Meg Energy Corp Stock Analysis
| MEG Stock | CAD 25.20 0.20 0.80% |
MEG Energy Corp is overvalued with Real Value of 21.39 and Hype Value of 25.2. The main objective of MEG Energy stock analysis is to determine its intrinsic value, which is an estimate of what MEG Energy Corp is worth, separate from its market price. There are two main types of MEG Energy's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect MEG Energy's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of MEG Energy's stock to identify patterns and trends that may indicate its future price movements.
The MEG Energy stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. MEG Energy is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. MEG Stock trading window is adjusted to America/Toronto timezone.
MEG |
MEG Stock Analysis Notes
About 45.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MEG Energy Corp last dividend was issued on the 16th of December 2024. 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. It employs 449 people. To find out more about MEG Energy Corp contact Derek Evans at 403 770 0446 or learn more at https://www.megenergy.com.MEG Energy Quarterly Total Revenue |
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MEG Energy Corp Investment Alerts
| MEG Energy Corp is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: MEG Energys investors will be pleased with their incredible 386 percent return over the last five years - Simply Wall St |
MEG Largest EPS Surprises
Earnings surprises can significantly impact MEG Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2013-07-30 | 2013-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2018-11-01 | 2018-09-30 | -0.08 | -0.06 | 0.02 | 25 | ||
2015-07-28 | 2015-06-30 | -0.12 | -0.1 | 0.02 | 16 |
MEG Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.63 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 Profitablity
MEG Energy's profitability indicators refer to fundamental financial ratios that showcase MEG Energy's ability to generate income relative to its revenue or operating costs. If, let's say, MEG Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, MEG Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of MEG Energy's profitability requires more research than a typical breakdown of MEG Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.18 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.18. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | 0.15 | 0.15 | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.13 | 0.13 |
Management Efficiency
MEG Energy Corp has return on total asset (ROA) of 0.075 % which means that it generated a profit of $0.075 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1089 %, meaning that it generated $0.1089 on every $100 dollars invested by stockholders. MEG Energy's management efficiency ratios could be used to measure how well MEG Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.15. At this time, MEG Energy's Fixed Asset Turnover is very stable compared to the past year. As of the 2nd of December 2024, Return On Assets is likely to grow to 0.09, while Other Current Assets are likely to drop about 15.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.88 | 18.86 | |
| Tangible Book Value Per Share | 15.87 | 18.74 | |
| Enterprise Value Over EBITDA | 5.46 | 5.19 | |
| Price Book Value Ratio | 1.49 | 1.24 | |
| Enterprise Value Multiple | 5.46 | 5.19 | |
| Price Fair Value | 1.49 | 1.24 | |
| Enterprise Value | 6.3 B | 5.7 B |
Leadership effectiveness at MEG Energy Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0159 | Operating Margin 0.1787 | Profit Margin 0.0925 | Forward Dividend Yield 0.0159 | Beta 2.87 |
Technical Drivers
As of the 2nd of December, MEG Energy secures the mean deviation of 1.76, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of MEG Energy Corp, as well as the relationship between them.MEG Energy Corp Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MEG Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MEG Energy Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
MEG Energy Outstanding Bonds
MEG Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MEG Energy Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MEG bonds can be classified according to their maturity, which is the date when MEG Energy Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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MEG Energy Predictive Daily Indicators
MEG Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MEG Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MEG Energy Forecast Models
MEG Energy's time-series forecasting models are one of many MEG Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MEG Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About MEG Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how MEG Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MEG shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MEG Energy. By using and applying MEG Stock analysis, traders can create a robust methodology for identifying MEG entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.13 | 0.13 | |
| Operating Profit Margin | 0.16 | 0.25 | |
| Net Profit Margin | 0.10 | 0.11 | |
| Gross Profit Margin | 0.27 | 0.28 |
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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.