Added to YB: 2025-01-16
Pitch date: 2025-01-14
MEG.TO [neutral]
MEG Energy Corp.
+31.31%
current return
Author Info
No bio for this author
Company Info
MEG Energy Corp., an energy company, focuses on in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada.
Market Cap
CAD 5.1B
Pitch Price
CAD 23.52
Price Target
N/A
Dividend
2.00%
EV/EBITDA
4.07
P/E
10.67
EV/Sales
1.17
Sector
Oil, Gas and Consumable Fuels
Category
growth
ClearBridge Canadian Equity Strategy New Position: MEG Energy Corp.
MEG.TO: Canadian oil sands operator using steam-assisted gravity drainage at Christina Lake. High-quality asset, efficient ops & disciplined capital allocation drive long-term growth potential. Focused on sustainable production, environmental responsibility & shareholder returns. Uniquely positioned in Athabasca region.
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