TO · MEG.TO
MEG Energy Corp.
- Sector
- Energy · Oil & Gas Exploration & Production
- Headquarters
- Calgary, AB T2P 0G5
- Website
- megenergy.com
Price · as of 2024-12-31
$30.89
Market cap 7.86B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $38.22 | +23.73% |
| Intrinsic Value(DCF) | $16.69 | -45.97% |
| Graham-Dodd Method(GD) | $24.75 | -19.87% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $45.56 | $476.18 | $0.00 | $23.09 | $788.44 |
| 2011 | $39.75 | $48.87 | $9.16 | $22.38 | $15.85 |
| 2012 | $32.72 | $60.70 | $23.47 | $26.10 | $2.58 |
| 2013 | $32.75 | $54.14 | $9.44 | $17.84 | $0.00 |
| 2014 | $18.03 | $22.12 | $3.43 | $18.99 | $0.00 |
| 2015 | $6.24 | $19.12 | $4.23 | $0.00 | $117.11 |
| 2016 | $6.46 | $19.83 | $0.07 | $5.07 | $0.00 |
| 2017 | $4.87 | $23.92 | $7.49 | $16.58 | $22.79 |
| 2018 | $4.97 | $13.26 | $7.53 | $11.13 | $0.00 |
| 2019 | $5.47 | $18.81 | $109.17 | $12.00 | $0.00 |
| 2020 | $7.39 | $23.54 | $0.00 | $5.70 | $37.43 |
| 2021 | $18.31 | $32.04 | $311.62 | $17.07 | $85.90 |
| 2022 | $21.79 | $50.39 | $673.88 | $29.25 | $142.19 |
| 2023 | $28.34 | $43.31 | $336.75 | $25.87 | $1.72 |
| 2024 | $22.51 | $38.22 | $24.02 | $24.75 | $0.00 |
AI valuation
Our deep-learning model estimates MEG Energy Corp.'s (MEG.TO) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $38.22
- Current price
- $30.89
- AI upside
- +23.73%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$16.69
-45.97% upside
Graham-Dodd
$24.75
-19.87% upside
Graham Formula
—
— upside
About MEG Energy Corp.
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.
- CEO
- Darlene Gates
- Employees
- 473
- Beta
- 1.01
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($16.69 ÷ $30.89) − 1 = -45.97% (DCF, example).