MEG Energy Corp. (TSE:MEG – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$30.80 and traded as low as C$30.49. MEG Energy shares last traded at C$30.89, with a volume of 6,350,674 shares.
MEG Energy Stock Performance
The stock has a market cap of C$7.86 billion, a PE ratio of 14.64, a PEG ratio of 0.17 and a beta of 0.45. The stock has a fifty day simple moving average of C$30.89 and a two-hundred day simple moving average of C$30.80. The company has a debt-to-equity ratio of 22.34, a quick ratio of 1.17 and a current ratio of 1.73.
MEG Energy Company Profile
MEG Energy is engaged in in situ oil sands development and production in Alberta, Canada. As of March 2021, the company reported estimated net proved and probable reserves of 2 billion barrels of oil equivalent. Net production averaged 82,000 barrels per day in 2020.
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