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MEG Energy (MEG) Competitors

MEG Energy logo
C$25.68 +0.32 (+1.26%)
(As of 11/20/2024 ET)

MEG vs. RBA, GFL, STN, QBR.B, SJ, NVEI, QBR.A, LIF, EFX, and CHR

Should you be buying MEG Energy stock or one of its competitors? The main competitors of MEG Energy include RB Global (RBA), GFL Environmental (GFL), Stantec (STN), Quebecor (QBR.B), Stella-Jones (SJ), Nuvei (NVEI), Quebecor (QBR.A), Labrador Iron Ore Royalty (LIF), Enerflex (EFX), and Chorus Aviation (CHR). These companies are all part of the "business services" industry.

MEG Energy vs.

RB Global (TSE:RBA) and MEG Energy (TSE:MEG) are both industrials companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, analyst recommendations, institutional ownership, media sentiment, valuation, earnings, community ranking and profitability.

MEG Energy has a net margin of 10.43% compared to RB Global's net margin of 8.68%. MEG Energy's return on equity of 12.99% beat RB Global's return on equity.

Company Net Margins Return on Equity Return on Assets
RB Global8.68% 6.61% 4.03%
MEG Energy 10.43%12.99%8.96%

97.3% of RB Global shares are owned by institutional investors. Comparatively, 44.4% of MEG Energy shares are owned by institutional investors. 0.3% of RB Global shares are owned by company insiders. Comparatively, 0.3% of MEG Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

RB Global has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500. Comparatively, MEG Energy has a beta of 2.89, meaning that its stock price is 189% more volatile than the S&P 500.

MEG Energy received 189 more outperform votes than RB Global when rated by MarketBeat users. Likewise, 56.50% of users gave MEG Energy an outperform vote while only 56.44% of users gave RB Global an outperform vote.

CompanyUnderperformOutperform
RB GlobalOutperform Votes
228
56.44%
Underperform Votes
176
43.56%
MEG EnergyOutperform Votes
417
56.50%
Underperform Votes
321
43.50%

RB Global currently has a consensus price target of C$76.00, indicating a potential downside of 42.02%. MEG Energy has a consensus price target of C$32.55, indicating a potential upside of 26.73%. Given MEG Energy's higher probable upside, analysts plainly believe MEG Energy is more favorable than RB Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RB Global
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50
MEG Energy
0 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.45

RB Global pays an annual dividend of C$1.58 per share and has a dividend yield of 1.2%. MEG Energy pays an annual dividend of C$0.40 per share and has a dividend yield of 1.6%. RB Global pays out 64.2% of its earnings in the form of a dividend. MEG Energy pays out 19.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. MEG Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

MEG Energy has higher revenue and earnings than RB Global. MEG Energy is trading at a lower price-to-earnings ratio than RB Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
RB GlobalC$4.22B5.72C$328.50MC$2.4653.28
MEG EnergyC$5.62B1.23C$586MC$2.1012.23

In the previous week, RB Global had 1 more articles in the media than MEG Energy. MarketBeat recorded 2 mentions for RB Global and 1 mentions for MEG Energy. MEG Energy's average media sentiment score of 0.81 beat RB Global's score of 0.35 indicating that MEG Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
RB Global
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
MEG Energy
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

MEG Energy beats RB Global on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MEG vs. The Competition

MetricMEG EnergyOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$6.92BC$1.41BC$3.88BC$6.25B
Dividend Yield1.44%7.91%7.10%5.27%
P/E Ratio12.23129.55106.8426.85
Price / Sales1.2319,451.2314,367.091,531.29
Price / Cash29.3885.3168.5683.81
Price / Book1.521.321.453.16
Net IncomeC$586MC$101.13MC$401.92MC$299.38M
7 Day Performance-1.98%0.78%1.22%0.76%
1 Month Performance-0.93%0.58%-0.47%12.93%
1 Year Performance-3.60%-1.45%4.95%44.13%

MEG Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MEG
MEG Energy
3.9621 of 5 stars
C$25.68
+1.3%
C$32.55
+26.7%
-4.1%C$6.92BC$5.62B12.23449
RBA
RB Global
1.8196 of 5 stars
C$131.07
+0.2%
C$76.00
-42.0%
+54.0%C$24.15BC$4.22B53.154,200
GFL
GFL Environmental
N/AC$63.30
-0.5%
N/A+53.7%C$24.10BC$7.63B-30.9419,500
STN
Stantec
1.5582 of 5 stars
C$117.62
+1.4%
C$126.36
+7.4%
+21.5%C$13.42BC$5.42B38.6931,000
QBR.B
Quebecor
1.9353 of 5 stars
C$31.75
0.0%
C$37.94
+19.5%
+2.4%C$5.01BC$5.67B10.0210,039High Trading Volume
SJ
Stella-Jones
3.8999 of 5 stars
C$69.07
-1.7%
C$88.00
+27.4%
-14.8%C$3.89BC$3.46B11.16280Positive News
NVEI
Nuvei
N/AN/AN/AN/AC$3.13BC$1.31B-432.821,370
QBR.A
Quebecor
N/AC$32.88
+2.6%
N/A+2.4%C$2.52BC$5.67B10.3710,000Gap Up
LIF
Labrador Iron Ore Royalty
1.7033 of 5 stars
C$29.15
-0.3%
C$33.00
+13.2%
-9.3%C$1.87BC$211M8.78600News Coverage
EFX
Enerflex
0.6902 of 5 stars
C$12.60
+2.9%
C$12.34
-2.0%
+108.6%C$1.56BC$2.37B-10.9614,000Dividend Increase
Analyst Revision
CHR
Chorus Aviation
N/AC$3.27
-1.5%
C$3.37
+3.0%
+40.3%C$624.93MC$1.72B14.434,573

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This page (TSE:MEG) was last updated on 11/21/2024 by MarketBeat.com Staff
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