MEG Energy Corp.

MEG Energy Corp.verified

MEGEF

Price:

$16.1

Market Cap:

$6.09B

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. The company transports and sells thermal oil to refiners in North America and internationally. As of December 31, 2021, it had approximately 2.0 billion barrels of gross proved plus probable bitumen reserves at the Christina Lake Project. The company was incorporated in 1999 and is headquartered...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2011-04-06

Stock Exchange

PNK

Ticker

MEGEF

The Enterprise Value as of December 2024 (TTM) for MEG Energy Corp. (MEGEF) is 6.99B

According to MEG Energy Corp.’s latest financial reports and current stock price. The company's current Enterprise Value is 6.99B. This represents a change of -18.57% compared to the average of 8.58B of the last 4 quarters.

MEG Energy Corp. (MEGEF) Historical Enterprise Value (quarterly & annually)

How has MEGEF Enterprise Value performed in the past?

The mean historical Enterprise Value of MEG Energy Corp. over the last ten years is 6.46B. The current 6.99B Enterprise Value has changed 10.72% with respect to the historical average. Over the past ten years (40 quarters), MEGEF's Enterprise Value was at its highest in in the March 2024 quarter at 9.78B. The Enterprise Value was at its lowest in in the March 2020 quarter at 3.65B.

Quarterly (TTM)
Annual

Average

6.46B

Median

6.42B

Minimum

4.43B

Maximum

8.08B

MEG Energy Corp. (MEGEF) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of MEG Energy Corp. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 41.09%

Maximum Annual Enterprise Value = 8.08B

Minimum Annual Increase = -18.26%

Minimum Annual Enterprise Value = 4.43B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20237.98B8.42%
20227.36B17.87%
20216.25B41.09%
20204.43B-18.12%
20195.41B-5.45%
20185.72B-0.53%
20175.75B-17.83%
20167.00B6.01%
20156.60B-18.26%
20148.08B-16.01%

MEG Energy Corp. (MEGEF) Average Enterprise Value

How has MEGEF Enterprise Value performed in the past?

The current Enterprise Value of MEG Energy Corp. (MEGEF) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.20B

5-year avg

6.29B

10-year avg

6.46B

MEG Energy Corp. (MEGEF) Enterprise Value vs. Peers

How is MEGEF’s Enterprise Value compared to its peers?

MEG Energy Corp.’s Enterprise Value is greater than Gear Energy Ltd. (140.58M), less than Cardinal Energy Ltd. (0), greater than Whitecap Resources Inc. (1.08B), less than Spartan Delta Corp. (7.05B), greater than Yangarra Resources Ltd. (696.18M), greater than Kelt Exploration Ltd. (215.08M), greater than Athabasca Oil Corporation (1.35B), greater than Surge Energy Inc. (2.54B), greater than PrairieSky Royalty Ltd. (780.70M), greater than Tourmaline Oil Corp. (6.71B), less than null (25.18B),

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