MEG Energy (MEG) Competitors

C$31.63
+0.39 (+1.25%)
(As of 01:57 PM ET)

MEG vs. CPG, SCR, PSK, WCP, ERF, POU, BTE, ATH, PEY, and VET

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), Athabasca Oil (ATH), Peyto Exploration & Development (PEY), and Vermilion Energy (VET). These companies are all part of the "oil & gas e&p" industry.

MEG Energy vs.

Crescent Point Energy (TSE:CPG) and MEG Energy (TSE:MEG) are both mid-cap energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, media sentiment, valuation, community ranking, risk and analyst recommendations.

Crescent Point Energy has higher earnings, but lower revenue 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Crescent Point EnergyC$3.19B2.34C$799.40MC$1.468.25
MEG EnergyC$5.65B1.53C$569MC$1.9816.02

In the previous week, Crescent Point Energy had 5 more articles in the media than MEG Energy. MarketBeat recorded 15 mentions for Crescent Point Energy and 10 mentions for MEG Energy. MEG Energy's average media sentiment score of 1.03 beat Crescent Point Energy's score of 0.38 indicating that Crescent Point Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Crescent Point Energy
7 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
MEG Energy
0 Very Positive mention(s)
5 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Crescent Point Energy received 511 more outperform votes than MEG Energy when rated by MarketBeat users. Likewise, 74.54% of users gave Crescent Point Energy an outperform vote while only 57.02% of users gave MEG Energy an outperform vote.

CompanyUnderperformOutperform
Crescent Point EnergyOutperform Votes
925
74.54%
Underperform Votes
316
25.46%
MEG EnergyOutperform Votes
414
57.02%
Underperform Votes
312
42.98%

Crescent Point Energy has a net margin of 17.88% compared to Crescent Point Energy's net margin of 10.06%. Crescent Point Energy's return on equity of 12.77% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Crescent Point Energy17.88% 11.97% 6.84%
MEG Energy 10.06%12.77%7.94%

Crescent Point Energy has a beta of 2.86, indicating that its share price is 186% more volatile than the S&P 500. Comparatively, MEG Energy has a beta of 3.16, indicating that its share price is 216% more volatile than the S&P 500.

Crescent Point Energy currently has a consensus target price of C$14.25, indicating a potential upside of 19.25%. MEG Energy has a consensus target price of C$33.09, indicating a potential upside of 4.62%. Given MEG Energy's stronger consensus rating and higher possible upside, research analysts clearly believe Crescent Point Energy is more favorable than MEG Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Crescent Point Energy
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00
MEG Energy
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.30

47.2% of Crescent Point Energy shares are held by institutional investors. Comparatively, 42.0% of MEG Energy shares are held by institutional investors. 0.2% of Crescent Point Energy shares are held by company insiders. Comparatively, 0.6% of MEG Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Crescent Point Energy beats MEG Energy on 11 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$8.63BC$1.59BC$3.95BC$4.73B
Dividend Yield3.14%8.41%7.50%6.83%
P/E Ratio16.02104.81100.9425.57
Price / Sales1.5333,111.4923,554.161,434.27
Price / Cash29.3882.9866.4172.72
Price / Book1.921.321.433.07
Net IncomeC$569MC$137.22MC$492.13MC$284.98M
7 Day Performance-0.66%0.04%-0.14%0.45%
1 Month Performance3.56%4.41%3.47%14.34%
1 Year Performance39.06%12.17%19.36%20.24%

MEG Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CPG
Crescent Point Energy
3.8338 of 5 stars
C$11.81
+0.7%
C$13.86
+17.4%
+19.4%C$7.32BC$3.19B8.09777Analyst Report
Analyst Revision
News Coverage
Positive News
SCR
Strathcona Resources
0.2846 of 5 stars
C$32.60
+0.6%
C$34.57
+6.0%
N/AC$6.98BC$4.31B-14.86193Analyst Report
PSK
PrairieSky Royalty
2.9095 of 5 stars
C$27.67
+0.9%
C$26.50
-4.2%
+31.5%C$6.61BC$479.60M29.1365Analyst Downgrade
News Coverage
WCP
Whitecap Resources
3.9924 of 5 stars
C$10.49
flat
C$13.35
+27.3%
-3.3%C$6.27BC$3.23B7.18542Upcoming Earnings
Analyst Report
News Coverage
ERF
Enerplus
1.5277 of 5 stars
C$28.14
-0.2%
C$23.67
-15.9%
+39.0%C$5.72BC$1.53B9.91404Analyst Revision
Positive News
POU
Paramount Resources
3.8365 of 5 stars
C$28.95
flat
C$33.90
+17.1%
-7.5%C$4.18BC$1.80B9.13579Analyst Report
BTE
Baytex Energy
3.6952 of 5 stars
C$5.05
+0.2%
C$6.40
+26.7%
-1.4%C$4.15BC$2.71B-15.30231Analyst Report
Analyst Revision
News Coverage
ATH
Athabasca Oil
1.2475 of 5 stars
C$5.17
+1.0%
C$6.00
+16.1%
+47.5%C$2.93BC$1.20B-57.44170Analyst Downgrade
PEY
Peyto Exploration & Development
0.6509 of 5 stars
C$14.68
-2.7%
C$16.11
+9.8%
+21.2%C$2.84BC$945.51M9.0653Analyst Report
VET
Vermilion Energy
3.5418 of 5 stars
C$16.66
+0.8%
C$21.85
+31.1%
-7.4%C$2.70BC$1.83B-11.49740Analyst Revision
Positive News

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This page (TSE:MEG) was last updated on 4/23/2024 by MarketBeat.com Staff

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