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Stock market today: Wall Street drifts to a mixed finish as yields tick higher
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How major US stock indexes fared Thursday, 4/18/2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
How major US stock indexes fared Thursday, 4/18/2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
How major US stock indexes fared Thursday, 4/18/2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
What's Driving Tesla Lower Ahead of its Earnings?
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
How major US stock indexes fared Thursday, 4/18/2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
OTCMKTS:MEGEF

MEG Energy (MEGEF) Stock Price, News & Analysis

$22.71
-0.36 (-1.56%)
(As of 05:33 PM ET)
Today's Range
$22.66
$23.31
50-Day Range
$17.71
$24.53
52-Week Range
$14.44
$24.59
Volume
153,397 shs
Average Volume
270,108 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
53.8% Downside
$10.67 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.93mentions 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.

0.23 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

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
MEG Energy Corp. (MEGEF)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
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
FURRY FRIDAY: Meet Meg the Dog
See More Headlines
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Company Calendar

Today
4/18/2024
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
-53.8%
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
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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 brokers have issued 1 year price targets for MEG Energy's stock. Their MEGEF share price targets range from $9.00 to $13.00. On average, they predict the company's stock price to reach $10.67 in the next year. This suggests that the stock has a possible downside of 53.8%.
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 start of the year. Since then, MEGEF stock has increased by 28.7% and is now trading at $23.07.
View the best growth stocks for 2024 here
.

Are investors shorting MEG Energy?

MEG Energy saw a decline in short interest in March. As of March 31st, there was short interest totaling 5,765,500 shares, a decline of 29.8% from the March 15th total of 8,207,800 shares. Based on an average daily trading 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 4/18/2024 by MarketBeat.com Staff

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