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MEG Energy (MEG) Competitors

C$30.52
+0.23 (+0.76%)
(As of 05/17/2024 08:55 PM ET)

MEG vs. CPG, SCR, PSK, WCP, ERF, POU, BTE, PEY, ATH, and NVA

Should you be buying MEG Energy stock or one of its competitors? The main competitors of MEG Energy include Crescent Point Energy (CPG), Strathcona Resources (SCR), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Athabasca Oil (ATH), and NuVista Energy (NVA). These companies are all part of the "oil & gas e&p" industry.

MEG Energy vs.

Crescent Point Energy (TSE:CPG) and MEG Energy (TSE:MEG) are both mid-cap energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, media sentiment, risk, valuation, community ranking and earnings.

Crescent Point Energy has a beta of 2.84, meaning that its stock price is 184% more volatile than the S&P 500. Comparatively, MEG Energy has a beta of 3.12, meaning that its stock price is 212% more volatile than the S&P 500.

Crescent Point Energy has a net margin of 17.88% compared to Crescent Point Energy's net margin of 10.58%. Crescent Point Energy's return on equity of 13.20% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Crescent Point Energy17.88% 11.97% 6.84%
MEG Energy 10.58%13.20%8.47%

47.5% of Crescent Point Energy shares are held by institutional investors. Comparatively, 41.5% of MEG Energy shares are held by institutional investors. 0.5% of Crescent Point Energy shares are held by company insiders. Comparatively, 0.3% of MEG Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Crescent Point Energy has higher earnings, but lower revenue than MEG Energy. Crescent Point Energy 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
Crescent Point EnergyC$3.19B2.28C$799.40MC$1.468.03
MEG EnergyC$5.54B1.50C$586MC$2.0614.82

Crescent Point Energy received 516 more outperform votes than MEG Energy when rated by MarketBeat users. Likewise, 74.58% of users gave Crescent Point Energy an outperform vote while only 56.95% of users gave MEG Energy an outperform vote.

CompanyUnderperformOutperform
Crescent Point EnergyOutperform Votes
930
74.58%
Underperform Votes
317
25.42%
MEG EnergyOutperform Votes
414
56.95%
Underperform Votes
313
43.05%

Crescent Point Energy currently has a consensus target price of C$14.80, suggesting a potential upside of 26.28%. MEG Energy has a consensus target price of C$33.09, suggesting a potential upside of 8.42%. Given MEG Energy's stronger consensus rating and higher possible upside, analysts clearly believe Crescent Point Energy is more favorable than MEG Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Crescent Point Energy
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00
MEG Energy
0 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.30

In the previous week, Crescent Point Energy had 12 more articles in the media than MEG Energy. MarketBeat recorded 13 mentions for Crescent Point Energy and 1 mentions for MEG Energy. MEG Energy's average media sentiment score of 0.14 beat Crescent Point Energy's score of 0.00 indicating that Crescent Point Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Crescent Point Energy
3 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
MEG Energy
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Crescent Point Energy beats MEG Energy on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MEG 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$8.32BC$1.58BC$3.91BC$4.00B
Dividend Yield3.14%7.79%7.15%7.08%
P/E Ratio14.82274.82202.3825.02
Price / Sales1.5027,482.1519,816.911,825.34
Price / Cash29.3883.0166.6972.85
Price / Book1.841.641.673.31
Net IncomeC$586MC$123.97MC$423.29MC$262.08M
7 Day Performance-1.36%0.69%2.17%0.89%
1 Month Performance-2.05%0.70%2.09%3.70%
1 Year Performance48.52%9.19%19.92%17.04%

MEG Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CPG
Crescent Point Energy
4.1001 of 5 stars
C$11.72
-0.3%
C$14.80
+26.3%
+29.3%C$7.27BC$3.19B8.03777
SCR
Strathcona Resources
0.2967 of 5 stars
C$30.45
-0.2%
C$34.57
+13.5%
N/AC$6.52BC$4.24B-13.88193
PSK
PrairieSky Royalty
0 of 5 stars
C$25.94
-0.5%
C$27.30
+5.2%
+11.3%C$6.20BC$475.60M28.5165
WCP
Whitecap Resources
4.3206 of 5 stars
C$10.23
flat
C$13.56
+32.6%
+3.8%C$6.12BC$3.23B9.05542Dividend Increase
Positive News
ERF
Enerplus
1.9697 of 5 stars
C$27.56
+0.6%
C$24.36
-11.6%
+36.8%C$5.63BC$1.48B11.20404Analyst Revision
POU
Paramount Resources
3.9697 of 5 stars
C$32.01
-0.5%
C$35.80
+11.8%
+6.7%C$4.68BC$1.71B13.92579
BTE
Baytex Energy
3.7596 of 5 stars
C$4.66
-1.5%
C$6.48
+38.9%
+2.8%C$3.83BC$3.03B-10.59231Positive News
PEY
Peyto Exploration & Development
1.6262 of 5 stars
C$15.22
+0.3%
C$16.27
+6.9%
+35.3%C$2.96BC$945.51M9.4053Positive News
ATH
Athabasca Oil
3.3054 of 5 stars
C$4.84
+0.4%
C$6.14
+26.9%
+68.7%C$2.74BC$1.20B-53.78170
NVA
NuVista Energy
3.8862 of 5 stars
C$12.77
flat
C$15.03
+17.7%
+11.4%C$2.63BC$1.26B8.7588Positive News

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This page (TSE:MEG) was last updated on 5/20/2024 by MarketBeat.com Staff

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