How to buy MEG Energy stock in Canada

MEG Energy is an oil & gas e&p business based in Canada. MEG Energy shares (MEG) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$22.18 – a decrease of 6.53% over the previous week. MEG Energy employs 449 staff and has a trailing 12-month revenue of around C$5.4 billion.

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MEG Energy stock price (Toronto Stock Exchange (TSX): MEG)

Use our graph to track the performance of MEG stocks over time.

MEG Energy stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	C$22.18
52-week range	C$22.36 - C$33.42
50-day moving average more info button	C$25.55
200-day moving average more info button	C$27.94
Wall St. target price	C$32.40
PE ratio more info button	12.288
Dividend yield more info button	C$0.1 (1.77%)
Earnings per share (TTM) more info button	C$1.84

Is it a good time to buy MEG Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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MEG Energy price performance over time

Historical closes compared with the close of C$22.44 from 2024-12-19

1 week (2024-12-13)	-5.44%
1 month (2024-11-21)	-16.17%
3 months (2024-09-20)	-12.72%
6 months (2024-06-21)	-19.83%

1 year (2023-12-21)	-5.44%
2 years (2022-12-21)	25.49%
3 years (2021-12-21)	104.77%
5 years (2019-12-20)	213.82%

Is MEG Energy stock undervalued or overvalued?

Valuing MEG Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MEG Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MEG Energy's P/E ratio

MEG Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, MEG Energy shares trade at around 12x recent earnings.

MEG Energy's EBITDA

MEG Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$1.5 billion.

The EBITDA is a measure of a MEG Energy's overall financial performance and is widely used to measure a its profitability.

MEG Energy financials

Revenue TTM	C$5.4 billion
Operating margin TTM	17.87%
Gross profit TTM	C$3.1 billion
Return on assets TTM	7.5%
Return on equity TTM	10.89%
Profit margin	9.25%
Book value	C$17.34
Market Capitalization more info button	C$5.9 billion
EBITDA more info button	C$1.5 billion

TTM: trailing 12 months

MEG Energy stock dividends

Dividend payout ratio: 10.81% of net profits

Recently MEG Energy has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MEG Energy shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In MEG Energy's case, that would currently equate to about C$0.1 per share.

While MEG Energy's payout ratio might seem low, this can signify that MEG Energy is investing more in its future growth.

MEG Energy's most recent dividend payout was on 14 January 2025. The latest dividend was paid out to all shareholders who bought their stocks by 15 December 2024 (the "ex-dividend date").

MEG Energy stock price volatility

Over the last 12 months, MEG Energy's stocks have ranged in value from as little as C$22.36 up to C$33.4218. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while MEG Energy's is 2.87. This would suggest that MEG Energy's stocks are significantly more volatile than the average for this exchange and represent a higher risk.

MEG Energy 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..

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Frequently asked questions

What percentage of MEG Energy is owned by insiders or institutions?
Currently 0.327% of MEG Energy stocks are held by insiders and 45.499% by institutions. How many people work for MEG Energy?
Latest data suggests 449 work at MEG Energy. When does the fiscal year end for MEG Energy?
MEG Energy's fiscal year ends in December. Where is MEG Energy based?
MEG Energy's address is: Mail Room, Calgary, AB, Canada, T2P 0G5 What is MEG Energy's ISIN number?
MEG Energy's international securities identification number is: CA5527041084

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