MEG Energy Financials
| MEGEF Stock | USD 16.38 0.18 1.09% |
MEG |
MEG Energy Stock Summary
MEG Energy competes with Gear Energy, Tamarack Valley, Cardinal Energy, Whitecap Resources, and Spartan Delta. 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 was incorporated in 1999 and is headquartered in Calgary, Canada. MEG ENERGY operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 411 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA5527041084 |
| Business Address | 600 3rd Avenue |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.megenergy.com |
| Phone | 403 770 0446 |
| Currency | USD - US Dollar |
MEG Energy Key Financial Ratios
There are many critical financial ratios that MEG Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that MEG Energy Corp reports annually and quarterly.MEG Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MEG Energy's current stock value. Our valuation model uses many indicators to compare MEG Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MEG Energy competition to find correlations between indicators driving MEG Energy's intrinsic value. More Info.MEG Energy Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.59 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MEG Energy Corp is roughly 1.68 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MEG Energy's earnings, one of the primary drivers of an investment's value.MEG Energy Corp Systematic Risk
MEG Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MEG Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on MEG Energy Corp correlated with the market. If Beta is less than 0 MEG Energy generally moves in the opposite direction as compared to the market. If MEG Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MEG Energy Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MEG Energy is generally in the same direction as the market. If Beta > 1 MEG Energy moves generally in the same direction as, but more than the movement of the benchmark.
MEG Energy February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MEG Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MEG Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of MEG Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing MEG Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MEG Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.7 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 3.27 |
Complementary Tools for MEG Pink Sheet analysis
When running MEG Energy's price analysis, check to measure MEG Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MEG Energy is operating at the current time. Most of MEG Energy's value examination focuses on studying past and present price action to predict the probability of MEG Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEG Energy's price. Additionally, you may evaluate how the addition of MEG Energy to your portfolios can decrease your overall portfolio volatility.
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