Meg Energy Corp Stock Net Income

MEGEF Stock  USD 16.38  0.18  1.09%   
MEG Energy Corp fundamentals help investors to digest information that contributes to MEG Energy's financial success or failures. It also enables traders to predict the movement of MEG Pink Sheet. The fundamental analysis module provides a way to measure MEG Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MEG Energy pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

MEG Energy Corp Company Net Income Analysis

MEG Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current MEG Energy Net Income

    
  283 M  
Most of MEG Energy's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MEG Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, MEG Energy Corp reported net income of 283 M. This is 87.54% lower than that of the Oil, Gas & Consumable Fuels sector and 17.77% lower than that of the Energy industry. The net income for all United States stocks is 50.44% higher than that of the company.

MEG Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MEG Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of MEG Energy could also be used in its relative valuation, which is a method of valuing MEG Energy by comparing valuation metrics of similar companies.
MEG Energy is currently under evaluation in net income category among its peers.

MEG Fundamentals

About MEG Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MEG Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MEG Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MEG Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in MEG Pink Sheet

MEG Energy financial ratios help investors to determine whether MEG Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MEG with respect to the benefits of owning MEG Energy security.