MEG Energy Corp.
MEGEF
Price:
$19.02
Market Cap:
$6.99B
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
PE Ratio
[14.41]
ROE
[11.06%]
Current Ratio
[1.55]
Dividend Yield
[0.28%]
Enterprise Value
[7.89B]
Dividend History
The PE Ratio as of November 2024 (TTM) for MEG Energy Corp. (MEGEF) is 14.41
According to MEG Energy Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 14.41. This represents a change of -7.77% compared to the average of 15.62 of the last 4 quarters.
MEG Energy Corp. (MEGEF) Historical PE Ratio (quarterly & annually)
How has MEGEF PE Ratio performed in the past?
The mean historical PE Ratio of MEG Energy Corp. over the last ten years is -6.56. The current 14.41 PE Ratio has changed -22071.27% with respect to the historical average. Over the past ten years (40 quarters), MEGEF's PE Ratio was at its highest in in the March 2017 quarter at 289.13. The PE Ratio was at its lowest in in the March 2021 quarter at -29.22.
Average
-6.56
Median
-2.60
Minimum
-41.28
Maximum
12.63
MEG Energy Corp. (MEGEF) PE Ratio by Quarter and Year
Discovering the peaks and valleys of MEG Energy Corp. PE Ratio, 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 = 234.98%
Maximum Annual PE Ratio = 12.63
Minimum Annual Increase = -436.31%
Minimum Annual PE Ratio = -41.28
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 11.89 | 87.00% |
| 2022 | 6.36 | -49.66% |
| 2021 | 12.63 | -436.31% |
| 2020 | -3.76 | -89.43% |
| 2019 | -35.54 | 88.81% |
| 2018 | -18.82 | -303.05% |
| 2017 | 9.27 | -290.29% |
| 2016 | -4.87 | 234.98% |
| 2015 | -1.45 | -96.48% |
| 2014 | -41.28 | 1.29% |
MEG Energy Corp. (MEGEF) Average PE Ratio
How has MEGEF PE Ratio performed in the past?
The current PE Ratio of MEG Energy Corp. (MEGEF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
10.29
5-year avg
-1.68
10-year avg
-6.56
MEG Energy Corp. (MEGEF) PE Ratio vs. Peers
How is MEGEF’s PE Ratio compared to its peers?
MEG Energy Corp.’s PE Ratio is greater than Gear Energy Ltd. (11.98), less than Cardinal Energy Ltd. (0), greater than Whitecap Resources Inc. (10.63), greater than Spartan Delta Corp. (7.27), greater than Yangarra Resources Ltd. (4.42), greater than Kelt Exploration Ltd. (2.92), less than Athabasca Oil Corporation (27.52), greater than Surge Energy Inc. (12.88), greater than PrairieSky Royalty Ltd. (-7.51), less than Tourmaline Oil Corp. (32.66), less than null (15.47),
| Company | PE Ratio | Market cap |
|---|---|---|
| 11.98 | $104.39M | |
| 0 | $769.07M | |
| 10.63 | $4.50B | |
| 7.27 | $460.07M | |
| 4.42 | $72.67M | |
| 2.92 | $982.04M | |
| 27.52 | $2.08B | |
| 12.88 | $435.75M | |
| -7.51 | $5.20B | |
| 32.66 | $17.96B | |
| 15.47 | $0 |
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