(MEG) MEG Energy - Ratings and Ratios

Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA5527041084

MEG: Thermal Oil, Crude Oil, Petroleum Products

MEG Energy Corp. is a Canadian energy company specializing in in situ thermal oil production, primarily operating the Christina Lake Project in the southern Athabasca oil sands region of Alberta. The company employs steam-assisted gravity drainage (SAGD) technology to enhance oil recovery from bitumen deposits. MEG also engages in the transportation and international sale of thermal oil. Established in 1999, the company is headquartered in Calgary, Alberta. https://www.megenergy.com

MEG Energy Corp. is recognized for its operational efficiency and focus on reducing environmental impact. The company has implemented advanced technologies to optimize resource recovery and minimize emissions. Its Christina Lake Project is one of the largest SAGD operations in the Athabasca oil sands, with a significant land position and long-term growth potential.

Ticker Symbol: MEG Exchange: TO Type: common stock Country Origin: Canada GICS Sub Industry: Oil & Gas Exploration & Production Average Volume 20d: 2014800 Last Price: 20.46 SMA 20: 21.21 SMA 50: 22.49 SMA 200: 24.61 ATR: 1.10 Market Cap: 5342.49M CAD P/E: 11.05 P/E Forward: 11.45 P/B: 1.14 P/S: 1.04 RoE: 11.14

3-Month Forecast: Based on and , MEG Energy Corp. is expected to experience short-term price volatility due to its proximity to key moving averages. The stock is currently trading below its 20-day and 50-day SMAs but remains above its 200-day SMA, indicating potential support at higher levels. The ATR of 1.10 suggests moderate price movement. Fundamentally, the companys stable cash flow from operations and demand for heavy oil are expected to maintain its valuation. The P/E ratio of 11.05 and P/B ratio of 1.14 indicate reasonable valuation relative to peers.

Additional Sources for MEG Stock

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

MEG Stock Overview

Market Cap in USD 3,874m
Sector Energy
Industry Oil & Gas E&P
GiC Sub-Industry Oil & Gas Exploration & Production
IPO / Inception

MEG Stock Ratings

Growth Rating 56.7
Fundamental 42.1
Dividend Rating 22.1
Rel. Strength -29.7
Analysts -
Fair Price Momentum 20.94 CAD
Fair Price DCF 54.25 CAD

MEG Dividends

Dividend Yield 12m 1.35%
Yield on Cost 5y 10.45%
Annual Growth 5y -29.29%
Payout Consistency 100.0%

MEG Growth Ratios

Growth Correlation 3m -43.9%
Growth Correlation 12m -88.5%
Growth Correlation 5y 92%
CAGR 5y 46.50%
CAGR/Max DD 5y 0.97
Sharpe Ratio 12m -1.03
Alpha -45.79
Beta 0.837
Volatility 68.53%
Current Volume 1962.5k
Average Volume 20d 2014.8k
What is the price of MEG stocks?
As of May 01, 2025, the stock is trading at CAD 19.34 with a total of 1,962,487 shares traded.
Over the past week, the price has changed by -5.15%, over one month by -23.35%, over three months by -18.52% and over the past year by -37.47%.
Is MEG Energy a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, MEG Energy (TO:MEG) is currently (May 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 42.10 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MEG as of May 2025 is 20.94. This means that MEG is currently overvalued and has a potential downside of 8.27%.
Is MEG a buy, sell or hold?
MEG Energy has no consensus analysts rating.
What are the forecast for MEG stock price target?
According to ValueRays Forecast Model, MEG MEG Energy will be worth about 23.2 in May 2026. The stock is currently trading at 19.34. This means that the stock has a potential upside of +20.06%.
Issuer Forecast Upside
Wallstreet Target Price 29.6 53.3%
Analysts Target Price - -
ValueRay Target Price 23.2 20.1%