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MEG Energy (MEG) Competitors

MEG Energy logo
C$22.18 -0.26 (-1.16%)
(As of 12/20/2024 05:17 PM ET)

MEG vs. GFL, RBA, 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 GFL Environmental (GFL), RB Global (RBA), 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.

MEG Energy (TSE:MEG) and GFL Environmental (TSE:GFL) are both energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, earnings, analyst recommendations, institutional ownership, risk, community ranking and valuation.

MEG Energy pays an annual dividend of C$0.40 per share and has a dividend yield of 1.8%. GFL Environmental pays an annual dividend of C$0.08 per share and has a dividend yield of 0.1%. MEG Energy pays out 19.0% of its earnings in the form of a dividend. GFL Environmental pays out -3.9% 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 presently has a consensus price target of C$32.45, suggesting a potential upside of 46.32%. Given MEG Energy's higher possible upside, equities analysts clearly believe MEG Energy is more favorable than GFL Environmental.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MEG Energy
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
GFL Environmental
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00

In the previous week, MEG Energy had 3 more articles in the media than GFL Environmental. MarketBeat recorded 5 mentions for MEG Energy and 2 mentions for GFL Environmental. MEG Energy's average media sentiment score of 1.27 beat GFL Environmental's score of -0.31 indicating that MEG Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MEG Energy
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
GFL Environmental
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

MEG Energy received 401 more outperform votes than GFL Environmental when rated by MarketBeat users. However, 72.73% of users gave GFL Environmental an outperform vote while only 56.35% of users gave MEG Energy an outperform vote.

CompanyUnderperformOutperform
MEG EnergyOutperform Votes
417
56.35%
Underperform Votes
323
43.65%
GFL EnvironmentalOutperform Votes
16
72.73%
Underperform Votes
6
27.27%

MEG Energy has a net margin of 10.43% compared to GFL Environmental's net margin of -8.83%. MEG Energy's return on equity of 12.99% beat GFL Environmental's return on equity.

Company Net Margins Return on Equity Return on Assets
MEG Energy10.43% 12.99% 8.96%
GFL Environmental -8.83%-9.83%1.22%

MEG Energy has a beta of 2.89, suggesting that its share price is 189% more volatile than the S&P 500. Comparatively, GFL Environmental has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MEG EnergyC$5.62B1.06C$586MC$2.1010.56
GFL EnvironmentalC$7.63B3.22-C$674.60M-C$2.05-31.45

44.4% of MEG Energy shares are owned by institutional investors. Comparatively, 78.1% of GFL Environmental shares are owned by institutional investors. 0.3% of MEG Energy shares are owned by insiders. Comparatively, 3.0% of GFL Environmental shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

MEG Energy beats GFL Environmental on 13 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$5.98BC$1.29BC$3.73BC$6.05B
Dividend Yield1.44%8.01%7.26%5.43%
P/E Ratio10.56108.9596.4426.16
Price / Sales1.0621,578.8415,501.361,327.99
Price / Cash29.3891.1872.1282.04
Price / Book1.311.371.493.07
Net IncomeC$586MC$99.02MC$415.68MC$294.08M
7 Day Performance-6.53%-3.24%-3.41%-2.47%
1 Month Performance-17.15%-4.46%-4.40%-0.78%
1 Year Performance-6.53%-4.37%-0.19%34.57%

MEG Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MEG
MEG Energy
4.0552 of 5 stars
C$22.18
-1.2%
C$32.45
+46.3%
-6.3%C$5.98BC$5.62B10.56449Dividend Announcement
Insider Trade
News Coverage
GFL
GFL Environmental
N/AC$65.63
+2.8%
N/A+47.2%C$24.99BC$7.63B-31.1519,500News Coverage
RBA
RB Global
0.8758 of 5 stars
C$134.99
-0.1%
C$76.00
-43.7%
+51.6%C$24.87BC$4.22B54.914,200
STN
Stantec
1.9496 of 5 stars
C$117.04
-0.5%
C$129.50
+10.6%
+10.9%C$13.35BC$5.42B38.6531,000
QBR.B
Quebecor
2.3844 of 5 stars
C$31.87
-1.4%
C$37.94
+19.0%
+1.8%C$5.03BC$5.67B10.2010,039Analyst Upgrade
News Coverage
SJ
Stella-Jones
3.0482 of 5 stars
C$72.21
+0.8%
C$88.00
+21.9%
-6.1%C$4.07BC$3.46B11.57280Insider Trade
News Coverage
NVEI
Nuvei
N/AC$47.61
-0.5%
N/AN/AC$3.13BC$1.31B-432.821,370
QBR.A
Quebecor
N/AC$32.21
-2.4%
N/A-3.2%C$2.47BC$5.67B10.4110,000News Coverage
Gap Down
LIF
Labrador Iron Ore Royalty
1.5861 of 5 stars
C$30.02
+0.9%
C$33.00
+9.9%
-9.6%C$1.92BC$211M8.96600News Coverage
EFX
Enerflex
0.5168 of 5 stars
C$13.79
+2.1%
C$12.59
-8.7%
+117.8%C$1.71BC$2.37B-11.7414,000Analyst Forecast
CHR
Chorus Aviation
3.1902 of 5 stars
C$3.13
-0.6%
C$3.45
+10.2%
+14.8%C$598.17MC$1.72B13.744,573

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This page (TSE:MEG) was last updated on 12/21/2024 by MarketBeat.com Staff
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