MEG Energy Corp. (MEG.TO)

$17.82

-0.33 (-1.82%)
Rating:
Recommendation:
-
Symbol MEG.TO
Price $17.82
Beta 3.146
Volume Avg. 3.10M
Market Cap 5.474B
Shares () -
52 Week Range 6.85-24.47
1y Target Est -
DCF Unlevered MEG.TO DCF ->
DCF Levered MEG.TO LDCF ->
ROE 17.45% Buy
ROA 8.66% Neutral
Operating Margin -
Debt / Equity 82.96% Buy
P/E 8.57 Strong Buy
P/B 1.31 Strong Buy
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Mr. Derek Evans
Energy
Oil & Gas E&P
Toronto Stock Exchange

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.