MEG : MEG Energy Corp Stock Profile
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MEG Energy Corp trades with the ticker MEG on the TSX and is in the Oil & Gas E&P industry.
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Overview
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.
MEG.TO Stock Price and Key Stats
MEG Stock Key Stats
Exchange: TSX
Market Cap : $6915.37MM
PE Ratio: 12.219
Price: (Updated: )
MEG Energy Corp (MEG) vs Competitors in Oil & Gas E&P
Lets see how MEG.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,551.17 | 19.766 | 6.962 | N/A% |
| Africa Oil Corp (AOI) | $819.578 | N/A | 7.83 | 3.7% |
| ARC Resources Ltd (ARX) | $13,772.705 | 11.969 | 5.314 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,888.109 | 35.4 | 9.932 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,508.198 | 35.0 | 9.181 | 7.1% |
Comparisons within Oil & Gas E&P
- MEG Energy Corp (MEG) vs Advantage Oil & Gas Ltd (AAV)
- MEG has higher EPS (2.1 vs 0.47). MEG provides dividends, while AAV does not. AAV has a higher P/E ratio (19.766 vs 12.219) indicating it’s more expensive.
- MEG Energy Corp (MEG) vs Africa Oil Corp (AOI)
- MEG has higher EPS (2.1 vs -0.11). AOI has higher dividend yield (3.7% vs 1.6%). AOI has a P/E under 0, indicating MEG (P/E 12.219) is in a better position.
- MEG Energy Corp (MEG) vs ARC Resources Ltd (ARX)
- MEG has higher EPS (2.1 vs 1.93). ARX has higher dividend yield (2.9% vs 1.6%). MEG has a higher P/E ratio (12.219 vs 11.969) indicating it’s more expensive.
- MEG Energy Corp (MEG) vs Athabasca Oil Corporation (ATH)
- MEG has higher EPS (2.1 vs 0.15). MEG provides dividends, while ATH does not. ATH has a higher P/E ratio (35.4 vs 12.219) indicating it’s more expensive.
- MEG Energy Corp (MEG) vs Birchcliff Energy Ltd (BIR)
- MEG has higher EPS (2.1 vs 0.16). BIR has higher dividend yield (7.1% vs 1.6%). BIR has a higher P/E ratio (35.0 vs 12.219) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (12.22) than the industry average (14.76), indicating potential undervaluation. Features a lower EV/EBITDA ratio (5.18) than the industry average (7.06), indicating attractive valuation.
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