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 ROE as of November 2024 (TTM) for MEG Energy Corp. (MEGEF) is 11.06%
According to MEG Energy Corp.’s latest financial reports and current stock price. The company's current ROE is 11.06%. This represents a change of 300.76% compared to the average of 2.76% of the last 4 quarters.
MEG Energy Corp. (MEGEF) Historical ROE (quarterly & annually)
How has MEGEF ROE performed in the past?
The mean historical ROE of MEG Energy Corp. over the last ten years is -1.72%. The current 11.06% ROE has changed -744.66% with respect to the historical average. Over the past ten years (40 quarters), MEGEF's ROE was at its highest in in the March 2022 quarter at 8.66%. The ROE was at its lowest in in the March 2015 quarter at -11.88%.
Average
-1.72%
Median
-1.91%
Minimum
-31.80%
Maximum
20.58%
MEG Energy Corp. (MEGEF) ROE by Quarter and Year
Discovering the peaks and valleys of MEG Energy Corp. ROE, 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 = 1.34%
Maximum Annual ROE = 20.58%
Minimum Annual Increase = -173.27%
Minimum Annual ROE = -31.80%
| Year | ROE | Change |
|---|---|---|
| 2023 | 12.57% | -38.92% |
| 2022 | 20.58% | 176.91% |
| 2021 | 7.43% | -172.98% |
| 2020 | -10.18% | 532.80% |
| 2019 | -1.61% | -47.55% |
| 2018 | -3.07% | -173.27% |
| 2017 | 4.19% | -132.10% |
| 2016 | -13.04% | -58.99% |
| 2015 | -31.80% | 1.34% |
| 2014 | -2.21% | -36.31% |
MEG Energy Corp. (MEGEF) Average ROE
How has MEGEF ROE performed in the past?
The current ROE of MEG Energy Corp. (MEGEF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
13.53%
5-year avg
5.76%
10-year avg
-1.72%
MEG Energy Corp. (MEGEF) ROE vs. Peers
How is MEGEF’s ROE compared to its peers?
MEG Energy Corp.’s ROE is less than Gear Energy Ltd. (5.08%), less than Cardinal Energy Ltd. (0%), less than Whitecap Resources Inc. (11.24%), less than Spartan Delta Corp. (15.86%), less than Yangarra Resources Ltd. (35.21%), less than Kelt Exploration Ltd. (6.30%), less than Athabasca Oil Corporation (5.40%), less than Surge Energy Inc. (14.73%), greater than PrairieSky Royalty Ltd. (-10.13%), less than Tourmaline Oil Corp. (8.08%), less than null (11.08%),
| Company | ROE | Market cap |
|---|---|---|
| 5.08% | $104.39M | |
| 0% | $769.07M | |
| 11.24% | $4.50B | |
| 15.86% | $460.07M | |
| 35.21% | $72.67M | |
| 6.30% | $982.04M | |
| 5.40% | $2.08B | |
| 14.73% | $435.75M | |
| -10.13% | $5.20B | |
| 8.08% | $17.96B | |
| 11.08% | $0 |
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