MEG Energy Corp. (OTCMKTS:MEGEF – Get Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $17.31 and traded as low as $16.43. MEG Energy shares last traded at $16.48, with a volume of 404,988 shares traded.
MEG Energy Stock Performance
The company has a 50-day moving average of $17.20 and a 200 day moving average of $18.74.
MEG Energy Cuts Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 17th will be given a $0.0722 dividend. This represents a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, December 16th.
MEG Energy Company Profile
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions.
See Also
- Five stocks we like better than MEG Energy
- What is a Bond Market Holiday? How to Invest and Trade
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- What Do S&P 500 Stocks Tell Investors About the Market?
- How Do Stock Buybacks Affect Shareholders?
- Where to Find Earnings Call Transcripts
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
Receive News & Ratings for MEG Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MEG Energy and related companies with MarketBeat.com's FREE daily email newsletter.
