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MEG Energy (MEG) Competitors

C$27.91
+0.41 (+1.49%)
(As of 07/26/2024 ET)

MEG vs. GFL, STN, NVEI, CHR, DHX, BRAG, LGC, AAN, SPN, and SYI

Should you be buying MEG Energy stock or one of its competitors? The main competitors of MEG Energy include GFL Environmental (GFL), Stantec (STN), Nuvei (NVEI), Chorus Aviation (CHR), Wild Brain. (DHX), Bragg Gaming Group (BRAG), Lavras Gold (LGC), Aton Resources (AAN), Snipp Interactive (SPN), and Silvermet (SYI). These companies are all part of the "business services" industry.

MEG Energy vs.

MEG Energy (TSE:MEG) and GFL Environmental (TSE:GFL) are both energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, earnings, media sentiment, analyst recommendations, dividends, valuation, profitability, institutional ownership and community ranking.

MEG Energy currently has a consensus target price of C$33.08, suggesting a potential upside of 18.83%. Given MEG Energy's stronger consensus rating and higher probable upside, analysts clearly believe MEG Energy is more favorable than GFL Environmental.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MEG Energy
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.45
GFL Environmental
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

MEG Energy received 400 more outperform votes than GFL Environmental when rated by MarketBeat users. However, 71.43% of users gave GFL Environmental an outperform vote while only 56.77% of users gave MEG Energy an outperform vote.

CompanyUnderperformOutperform
MEG EnergyOutperform Votes
415
56.77%
Underperform Votes
316
43.23%
GFL EnvironmentalOutperform Votes
15
71.43%
Underperform Votes
6
28.57%

MEG Energy has a beta of 3.12, indicating that its share price is 212% more volatile than the S&P 500. Comparatively, GFL Environmental has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500.

In the previous week, MEG Energy had 6 more articles in the media than GFL Environmental. MarketBeat recorded 8 mentions for MEG Energy and 2 mentions for GFL Environmental. MEG Energy's average media sentiment score of 0.61 beat GFL Environmental's score of -0.42 indicating that MEG Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MEG Energy
2 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
GFL Environmental
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

MEG Energy has higher earnings, but lower revenue than GFL Environmental.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MEG EnergyC$5.54B1.37C$586MC$2.0613.55
GFL EnvironmentalC$7.52B2.54C$91.20MN/AN/A

41.4% of MEG Energy shares are held by institutional investors. Comparatively, 82.3% of GFL Environmental shares are held by institutional investors. 0.3% of MEG Energy shares are held by insiders. Comparatively, 3.1% of GFL Environmental shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

MEG Energy has a net margin of 10.58% compared to GFL Environmental's net margin of 1.22%. MEG Energy's return on equity of 13.20% beat GFL Environmental's return on equity.

Company Net Margins Return on Equity Return on Assets
MEG Energy10.58% 13.20% 8.47%
GFL Environmental 1.22%1.02%1.16%

Summary

MEG Energy beats GFL Environmental on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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.
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MEG vs. The Competition

MetricMEG EnergyOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$7.61BC$1.18BC$3.66BC$5.49B
Dividend Yield3.14%7.75%7.07%5.96%
P/E Ratio13.55286.48205.9224.30
Price / Sales1.3727,343.3719,577.051,611.58
Price / Cash29.3883.2966.8779.93
Price / Book1.691.391.503.50
Net IncomeC$586MC$116.37MC$422.58MC$286.95M
7 Day Performance0.47%0.12%0.20%0.76%
1 Month Performance-3.33%7.44%5.73%5.71%
1 Year Performance17.32%2.10%11.36%27.51%

MEG Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GFL
GFL Environmental
0 of 5 stars
0.00 / 5 stars
C$53.42
-0.4%
N/A+9.7%C$19.48BC$7.52B-344.9219,500Upcoming Earnings
News Coverage
STN
Stantec
1.3832 of 5 stars
1.38 / 5 stars
C$117.18
-0.9%
C$120.85
+3.1%
+33.1%C$13.37BC$5.21B37.9226,000Analyst Forecast
News Coverage
NVEI
Nuvei
0 of 5 stars
0.00 / 5 stars
C$45.06
-0.2%
N/A+6.8%C$2.88BC$1.27B-901.201,370
CHR
Chorus Aviation
1.8055 of 5 stars
1.81 / 5 stars
C$2.67
-1.8%
C$3.06
+14.4%
-15.0%C$514.03MC$1.69B12.14160
DHX
Wild Brain.
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$201.32MC$448.02M-1.76530
BRAG
Bragg Gaming Group
0 of 5 stars
0.00 / 5 stars
C$7.59
-0.5%
N/A+28.1%C$176.24MC$94.47M-22.32290News Coverage
LGC
Lavras Gold
0 of 5 stars
0.00 / 5 stars
C$2.07
+3.5%
N/A+760.9%C$106.29MN/A-41.4060Gap Up
AAN
Aton Resources
2.1909 of 5 stars
2.19 / 5 stars
C$0.22
+10.0%
C$0.62
+181.8%
-11.1%C$28.04MN/A-1.3810,100News Coverage
Positive News
Gap Up
SPN
Snipp Interactive
0 of 5 stars
0.00 / 5 stars
C$0.09
-5.3%
N/A-34.6%C$25.75MC$30.55M-9.005,200Gap Down
SYI
Silvermet
0 of 5 stars
0.00 / 5 stars
C$0.12
+4.3%
N/A+0.0%C$17.05MN/A0.0059

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This page (TSE:MEG) was last updated on 7/26/2024 by MarketBeat.com Staff

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