Closing Bell: Meg Energy Corp down on Monday (MEG)

Today in trading, shares of Meg Energy Corp opened at $27.86 and closed at $27.32. Intraday prices ranged from $27.12 to $27.94.

The price dipped -2.11% from the previous day's close of $27.91.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Meg Energy Corp traded under MEG on the Toronto Stock Exchange (TSX).

A total of 1,082,374 shares was traded during the last trading day, with total trades of 6,628, with an average volume of 1,202,715 over 5 days.

The TSX overall saw 1,903 price advancers against 3,356 declines and 91 unchanged.

During the prior 52 weeks, MEG.TO has traded as high as $33.70 (April 10,2024) and low as $22.59 (August 24,2023). Moreover, in the last 12 months, Meg Energy Corp's shares have advanced 13.74 percent, while they have advanced 15.42% since the start of 2024.

It announced a 0.10 dividend on July 25/24, with an September 17/24 ex-date and October 15/24 pay day.

Following today's trading, Meg Energy Corp has a market capitalization of $7.52 billion on a float of 269,500 shares outstanding. Its annual EPS is $2.10.

Meg Energy Corp is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Meg Energy Corp is holding an average recommendation of "Moderate Buy" from 12.00 analysts according to Zacks. Currently, there are 4 buy ratings and 8 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..