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

Meg Energy Corp opened trading today at $28.00 and closed at $28.61. prices ranged from a low of $27.92 to a high of $28.75.

Shares raised 3.77 percent from the previous day's close of $27.57.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 1,789,374 shares was traded during the session, with total trades of 11,134, with an average volume of 1,360,504 in the last five days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 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 boosted 19.11%, while in 2024, they have boosted 20.87%.

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 $7.43 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.

Based on 12.00 analysts, Meg Energy Corp gets an average recommendation of "Moderate Buy" according to Zacks. From those 12 analysts, 4 have buy ratings and 8 analysts gave hold ratings.

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