Meg Energy Corp Stock Net Income
| MEG Stock | CAD 30.05 0.47 1.54% |
MEG Energy Corp fundamentals help investors to digest information that contributes to MEG Energy's financial success or failures. It also enables traders to predict the movement of MEG Stock. The fundamental analysis module provides a way to measure MEG Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MEG Energy stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 569 M | 597.5 M | |
| Net Income From Continuing Ops | 569 M | 597.5 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B | |
| Net Income Per Share | 2.00 | 2.10 | |
| Net Income Per E B T | 0.79 | 1.26 |
MEG | Net Income |
MEG Energy Corp Company Net Income Analysis
MEG Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current MEG Energy Net Income | 569 M |
Most of MEG Energy's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MEG Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MEG Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for MEG Energy is extremely important. It helps to project a fair market value of MEG Stock properly, considering its historical fundamentals such as Net Income. Since MEG Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MEG Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MEG Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
MEG Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, MEG Energy Corp reported net income of 569 M. This is 74.95% lower than that of the Oil, Gas & Consumable Fuels sector and 65.34% higher than that of the Energy industry. This indicator is about the same for all Canada stocks average (which is currently at 5.7097980139E8).
MEG Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MEG Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MEG Energy could also be used in its relative valuation, which is a method of valuing MEG Energy by comparing valuation metrics of similar companies.MEG Energy is currently under evaluation in net income category among related companies.
MEG Fundamentals
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0847 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 9.45 B | |||
| Shares Outstanding | 272.6 M | |||
| Shares Owned By Insiders | 0.32 % | |||
| Shares Owned By Institutions | 41.34 % | |||
| Number Of Shares Shorted | 4.83 M | |||
| Price To Earning | 26.68 X | |||
| Price To Book | 1.89 X | |||
| Price To Sales | 1.52 X | |||
| Revenue | 6.11 B | |||
| Gross Profit | 3.13 B | |||
| EBITDA | 1.53 B | |||
| Net Income | 569 M | |||
| Cash Per Share | 0.16 X | |||
| Total Debt | 1.82 B | |||
| Debt To Equity | 0.87 % | |||
| Current Ratio | 1.41 X | |||
| Book Value Per Share | 16.56 X | |||
| Cash Flow From Operations | 1.35 B | |||
| Short Ratio | 3.53 X | |||
| Earnings Per Share | 2.06 X | |||
| Price To Earnings To Growth | (0.12) X | |||
| Target Price | 34.97 | |||
| Number Of Employees | 449 | |||
| Beta | 3.12 | |||
| Market Capitalization | 8.32 B | |||
| Total Asset | 6.9 B | |||
| Retained Earnings | (531 M) | |||
| Working Capital | 278 M | |||
| Current Asset | 611.33 M | |||
| Current Liabilities | 248.3 M | |||
| Net Asset | 6.9 B |
About MEG Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MEG Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MEG Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MEG Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MEG Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the MEG Energy Corp information on this page should be used as a complementary analysis to other MEG Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for MEG Stock analysis
When running MEG Energy's price analysis, check to measure MEG Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MEG Energy is operating at the current time. Most of MEG Energy's value examination focuses on studying past and present price action to predict the probability of MEG Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEG Energy's price. Additionally, you may evaluate how the addition of MEG Energy to your portfolios can decrease your overall portfolio volatility.
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