Skip to main content

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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today in trading, Meg Energy Corp shares opened at $27.34 and closed at $26.33. It traded at a low of $25.90 to a high of $27.53.

Shares dipped -5.66 percent from the previous day's close of $27.91.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 2,184,863 shares was traded during the last trading day, with total trades of 12,553, while having an average volume of 1,501,983 in the last five days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 advanced 11.52% in the last year, while they have advanced 11.24% 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.

Currently, Meg Energy Corp has an average recommendation of "Moderate Buy" based on 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..