MEG Energy Corp. (MEG.TO)


-0.37 (-1.48%)
Symbol MEG.TO
Price $24.6
Beta 2.755
Volume Avg. 1.61M
Market Cap 7.021B
Shares () -
52 Week Range 13.91-26.39
1y Target Est -
DCF Unlevered MEG.TO DCF ->
DCF Levered MEG.TO LDCF ->
ROE 12.08% Buy
ROA 7.77% Neutral
Operating Margin -
Debt / Equity 36.43% Neutral
P/E 13.90 Strong Buy
P/B 1.59 Strong Buy


Consensus EPS

Upgrades & Downgrades

Mr. Derek W. Evans B.Sc., P. Eng.
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.