Report
EUR 13.96 For Business Accounts Only

For MEG ENERGY, the environment deterioration entails a downgrade to Neutral

MEG ENERGY (CA), a company active in the Exploration & Production industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date January 18, 2022, the closing price was CAD 14.39 and its expected value was estimated at CAD 11.91.
Underlying
MEG Energy Corp.

MEG Energy is engaged in a steam assisted gravity drainage oil sands development at its 80 section Christina Lake Regional Project. As of Dec 31 2010, Co. had total proved bitumen reserves of 605.9 gross thousand barrels (470.5 net thousand barrels).

Provider
TheScreener
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