MEG Energy is now ranked among the top 25 undervalued large cap dividend-paying stocks on the Toronto Stock Exchange (TSX). A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). Large caps market capitalization (10-200B).
All data provided as-at market close February 07, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Companies included above paid a dividend in the last 12-months. MEG Energy MEG Energy Corp is an oil exploration company. It is engaged in the development of oil sands in Alberta. It has two commercial SAGD projects; the Christina Lake Project and the Surmont Project. MEG Energy is listed under MEG on the Toronto Stock Exchange.
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Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.
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