TSE:MEG MEG Energy (MEG) Stock Price, News & Analysis → The Next Step of Their Control Is Here … (From Weiss Ratings) (Ad) Free MEG Stock Alerts C$32.22 -0.06 (-0.19%) (As of 04/26/2024 ET) Add Compare Share Share Today's RangeC$32.00▼C$32.5150-Day RangeC$25.80▼C$33.4352-Week RangeC$19.41▼C$33.70Volume832,225 shsAverage Volume1.81 million shsMarket CapitalizationC$8.77 billionP/E Ratio16.27Dividend Yield3.14%Price TargetC$33.09 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider Trades Get MEG Energy alerts: Email Address MEG Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.30 Rating ScoreUpside/Downside2.7% UpsideC$33.09 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.41Based on 12 Articles This WeekInsider TradingSelling SharesC$8.83 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.20 out of 5 stars 2.2 Analyst's Opinion Consensus RatingMEG Energy has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageMEG Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MEG. Previous Next 0.8 Dividend Strength Dividend YieldMEG Energy pays a meaningful dividend of 3.14%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMEG Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEG. Previous Next 2.4 News and Social Media Coverage News SentimentMEG Energy has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for MEG Energy this week, compared to 3 articles on an average week.Search Interest8 people have searched for MEG on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added MEG Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MEG Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$8,825,336.00 in company stock.Percentage Held by InsidersOnly 0.63% of the stock of MEG Energy is held by insiders.Percentage Held by Institutions41.96% of the stock of MEG Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MEG Energy is 16.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.67.Price to Earnings Ratio vs. SectorThe P/E ratio of MEG Energy is 16.27, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 84.52.Price to Earnings Growth RatioMEG Energy has a PEG Ratio of 0.17. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMEG Energy has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe Next Step of Their Control Is Here …Earlier this week, Section 702 of the Foreign Intelligence Surveillance Act (FISA) was renewed for an additional two years. What does this mean? It means the government has more time — and more ways — to surveil and control you.4 simple steps to protect your privacy and money before it’s too late. About MEG Energy Stock (TSE:MEG)MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. It also transports and sells thermal oil in North America and internationally. The company was incorporated in 1999 and is headquartered in Calgary, Canada.Read More MEG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MEG Stock News HeadlinesApril 26, 2024 | cnn.comSupreme Court hears case about emergency abortion careApril 26, 2024 | msn.comMeg Stalter Is a Chaotic Queer Musician in the New Trailer for Cora BoraApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.April 25, 2024 | americanbankingnews.comMEG Energy Corp. (TSE:MEG) Receives Average Recommendation of "Hold" from BrokeragesApril 23, 2024 | finance.yahoo.comMEG Energy Maintained at Buy at TPH Ahead of First-Quarter Results; Price Target at C$40.00April 23, 2024 | americanbankingnews.comMEG Energy (TSE:MEG) Price Target Raised to C$34.00 at CIBCApril 21, 2024 | msn.comAztecFAST Showcase shows offense still getting up to speed, but making progressApril 21, 2024 | americanbankingnews.comMEG Energy (TSE:MEG) PT Raised to C$37.00 at National BanksharesApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.April 20, 2024 | ft.comWoodside Energy chief defends climate plan ahead of shareholder voteApril 20, 2024 | bizjournals.comHouston-based Hines moves forward on massive Midtown developmentApril 20, 2024 | msn.comWhat Megan Thee Stallion, Barry Keoghan, and Riley Keough Wore This WeekApril 14, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Pembina Pipeline (PBA) and MEG Energy (OtherMEGEF)April 13, 2024 | morningstar.comMEG Energy Corp MEGEFApril 12, 2024 | msn.comMaggie Rogers on ‘Don’t Forget Me,’ the album she wrote for a Sunday driveApril 12, 2024 | msn.comThe 8 Best Filling Snacks for Any CravingApril 11, 2024 | msn.comMSI has a new flagship PC that is absolutely gorgeousApril 11, 2024 | yahoo.comMegan Thee Stallion Shares Her Booty-Burning Workout Routine, Covers ‘Women’s Health’April 11, 2024 | msn.comHow Meg Thee Stallion Gets Herself Out of BedApril 4, 2024 | finance.yahoo.comNAB 2024: Synamedia launches MEG.mini to transform the delivery of video at scale, speed and low costApril 3, 2024 | yahoo.comShonda Rhimes praises ‘Grey’s Anatomy’ for historic Season 21 renewal: ‘I could not be more grateful’April 1, 2024 | msn.comVolunteers uncover fate of thousands of Alaskans sent to Oregon mental hospital a century agoApril 1, 2024 | msn.comSingle Mom Transforms Step Van into Gorgeous RVApril 1, 2024 | foxnews.comRemains of 'Lost Alaskans' sent to Oregon mental hospital a century ago are recovered, returned homeMarch 31, 2024 | msn.comWall Street rally sparks hope, energy in PH investorsMarch 31, 2024 | msn.comGHD keen on entering transport, aviation sectorsMarch 31, 2024 | sports.yahoo.comWomen's Six Nations 2024: John Mitchell says England have the players to play 'three different types of game'See More Headlines Receive MEG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MEG Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Today4/26/2024Next Earnings (Confirmed)5/06/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:MEG CUSIPN/A CIKN/A Webwww.megenergy.com Phone+1-403-7700446FaxN/AEmployees449Year FoundedN/APrice Target and Rating Average Stock Price TargetC$33.09 High Stock Price TargetC$39.00 Low Stock Price TargetC$23.00 Potential Upside/Downside+3.0%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.98 Trailing P/E Ratio16.22 Forward P/E Ratio13.85 P/E Growth0.17Net IncomeC$569 million Net Margins10.06% Pretax MarginN/A Return on Equity12.77% Return on Assets7.94% Debt Debt-to-Equity Ratio30.55 Current Ratio1.48 Quick Ratio1.17 Sales & Book Value Annual SalesC$5.65 billion Price / Sales1.55 Cash FlowC$1.09 per share Price / Cash Flow29.38 Book ValueC$16.48 per share Price / Book1.95Miscellaneous Outstanding Shares272,100,000Free FloatN/AMarket CapC$8.74 billion OptionableNot Optionable Beta3.16 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Derek W. Evans B.Sc. (Age 67)P. Eng., President, CEO & Director Comp: $1.59MMs. Darlene M. GatesChief Operating OfficerMr. Lyle S. YuzdepskiSenior VP of Legal, General Counsel & Corporate SecretaryMr. Thomas R. GearVice President of OperationsMr. David Michael GrangerSenior Vice President of Human ResourcesKey CompetitorsCrescent Point EnergyTSE:CPGStrathcona ResourcesTSE:SCRPrairieSky RoyaltyTSE:PSKWhitecap ResourcesTSE:WCPEnerplusTSE:ERFView All CompetitorsInsidersDavid Michael GrangerSold 32,144 sharesTotal: C$979,504.83 ($30.47/share)Gary BosgoedSold 445 sharesTotal: C$13,456.80 ($30.24/share)Erik Alexander AlsonSold 34,528 sharesTotal: C$1.04 M ($30.24/share)Derek Watson EvansSold 234,562 sharesTotal: C$6.79 M ($28.94/share)View All Insider Transactions MEG Stock Analysis - Frequently Asked Questions Should I buy or sell MEG Energy stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MEG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEG, but not buy additional shares or sell existing shares. View MEG analyst ratings or view top-rated stocks. What is MEG Energy's stock price target for 2024? 10 Wall Street analysts have issued 12-month target prices for MEG Energy's shares. Their MEG share price targets range from C$23.00 to C$39.00. On average, they expect the company's share price to reach C$33.09 in the next year. This suggests a possible upside of 2.7% from the stock's current price. View analysts price targets for MEG or view top-rated stocks among Wall Street analysts. How have MEG shares performed in 2024? MEG Energy's stock was trading at C$23.67 at the start of the year. Since then, MEG shares have increased by 36.1% and is now trading at C$32.22. View the best growth stocks for 2024 here. When is MEG Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our MEG earnings forecast. How were MEG Energy's earnings last quarter? MEG Energy Corp. (TSE:MEG) issued its earnings results on Thursday, February, 29th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.59 by $0.22. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.40 billion. MEG Energy had a net margin of 10.06% and a trailing twelve-month return on equity of 12.77%. What other stocks do shareholders of MEG Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other MEG Energy investors own include Whitecap Resources (WCP), Baytex Energy (BTE), Crescent Point Energy (CPG), Kelt Exploration (KEL), Athabasca Oil (ATH), NuVista Energy (NVA), Canadian Natural Resources (CNQ), Enerplus (ERF), Cenovus Energy (CVE) and Birchcliff Energy (BIR). How do I buy shares of MEG Energy? Shares of MEG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:MEG) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? 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