG Energy, indicating that it is currently the more affordable of the two stocks.
In the previous week, MEG Energy had 10 more articles in the media than Crescent Point Energy. MarketBeat recorded 15 mentions for MEG Energy and 5 mentions for Crescent Point Energy. Crescent Point Energy's average media sentiment score of 0.82 beat MEG Energy's score of 0.10 indicating that Crescent Point Energy is being referred to more favorably in the news media.
MEG Energy presently has a consensus target price of C$33.09, indicating a potential upside of 7.54%. Crescent Point Energy has a consensus target price of C$14.55, indicating a potential upside of 22.99%. Given Crescent Point Energy's stronger consensus rating and higher possible upside, analysts plainly believe Crescent Point Energy is more favorable than MEG Energy.
Crescent Point Energy received 513 more outperform votes than MEG Energy when rated by MarketBeat users. Likewise, 74.52% of users gave Crescent Point Energy an outperform vote while only 57.02% of users gave MEG Energy an outperform vote.
42.0% of MEG Energy shares are held by institutional investors. Comparatively, 47.2% of Crescent Point Energy shares are held by institutional investors. 0.6% of MEG Energy shares are held by company insiders. Comparatively, 0.2% of Crescent Point Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Crescent Point Energy has a net margin of 17.88% compared to MEG Energy's net margin of 10.06%. MEG Energy's return on equity of 12.77% beat Crescent Point Energy's return on equity.
Summary
Crescent Point Energy beats MEG Energy on 10 of the 18 factors compared between the two stocks.
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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.
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.
MEG Energy Competitors List
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