Meg Energy Corp Stock Today
| MEG Stock | CAD 24.97 0.37 1.50% |
PerformanceModest
| Odds Of DistressVery Small
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MEG Energy is selling at 24.97 as of the 20th of March 2025; that is 1.50% increase since the beginning of the trading day. The stock's open price was 24.6. MEG Energy has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Business Domain Energy |
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca region of Alberta, Canada. The company was incorporated in 1999 and is headquartered in Calgary, Canada. MEG ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. The company has 256.64 M outstanding shares of which 7.16 M shares are now shorted by private and institutional investors with about 2.41 days to cover all short positions. More on MEG Energy Corp
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MEG Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MEG Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MEG Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Derek Evans | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
MEG Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MEG Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsMEG Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MEG Energy's financial leverage. It provides some insight into what part of MEG Energy's total assets is financed by creditors.
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MEG Energy Corp (MEG) is traded on Toronto Exchange in Canada and employs 473 people. MEG Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MEG Energy's market, we take the total number of its shares issued and multiply it by MEG Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MEG Energy Corp operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 256.64 M outstanding shares of which 7.16 M shares are now shorted by private and institutional investors with about 2.41 days to cover all short positions.
MEG Energy Corp has accumulated about 0 in cash with 1.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
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Ownership AllocationMEG Energy Corp maintains a total of 256.64 Million outstanding shares. 30% of MEG Energy outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thus, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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MEG Energy Corp Risk Profiles
Although MEG Energy's alpha and beta are two of the key measurements used to evaluate MEG Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.81 | |||
| Semi Deviation | 2.51 | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.97 |
MEG Stock Against Markets
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| All Next | Launch Module |
MEG Energy Corporate Directors
| William Klesse | Independent Director | Profile | |
| Robert Hodgins | Independent Director | Profile | |
| Diana McQueen | Independent Director | Profile | |
| Harvey Doerr | Independent Director | Profile |
Other Information on Investing in MEG Stock
MEG Energy financial ratios help investors to determine whether MEG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MEG with respect to the benefits of owning MEG Energy security.