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MEG Energy Corp MEG Stock Quote

| Rating as of

XTSE: MEG

Last close prices updated as of Jan 27, 2023, 4:00 PM EST | CAD
  • Last Close 21.73
  • Sector Energy
  • Industry Oil & Gas E&P
  • Investment Style Mid Growth
  • Day Range 20.75  –  21.75
  • Year Range 13.91  –  24.47
  • Market Cap 6.4755 Bil
  • Volume / Avg 3.4 Mil /  2.5 Mil
  • Price / Sales 1.10
  • Price / Book 1.47
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis MEG

Valuation
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Economic Moat

INVESTOR

Capital Allocation

INVESTOR

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Key Statistics MEG

Company Profile MEG

Business Description

MEG Energy is engaged in in situ oil sands development and production in Alberta, Canada. As of March 2021, the company reported estimated net proved and probable reserves of 2 billion barrels of oil equivalent. Net production averaged 82,000 barrels per day in 2020.

Contact
600 - 3rd Avenue S.W., 21st Floor
Calgary, AB, T2P 0G5, CAN
Sector Energy
Industry Oil & Gas E&P
Employees 415

Related Articles MEG

FAQs for MEG Energy Corp Stock

No. MEG does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

MEG’s market cap is 6.48 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

MEG’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MEG’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MEG’s historical performance against its industry peers and the overall market.