OTCMKTS:MEGEF

MEG Energy (MEGEF) Stock Price, News & Analysis

$23.23
+0.41 (+1.80%)
(As of 04/23/2024 ET)
Today's Range
$22.95
$23.27
50-Day Range
$17.91
$24.53
52-Week Range
$14.44
$24.59
Volume
14,832 shs
Average Volume
265,175 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.67

MEG Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
53.3% Downside
$10.67 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of MEG Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.17 out of 5 stars

MEGEF stock logo

About MEG Energy Stock (OTCMKTS:MEGEF)

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.

MEGEF Stock Price History

MEGEF Stock News Headlines

Claim Your Complimentary Bitcoin Reward
Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.
MEG Energy Corp. (MEGEF)
Claim Your Complimentary Bitcoin Reward
Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.
MEG Energy announces 2023 financial and operating results
MEG Energy downgraded to Neutral from Overweight at JPMorgan
MEG Energy just downgraded at JPMorgan, here's why
MEG Energy Corp hosts conference call for investors
Meg James
See More Headlines
Receive MEGEF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MEG Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today
4/23/2024
Next Earnings (Estimated)
4/29/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
Current Symbol
OTCMKTS:MEGEF
CIK
N/A
Fax
N/A
Employees
449
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.67
High Stock Price Target
$13.00
Low Stock Price Target
$9.00
Potential Upside/Downside
-53.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Mr. Derek W. Evans B.Sc. (Age 67)
    P. Eng., President, CEO & Director
    Comp: $1.28M
  • Mr. Ryan M. Kubik C.A. (Age 56)
    CPA, CFA, CFO & Head of IR Group
    Comp: $724.68k
  • Ms. Darlene M. Gates (Age 53)
    Chief Operating Officer
    Comp: $817.08k
  • Mr. Lyle S. Yuzdepski
    Senior VP of Legal, General Counsel & Corporate Secretary
  • Mr. Thomas R. Gear
    Vice President of Operations
  • Mr. David Michael Granger
    Senior Vice President of Human Resources

MEGEF Stock Analysis - Frequently Asked Questions

Should I buy or sell MEG Energy stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MEGEF shares.
View MEGEF analyst ratings
or view top-rated stocks.

What is MEG Energy's stock price target for 2024?

2 Wall Street analysts have issued twelve-month price objectives for MEG Energy's stock. Their MEGEF share price targets range from $9.00 to $13.00. On average, they predict the company's share price to reach $10.67 in the next twelve months. This suggests that the stock has a possible downside of 53.3%.
View analysts price targets for MEGEF
or view top-rated stocks among Wall Street analysts.

How have MEGEF shares performed in 2024?

MEG Energy's stock was trading at $17.92 at the beginning of the year. Since then, MEGEF shares have increased by 27.3% and is now trading at $22.82.
View the best growth stocks for 2024 here
.

Are investors shorting MEG Energy?

MEG Energy saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,765,500 shares, a decrease of 29.8% from the March 15th total of 8,207,800 shares. Based on an average daily volume of 180,000 shares, the days-to-cover ratio is presently 32.0 days.
View MEG Energy's Short Interest
.

When is MEG Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our MEGEF earnings forecast
.

How do I buy shares of MEG Energy?

Shares of MEGEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MEGEF) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners