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OTCMKTS:MEGEF

MEG Energy (MEGEF) Stock Price, News & Analysis

MEG Energy logo
$18.89
+0.89 (+4.94%)
(As of 11/4/2024 ET)

About MEG Energy Stock (OTCMKTS:MEGEF)

Key Stats

Today's Range
$18.16
$19.00
50-Day Range
$17.31
$20.63
52-Week Range
$16.73
$24.59
Volume
21,440 shs
Average Volume
156,710 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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.

MEG Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
1st Percentile Overall Score

MEGEF MarketRank™: 

MEG Energy scored higher than 1% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MEG Energy is -40.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MEG Energy is -40.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    MEG Energy has a short interest ratio ("days to cover") of 31, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in MEG Energy has recently increased by 4.48%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    MEG Energy does not currently pay a dividend.

  • Dividend Growth

    MEG Energy does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    MEG Energy has a short interest ratio ("days to cover") of 31, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in MEG Energy has recently increased by 4.48%, indicating that investor sentiment is decreasing.
  • News Sentiment

    MEG Energy has a news sentiment score of 0.55. 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 Week

    MarketBeat has tracked 1 news article for MEG Energy this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, MEG Energy insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    50.51% of the stock of MEG Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MEG Energy's insider trading history.
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MEGEF Stock News Headlines

J.P. Morgan Sticks to Their Hold Rating for MEG Energy (MEGEF)
This company will win the AI race
Rome wasn’t built in a day… But there is another lesser-known type of keystone, one that plays an equally critical role in supporting the most revolutionary technology the world’s ever seen… artificial intelligence. And without it, the entire AI industry would collapse.
MEG Energy Corp. (MEG) Opens the Market
MEG Energy (MEGEF) Receives a Hold from National Bank
See More Headlines

MEGEF Stock Analysis - Frequently Asked Questions

MEG Energy's stock was trading at $17.92 at the start of the year. Since then, MEGEF shares have increased by 5.4% and is now trading at $18.89.
View the best growth stocks for 2024 here
.

Shares of MEGEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Ex-Dividend for 10/15 Dividend
9/17/2024
Dividend Payable
10/15/2024
Today
11/04/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
Current Symbol
OTCMKTS:MEGEF
CIK
N/A
Fax
N/A
Employees
430
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (OTCMKTS:MEGEF) was last updated on 11/5/2024 by MarketBeat.com Staff
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