Derek Evans - MEG Energy President, Chief Executive Officer, Director
| MEG Stock | CAD 31.31 1.22 3.75% |
CEO
Mr. Derek W. Evans is President, Chief Executive Officer, Director of the Company. Mr. Evans has over 35 years experience in the Canadian oil and gas business, including nine years as the CEO of Pengrowth Energy and six years as the CEO of Focus Energy Trust since 2018.
| Age | 62 |
| Tenure | 6 years |
| Address | Mail Room, Calgary, AB, Canada, T2P 0G5 |
| Phone | 403-770-0446 |
| Web | https://www.megenergy.com |
MEG Energy Management Efficiency
The company has return on total asset (ROA) of 0.0794 % which means that it generated a profit of $0.0794 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1277 %, meaning that it generated $0.1277 on every $100 dollars invested by stockholders. MEG Energy's management efficiency ratios could be used to measure how well MEG Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of May 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.15. At this time, MEG Energy's Fixed Asset Turnover is very stable compared to the past year. As of the 1st of May 2024, Return On Assets is likely to grow to 0.09, while Non Currrent Assets Other are likely to drop about 132.9 M.Similar Executives
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| Myron Stadnyk | ARC Resources | 56 | |
| Brian Schmidt | Tamarack Valley Energy | 66 | |
| Ian Dundas | Enerplus | 50 | |
| Eric Greager | Baytex Energy Corp | 54 | |
| James Bowzer | Baytex Energy Corp | 56 | |
Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0794 |
MEG Energy Corp Leadership Team
Elected by the shareholders, the MEG Energy's board of directors comprises two types of representatives: MEG Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MEG. The board's role is to monitor MEG Energy's management team and ensure that shareholders' interests are well served. MEG Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MEG Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John McCoshen, Vice President - Finance, Treasurer | ||
| William Klesse, Independent Director | ||
| Robert Hodgins, Independent Director | ||
| Ian Bruce, Independent Director | ||
| Don Moe, Senior Vice President - Supply and Marketing | ||
| Grant Billing, Independent Director | ||
| CFA CA, Chief Officer | ||
| Derek Evans, President, Chief Executive Officer, Director | ||
| Peter Kagan, Independent Director | ||
| Donald Moe, Vice President - Supply and Marketing | ||
| John Rogers, Vice President - Investor Relations & External Communications | ||
| Diana McQueen, Independent Director | ||
| Lyle Yuzdepski, Senior Vice President General Counsel, Corporate Secretary | ||
| Jeremy Gizen, Vice President - Production Operations & Engineering | ||
| Chris Sloof, Vice President - Projects | ||
| Eric Toews, Chief Financial Officer | ||
| Darlene Gates, Chief Officer | ||
| Scott Carrothers, Vice President - Finance, Treasurer | ||
| John Nearing, Vice President - Finance and Corporate Services | ||
| Daniel Farb, Director | ||
| Harvey Doerr, Independent Director | ||
| Stephen Diotte, Vice President - Human Resources, IT and Corporate Services | ||
| Thomas Gear, Vice Operations | ||
| Grant Borbridge, Vice President - legal, General Counsel, Corporate Secretary | ||
| David Granger, Senior Resources | ||
| Judy Fairburn, Independent Director | ||
| Helen MBA, Director Relations | ||
| James McFarland, Independent Director | ||
| Helen Kelly, Director - Investor Relations | ||
| Timothy Hodgson, Independent Director | ||
| CA CA, Chief Officer | ||
| Grant Boyd, Sr. VP of Resource Management for Growth Properties | ||
| Jeffrey McCaig, Independent Chairman of the Board | ||
| Don Sutherland, Vice President - Regulatory & Community Relations | ||
| ChiTak Yee, Senior Vice President - Reservoir and Geosciences | ||
| Jamey Fitzgibbon, Senior Vice President - Resource Management-Christina Lake and Special Projects | ||
| David Wizinsky, Corporate Secretary, Director | ||
| Boyd Anderson, Lead Independent Director | ||
| David Krieger, Independent Director | ||
| William McCaffrey, Chairman of the Board and Presidentident, CEO | ||
| Richard Sendall, Senior Vice President - Strategy and Government Relations |
MEG Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MEG Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0794 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 10.06 B | ||||
| Shares Outstanding | 272.6 M | ||||
| Shares Owned By Insiders | 0.32 % | ||||
| Shares Owned By Institutions | 43.81 % | ||||
| Number Of Shares Shorted | 4.83 M | ||||
| Price To Earning | 26.68 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MEG Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MEG Energy's short interest history, or implied volatility extrapolated from MEG Energy options trading.
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Complementary Tools for MEG Stock analysis
When running MEG Energy's price analysis, check to measure MEG Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MEG Energy is operating at the current time. Most of MEG Energy's value examination focuses on studying past and present price action to predict the probability of MEG Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEG Energy's price. Additionally, you may evaluate how the addition of MEG Energy to your portfolios can decrease your overall portfolio volatility.
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