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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Top 10 Searched Stocks on MarketBeat All-Access
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
3 Dividend Kings With Royally Good Upside
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Top 10 Searched Stocks on MarketBeat All-Access
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
3 Dividend Kings With Royally Good Upside
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Top 10 Searched Stocks on MarketBeat All-Access
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
3 Dividend Kings With Royally Good Upside
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
OTCMKTS:MEGEF

MEG Energy - MEGEF Stock Forecast, Price & News

$12.95
-0.16 (-1.22%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$12.81
▼
$13.39
50-Day Range
$11.19
▼
$15.50
52-Week Range
$7.80
▼
$19.90
Volume
86,505 shs
Average Volume
155,029 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.29
MEGEF stock logo

About MEG Energy (OTCMKTS:MEGEF) Stock

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. The company transports and sells thermal oil to refiners in North America and internationally. As of December 31, 2021, it had approximately 2.0 billion barrels of gross proved plus probable bitumen reserves at the Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.

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MEGEF Stock News Headlines

December 5, 2022 | americanbankingnews.com
JPMorgan Chase & Co. Upgrades MEG Energy (OTCMKTS:MEGEF) to Overweight
November 28, 2022 | finance.yahoo.com
MEG Energy announces 2023 Capital Investment Plan and Operational Guidance
December 8, 2022 | Investing Trends (Ad)
How High Can Copper Go?
To power the green revolution, copper demand continues to skyrocket with no end in sight. Prices hit a 10-year high; as copper jumped 79% in the past year. Some analysts are calling for copper to rise another 50-100%! We may be at the beginning of a copper bull run the likes we've never seen before. Just how high can copper go?
November 10, 2022 | seekingalpha.com
MEG Energy Corp. (MEGEF) Q3 2022 Earnings Call Transcript
October 20, 2022 | finance.yahoo.com
MEG Energy Announces Third Quarter of 2022 Results and Conference Call
October 17, 2022 | seekingalpha.com
MEG Energy: The WCS Differential Should Recover
September 30, 2022 | markets.businessinsider.com
Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Caterpillar (CAT) and Siemens Energy (OtherSMEGF)
July 30, 2022 | seekingalpha.com
MEG Energy Corp. (MEGEF) CEO Derek Evans on Q2 2022 Results - Earnings Call Transcript
December 8, 2022 | Investing Trends (Ad)
How High Can Copper Go?
To power the green revolution, copper demand continues to skyrocket with no end in sight. Prices hit a 10-year high; as copper jumped 79% in the past year. Some analysts are calling for copper to rise another 50-100%! We may be at the beginning of a copper bull run the likes we've never seen before. Just how high can copper go?
July 30, 2022 | finance.yahoo.com
Do MEG Energy's (TSE:MEG) Earnings Warrant Your Attention?
July 30, 2022 | seekingalpha.com
Meg Energy reports Q2 results
July 29, 2022 | seekingalpha.com
Top Canada oil execs push back against Trudeau's 'unrealistic' emissions plan
July 19, 2022 | morningstar.com
MEG Energy Corp - Stock Quote MEGEF
July 7, 2022 | finance.yahoo.com
Is Weakness In MEG Energy Corp. (TSE:MEG) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
July 4, 2022 | finance.yahoo.com
MEG Energy Announces Changes to Board of Directors
June 29, 2022 | finance.yahoo.com
MEG Energy announces operational update, continued debt repayment, inaugural share repurchases and renewal of credit facilities
June 16, 2022 | finance.yahoo.com
MEG Energy Announces New Chief Financial Officer
May 31, 2022 | seekingalpha.com
MEG Energy - brink of bankruptcy to buyback in record time
May 31, 2022 | finance.yahoo.com
MEG Energy Announces Initiation of Share Buyback Program
May 8, 2022 | finance.yahoo.com
The MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Sales Forecasts
May 5, 2022 | finance.yahoo.com
Are Investors Undervaluing MEG Energy Corp. (TSE:MEG) By 26%?
May 4, 2022 | finance.yahoo.com
Why MEG Energy Shares Are Trading Higher Today
May 3, 2022 | seekingalpha.com
MEG Energy Corp. (MEGEF) CEO Derek Evans on Q1 2022 Results - Earnings Call Transcript
May 2, 2022 | ca.investing.com
MEG Energy Corp Earnings beat, Revenue misses In Q1
May 2, 2022 | finance.yahoo.com
MEG Energy announces record first quarter operational and financial results and updated capital allocation strategy
March 16, 2022 | finance.yahoo.com
MEG Energy Announces Pending Retirement of Chief Financial Officer
March 14, 2022 | finance.yahoo.com
New Forecasts: Here's What Analysts Think The Future Holds For MEG Energy Corp. (TSE:MEG)
See More Headlines
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MEGEF Company Calendar

Today
12/08/2022
Next Earnings (Estimated)
3/01/2023
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
$23.29
High Stock Price Forecast
$26.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+79.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 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

  • Mr. Derek W. Evans B.Sc. (Age 65)
    P. Eng., Pres, CEO & Director
    Comp: $1.25M
  • Ms. Darlene M. Gates
    Chief Operating Officer
  • Mr. Lyle S. Yuzdepski
    Sr. VP of Legal, Gen. Counsel & Corp. Sec.
  • Mr. Ryan M. Kubik C.A. (Age 54)
    CA, CFA, Chief Financial Officer
  • Ms. Helen Kelly MBA
    Director of Investor Relations
  • Mr. David Michael Granger
    VP HR

Key Competitors

View All Competitors













MEGEF Stock - Frequently Asked Questions

Should I buy or sell MEG Energy stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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?

6 brokerages have issued 1-year price objectives for MEG Energy's shares. Their MEGEF share price forecasts range from $21.00 to $26.00. On average, they predict the company's share price to reach $23.29 in the next twelve months. This suggests a possible upside of 79.8% 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 2022?

MEG Energy's stock was trading at $9.24 at the beginning of the year. Since then, MEGEF shares have increased by 40.1% and is now trading at $12.9482.
View the best growth stocks for 2022 here.

Are investors shorting MEG Energy?

MEG Energy saw a increase in short interest in October. As of October 31st, there was short interest totaling 4,764,000 shares, an increase of 24.9% from the October 15th total of 3,815,600 shares. Based on an average daily trading volume, of 273,100 shares, the days-to-cover ratio is currently 17.4 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 Wednesday, March 1st 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 $12.95.

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 12/8/2022 by MarketBeat.com Staff