Closing Bell: Meg Energy Corp up on Tuesday (MEG)

In today's trading, Meg Energy Corp shares closed at $27.57 after opening the day at $27.25. It traded at a low of $27.25 to a high of $27.80.

The price advanced 0.92 percent from the previous day's close of $27.32.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

Meg Energy Corp has listed on the Toronto Stock Exchange (TSX) under the ticker MEG.

A total of 1,250,543 shares was traded during the last trading day, with total trades of 6,384, with an average volume of 1,174,029 over 5 days.

The TSX market on the whole today saw 2,584 price advancers against 2,644 declines and 86 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, the shares have boosted 14.78% in the last 12 months, while this year, they have boosted 16.48%.

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 $7.36 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.

Currently, Meg Energy Corp's consensus rating is "Moderate Buy" based on 12 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..