MEG Energy Shares Rise as Shareholder Returns Increased Following Debt Reduction - MarketWatch
MEG Stock | CAD 25.04 0.16 0.63% |
About 62% of MEG Energy's investor base is looking to short. The current sentiment of investing in MEG Energy Corp suggests that many traders are alarmed. MEG Energy's investing sentiment overview a quick insight into current market opportunities from investing in MEG Energy Corp. Many technical investors use MEG Energy Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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MEG Energy Shares Rise as Shareholder Returns Increased Following Debt Reduction MarketWatch
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MEG Energy Fundamental Analysis
We analyze MEG Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MEG Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MEG Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
MEG Energy is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
MEG Energy Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MEG Energy stock to make a market-neutral strategy. Peer analysis of MEG Energy could also be used in its relative valuation, which is a method of valuing MEG Energy by comparing valuation metrics with similar companies.
Peers
MEG Energy Related Equities
TVE | Tamarack Valley | 1.59 | ||||
BTE | Baytex Energy | 0.25 | ||||
WCP | Whitecap Resources | 0.88 | ||||
ARX | ARC Resources | 2.13 |
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.