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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
OTCMKTS:MEGEF

MEG Energy (MEGEF) Stock Forecast, Price & News

$16.37
+0.18 (+1.11%)
(As of 06/6/2023 ET)
Compare
Today's Range
$15.89
▼
$16.37
50-Day Range
$14.75
▼
$17.63
52-Week Range
$10.10
▼
$19.90
Volume
27,626 shs
Average Volume
68,654 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.14
ProfileAnalyst RatingsChartCompetitorsHeadlinesShort Interest

MEG Energy MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
47.5% Upside
$24.14 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.30 out of 5 stars

See Top Rated MarketRank™ Stocks Here

MEGEF stock logo

About MEG Energy (OTCMKTS:MEGEF) Stock

MEG Energy Corp. engages in the production of in situ thermal oil. Its projects include Cristina Lake and Surmont. The company was founded by William J. McCaffrey, Steve Turner and David J. Wizinsky on March 9, 1999 and is headquartered in Calgary, Canada.

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MEGEF Stock News Headlines

May 26, 2023 | msn.com
MEG Energy Corp Closes Up +2.67% on May 26th
May 25, 2023 | msn.com
MEG Energy Corp Down 2.47% on Thursday
June 7, 2023 | Edge On The Street (Ad)
Nevada Desert more Valuable than Wall Street or Silicon Valley?
It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.
May 23, 2023 | americanbankingnews.com
MEG Energy (OTCMKTS:MEGEF) Upgraded to "Outperform" by Scotiabank
May 18, 2023 | finance.yahoo.com
MEG Energy Provides Support to Communities Impacted by Alberta Wildfires through The Canadian Red Cross Alberta Fires Appeal
May 18, 2023 | news.yahoo.com
Meg Foster Returns to ‘Masters of the Universe’ (TV News Roundup)
May 13, 2023 | theglobeandmail.com
Closing Bell: Meg Energy Corp down on Friday (MEG)
May 3, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Utilities Stocks: American Water (AWK) and MEG Energy (OtherMEGEF)
June 7, 2023 | Edge On The Street (Ad)
The $193 Billion US-China War You Don't Know About
They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.
May 3, 2023 | americanbankingnews.com
MEG Energy Corp. (OTCMKTS:MEGEF) Sees Significant Decrease in Short Interest
May 1, 2023 | finance.yahoo.com
MEG Energy Reports 2023 Director Election Voting Results
May 1, 2023 | finance.yahoo.com
MEG Energy announces first quarter 2023 financial and operating results
April 25, 2023 | theglobeandmail.com
Closing Bell: Meg Energy Corp down on Tuesday (MEG)
April 20, 2023 | americanbankingnews.com
MEG Energy (OTCMKTS:MEGEF) PT Raised to C$29.00 at National Bank Financial
April 19, 2023 | americanbankingnews.com
MEG Energy Corp. (OTCMKTS:MEGEF) Sees Large Drop in Short Interest
April 18, 2023 | theglobeandmail.com
Closing Bell: Meg Energy Corp up on Tuesday (MEG)
April 18, 2023 | markets.businessinsider.com
Crew Energy (CWEGF) Receives a Rating Update from a Top Analyst
April 17, 2023 | theglobeandmail.com
Closing Bell: Meg Energy Corp down on Monday (MEG)
April 17, 2023 | markets.businessinsider.com
MEG Energy (MEGEF) Receives a Buy from BMO Capital
April 17, 2023 | finance.yahoo.com
MEG Energy Announces First Quarter of 2023 Results and Conference Call
April 14, 2023 | americanbankingnews.com
MEG Energy (OTCMKTS:MEGEF) Price Target Increased to C$26.00 by Analysts at Scotiabank
April 14, 2023 | americanbankingnews.com
MEG Energy (OTCMKTS:MEGEF) Stock Rating Lowered by Royal Bank of Canada
April 12, 2023 | theglobeandmail.com
Closing Bell: Meg Energy Corp down on Wednesday (MEG)
February 27, 2023 | ca.finance.yahoo.com
MEG Energy earns $159M in Q4; high oil prices offset by WCS differential
February 27, 2023 | marketwatch.com
MEG Energy Sees Higher Bitumen Output in 2023 -- Energy Comment
February 27, 2023 | finance.yahoo.com
MEG Energy announces 2022 financial and operating results
January 27, 2023 | markets.businessinsider.com
Analysts Have Conflicting Sentiments on These Utilities Companies: MEG Energy (OtherMEGEF) and Origin Energy Limited (OtherOGFGF)
See More Headlines

MEGEF Price History

MEGEF Company Calendar

Today
6/07/2023
Next Earnings (Estimated)
7/27/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Oil & Gas E & P
Sub-Industry
N/A
Sector
Oils/Energy
Current Symbol
OTCMKTS:MEGEF
CUSIP
N/A
CIK
N/A
Web
www.megenergy.com
Phone
(403) 770-0446
Fax
N/A
Employees
411
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$24.14
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+47.5%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Derek Watson Evans
    President, Chief Executive Officer & Director
  • Darlene M. Gates
    Chief Operating Officer
  • Ryan M. Kubik
    Chief Financial Officer
  • Chi-Tak Yee
    Chief Technology Officer
  • Dave Granger
    Senior Vice President-Human Resources

Key Competitors

View All Competitors













MEGEF Stock - Frequently Asked Questions

Should I buy or sell MEG Energy stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MEGEF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEGEF, but not buy additional shares or sell existing shares.
View MEGEF analyst ratings or view top-rated stocks.

What is MEG Energy's stock price forecast for 2023?

5 analysts have issued 1 year price objectives for MEG Energy's shares. Their MEGEF share price forecasts range from $20.00 to $29.00. On average, they expect the company's share price to reach $24.14 in the next year. This suggests a possible upside of 47.5% from the stock's current price.
View analysts price targets for MEGEF or view top-rated stocks among Wall Street analysts.

How have MEGEF shares performed in 2023?

MEG Energy's stock was trading at $13.93 at the beginning of the year. Since then, MEGEF shares have increased by 17.5% and is now trading at $16.3680.
View the best growth stocks for 2023 here.

Are investors shorting MEG Energy?

MEG Energy saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,999,300 shares, an increase of 55.1% from the April 30th total of 1,933,800 shares. Based on an average daily volume of 86,400 shares, the short-interest ratio is presently 34.7 days.
View MEG Energy's Short Interest.

When is MEG Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our MEGEF earnings forecast.

What is MEG Energy's stock symbol?

MEG Energy trades on the OTCMKTS under the ticker symbol "MEGEF."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MEG Energy's stock price today?

One share of MEGEF stock can currently be purchased for approximately $16.37.

How many employees does MEG Energy have?

The company employs 411 workers across the globe.

How can I contact MEG Energy?

MEG Energy's mailing address is 3rd Avenue SW, Calgary, AB T2P. The official website for the company is www.megenergy.com. The company can be reached via phone at (403) 770-0446.

This page (OTCMKTS:MEGEF) was last updated on 6/7/2023 by MarketBeat.com Staff

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