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5-day change | 1st Jan Change | ||
28.68 CAD | +1.31% | +1.96% | +21.17% |
Jun. 06 | MEG Energy Brief: Raised To Buy From Hold at TD Cowen, according to BNN TV; Shares Up 2.5% | MT |
May. 08 | MEG Energy Corp. Approves Election of Robert R. Rooney as Director | CI |
Summary
- Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths
- The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
- The company's attractive earnings multiples are brought to light by a P/E ratio at 11 for the current year.
- The company has a low valuation given the cash flows generated by its activity.
- For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
- The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
- Over the past four months, analysts' average price target has been revised upwards significantly.
- Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
Weaknesses
- According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
- The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
- Revenue estimates are regularly revised downwards for the current and coming years.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Oil & Gas Exploration and Production
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+21.17% | 5.66B | B+ | ||
+4.25% | 7.23B | C+ | ||
-11.39% | 66.8M | - | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
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- Ratings MEG Energy Corp.