OTCMKTS:MEGEF

MEG Energy Stock Forecast, Price & News

$5.31
-0.08 (-1.48 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$5.31
Now: $5.31
$5.43
50-Day Range
$4.92
MA: $5.47
$6.20
52-Week Range
$1.45
Now: $5.31
$6.44
Volume947 shs
Average Volume83,629 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca region of Alberta, Canada. The company owns a 100% interest in approximately 450 square miles of mineral leases. It is developing 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. It primarily engages in sustainable in situ thermal oil production at its Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.
MEG Energy logo

Industry, Sector and Symbol

Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
Current SymbolOTCMKTS:MEGEF
CUSIPN/A
CIKN/A
Phone403-770-0446
Employees391
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Next Earnings DateN/A
OptionableNot Optionable

Headlines

MEG Energy Corp. (OTCMKTS:MEGEF) Short Interest Update
April 17, 2021 |  americanbankingnews.com
MEG Energy (OTCMKTS:MEGEF) Price Target Raised to $8.00
April 15, 2021 |  americanbankingnews.com
MEG Energy: Getting Better, Still Cheap
March 28, 2021 |  seekingalpha.com
MEG Energy (OTCMKTS:MEGEF) Upgraded to "Buy" at TD Securities
March 24, 2021 |  americanbankingnews.com
MEG Energy earnings preview: what Wall Street is expecting
March 3, 2021 |  markets.businessinsider.com
News for MEG Energy Corp
January 12, 2021 |  markets.businessinsider.com
Insiders do some contrarian buying at MEG Energy
November 6, 2020 |  theglobeandmail.com
Meg Energy Corp (MEGEF)
October 20, 2020 |  nasdaq.com
MEG Energy: Buy The Earnings Dip
July 29, 2020 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.43 out of 5 stars

Energy Sector

14th out of 173 stocks

Oil & Gas E&P Industry

8th out of 88 stocks

Analyst Opinion: 4.2Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
$5.31
-0.08 (-1.48 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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MEG Energy (OTCMKTS:MEGEF) Frequently Asked Questions

Is MEG Energy a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MEG Energy stock. 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 analyst ratings for MEG Energy
or view top-rated stocks.

What stocks does MarketBeat like better than MEG Energy?

Wall Street analysts have given MEG Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MEG Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting MEG Energy?

MEG Energy saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,766,100 shares, a decline of 39.0% from the March 15th total of 2,893,900 shares. Based on an average trading volume of 177,500 shares, the days-to-cover ratio is presently 9.9 days.
View MEG Energy's Short Interest
.

How has MEG Energy's stock been impacted by COVID-19 (Coronavirus)?

MEG Energy's stock was trading at $1.9710 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MEGEF stock has increased by 169.4% and is now trading at $5.31.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for MEGEF?

11 brokerages have issued twelve-month target prices for MEG Energy's shares. Their forecasts range from $3.00 to $10.00. On average, they anticipate MEG Energy's share price to reach $7.13 in the next year. This suggests a possible upside of 34.2% from the stock's current price.
View analysts' price targets for MEG Energy
or view top-rated stocks among Wall Street analysts.

Who are MEG Energy's key executives?

MEG Energy's management team includes the following people:
  • Mr. Derek W. Evans B.Sc., P. Eng., Pres, CEO & Director (Age 64, Pay $1.37M)
  • Mr. Eric Lloyd Toews CPA, CA, Chief Financial Officer
  • Mr. Chi-Tak Yee, Chief Operating Officer
  • Ms. Helen Kelly MBA, Director of Investor Relations
  • Mr. Lyle S. Yuzdepski, Sr. VP of Legal, Gen. Counsel & Corp. Sec.
  • Mr. David Michael Granger, VP HR

Who are some of MEG Energy's key competitors?

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 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 $5.31.

How many employees does MEG Energy have?

MEG Energy employs 391 workers across the globe.

What is MEG Energy's official website?

The official website for MEG Energy is www.megenergy.com.

How can I contact MEG Energy?

The company can be reached via phone at 403-770-0446.


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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