MEG Energy Corp.

Toronto Stock Exchange MEG.TO

MEG Energy Corp. Price to Earnings Ratio (P/E) on January 14, 2025: 10.12

MEG Energy Corp. Price to Earnings Ratio (P/E) is 10.12 on January 14, 2025, a -10.98% change year over year. Price to earnings ratio compares the stock price to earnings per share; higher P/E suggests expectations for future earnings growth.

MEG Energy Corp. 52-week high Price to Earnings Ratio (P/E) is 15.27 on April 05, 2024, which is 50.90% above the current Price to Earnings Ratio (P/E).
MEG Energy Corp. 52-week low Price to Earnings Ratio (P/E) is 9.45 on December 20, 2024, which is -6.64% below the current Price to Earnings Ratio (P/E).
MEG Energy Corp. average Price to Earnings Ratio (P/E) for the last 52 weeks is 12.35.

Key data

Date	Price to Earnings Ratio (P/E)	Price to Sales Ratio (P/S)	Price to Book Ratio (P/B)	Dividend Yield

Toronto Stock Exchange: MEG.TO

MEG Energy Corp.

CEO	Ms. Darlene M. Gates
IPO Date	Aug. 17, 2010
Location	Canada
Headquarters	600 - 3rd Avenue SW
Employees	449
Sector	Energy
Industries Oil & Gas Geothermal Energy Oil Refining

Description

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 in Calgary, Canada.

Key trends

Past 5 years