MEGEF
Price:
$22.05
Market Cap:
$7.86B
MEG Energy Corp. operates as an energy enterprise, primarily specializing in the responsible, in-situ production of thermal oil within Alberta, Canada's southern Athabasca oil region. The company holds full ownership of mineral leases spanning approximately 410 square miles. It also develops advanced oil recovery initiatives, employing steam-assisted gravity drainage (SAGD) techniques designed to both enhance crude oil retrieval and mitigate carbon emissions. MEG Energy ensures the transportation and distribution of its thermal oil product to refiners across North America and internationally. As of December 31, 2021, its Christina Lake Project boasted substantial gross proved plus probable b...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2011-04-06
Stock Exchange
OTC
Ticker
MEGEF
According to MEG Energy Corp.’s latest financial reports and current stock price. The company's current ROE is 11.73%. This represents a change of 300.37% compared to the average of 2.93% of the last 4 quarters.
The mean historical ROE of MEG Energy Corp. over the last ten years is -0.38%. The current 11.73% ROE has changed -3187.49% with respect to the historical average. Over the past ten years (40 quarters), MEGEF's ROE was at its highest in in the March 2022 quarter at 8.66%. The ROE was at its lowest in in the December 2016 quarter at -9.27%.
Average
-0.38%
Median
1.29%
Minimum
-31.80%
Maximum
20.58%
Discovering the peaks and valleys of MEG Energy Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.34%
Maximum Annual ROE = 20.58%
Minimum Annual Increase = -173.15%
Minimum Annual ROE = -31.80%
| Year | ROE | Change |
|---|---|---|
| 2024 | 11.14% | -11.41% |
| 2023 | 12.57% | -38.92% |
| 2022 | 20.58% | 176.91% |
| 2021 | 7.43% | -172.98% |
| 2020 | -10.18% | 532.80% |
| 2019 | -1.61% | -47.46% |
| 2018 | -3.06% | -173.15% |
| 2017 | 4.19% | -132.10% |
| 2016 | -13.04% | -58.99% |
| 2015 | -31.80% | 1.34% |
The current ROE of MEG Energy Corp. (MEGEF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
14.76%
5-year avg
8.31%
10-year avg
-0.38%
MEG Energy Corp.’s ROE is less than Prio S.A. Unsponsored ADR (9.76%), less than Delek Group Ltd. (34.77%), less than Vista Energy, S.A.B. de C.V. (30.86%), less than Koninklijke Vopak N.V. (19.37%), less than Delek Group Ltd. (34.77%), less than MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (4.44%), less than NewMed Energy - Limited Partnership (12.09%), less than Subsea 7 S.A. (11.39%), less than Koninklijke Vopak N.V. (19.37%), less than Saipem S.p.A. (9.16%),
| Company | ROE | Market cap |
|---|---|---|
| 9.76% | $8.76B | |
| 34.77% | $5.29B | |
| 30.86% | $8.36B | |
| 19.37% | $6.10B | |
| 34.77% | $5.50B | |
| 4.44% | $7.86B | |
| 12.09% | $6.67B | |
| 11.39% | $10.22B | |
| 19.37% | $6.02B | |
| 9.16% | $9.78B |
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