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

Meg Energy Corp opened trading today at $27.34 and closed at $26.33. Intraday prices ranged from a low of $25.90 to a high of $27.53.

The price eased -5.66% from the previous day's close of $27.91.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 2,184,863 on 12,553 total trades, while having an average volume of 1,501,943 over the last 5-days.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 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 12 months, while this year, they have advanced 11.24%.

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 $7.10 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. From those 12 analysts, 4 have buy ratings and 8 analysts gave hold ratings.

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..