CA$ 29.29
Key Takeaways
Risk factor
Good trading liquidity
Profitability factor
Good margins and returns
About
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...
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r
Target Price
The average target price of MEG.TO is 29 and suggests 1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation s
