MEG Energy Corp. (TSE:MEG – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$30.89 and traded as high as C$31.03. MEG Energy shares last traded at C$30.89, with a volume of 6,350,674 shares changing hands.
MEG Energy Stock Up 0.7%
The company has a market cap of C$7.86 billion, a P/E ratio of 14.64, a P/E/G ratio of 0.17 and a beta of 0.45. The company’s 50-day moving average is C$30.89 and its two-hundred day moving average is C$30.89. The company has a debt-to-equity ratio of 22.34, a current ratio of 1.73 and a quick ratio of 1.17.
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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