Robert Ross Rooney Purchases 8,500 Shares of MEG Energy Corp. Stock - MarketBeat
| MEG Stock | CAD 23.16 0.45 1.98% |
About 54% of MEG Energy's investors are presently thinking to get in. The current sentiment of investing in MEG Energy Corp suggests that some traders are interested. 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.
MEG |
Robert Ross Rooney Purchases 8,500 Shares of MEG Energy Corp. Stock MarketBeat
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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.
Gross Profit
Gross Profit Comparative Analysis
MEG Energy is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
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
| SAGE | Sage Potash | 9.52 | ||||
| ENB-PFC | Enbridge Pref | 0.62 | ||||
| ENS | E Split | 0.50 | ||||
| ENB-PFU | Enbridge Pref | 0.22 | ||||
| ENB-PFV | Enbridge Pref | 0.17 | ||||
| ENS-PA | E Split | 1.70 |
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.