MEGEF
Price
$15.44
Change
-$0.14 (-0.90%)
Updated
Dec 20 closing price
VRN
Price
$4.65
Change
+$0.21 (+4.73%)
Updated
Dec 20, 04:59 PM (EDT)
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MEGEF vs VRN

Header iconMEGEF vs VRN Comparison
Open Charts MEGEF vs VRNBanner chart's image
Meg Energy
Price$15.44
Change-$0.14 (-0.90%)
Volume$47.71K
CapitalizationN/A
Veren
Price$4.65
Change+$0.21 (+4.73%)
Volume$50.5K
CapitalizationN/A
MEGEF vs VRN Comparison Chart
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MEGEF
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
VRN
Daily Signalchanged days ago
Gain/Loss if bought
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MEGEF vs. VRN commentary
Dec 22, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is MEGEF is a Sell and VRN is a Hold.

COMPARISON
Comparison
Dec 22, 2024
Stock price -- (MEGEF: $15.44 vs. VRN: $4.66)
Brand notoriety: MEGEF and VRN are both not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: MEGEF: 121% vs. VRN: 191%
Market capitalization -- MEGEF: $5.06B vs. VRN: $5.11B
MEGEF [@Oil & Gas Production] is valued at $5.06B. VRN’s [@Oil & Gas Production] market capitalization is $5.11B. The market cap for tickers in the [@Oil & Gas Production] industry ranges from $151.38B to $0. The average market capitalization across the [@Oil & Gas Production] industry is $4.11B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

MEGEF’s FA Score shows that 1 FA rating(s) are green whileVRN’s FA Score has 1 green FA rating(s).

  • MEGEF’s FA Score: 1 green, 4 red.
  • VRN’s FA Score: 1 green, 4 red.
According to our system of comparison, MEGEF is a better buy in the long-term than VRN.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MEGEF’s TA Score shows that 3 TA indicator(s) are bullish while VRN’s TA Score has 4 bullish TA indicator(s).

  • MEGEF’s TA Score: 3 bullish, 5 bearish.
  • VRN’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, VRN is a better buy in the short-term than MEGEF.

Price Growth

MEGEF (@Oil & Gas Production) experienced а -7.25% price change this week, while VRN (@Oil & Gas Production) price change was -4.12% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was +45.78%. For the same industry, the average monthly price growth was -5.64%, and the average quarterly price growth was -9.04%.

Reported Earning Dates

VRN is expected to report earnings on Jul 25, 2024.

Industries' Descriptions

@Oil & Gas Production (+45.78% weekly)

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

SUMMARIES
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FUNDAMENTALS
Fundamentals
VRN($5.11B) and MEGEF($5.06B) have the same market capitalization . MEGEF has higher P/E ratio than VRN: MEGEF (13.26) vs VRN (7.56). MEGEF YTD gains are higher at: -13.839 vs. VRN (-32.756). VRN has higher annual earnings (EBITDA): 2.24B vs. MEGEF (1.42B). MEGEF has more cash in the bank: 66M vs. VRN (17.3M). MEGEF has less debt than VRN: MEGEF (1.62B) vs VRN (3.71B). MEGEF has higher revenues than VRN: MEGEF (6B) vs VRN (3.19B).
MEGEFVRNMEGEF / VRN
Capitalization5.06B5.11B99%
EBITDA1.42B2.24B63%
Gain YTD-13.839-32.75642%
P/E Ratio13.267.56175%
Revenue6B3.19B188%
Total Cash66M17.3M382%
Total Debt1.62B3.71B44%
FUNDAMENTALS RATINGS
MEGEF vs VRN: Fundamental Ratings
MEGEF
VRN
OUTLOOK RATING
1..100
5055
VALUATION
overvalued / fair valued / undervalued
1..100
64
Fair valued
19
Undervalued
PROFIT vs RISK RATING
1..100
2579
SMR RATING
1..100
6551
PRICE GROWTH RATING
1..100
8387
P/E GROWTH RATING
1..100
8893
SEASONALITY SCORE
1..100
8585

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

VRN's Valuation (19) in the Oil And Gas Production industry is somewhat better than the same rating for MEGEF (64) in the null industry. This means that VRN’s stock grew somewhat faster than MEGEF’s over the last 12 months.

MEGEF's Profit vs Risk Rating (25) in the null industry is somewhat better than the same rating for VRN (79) in the Oil And Gas Production industry. This means that MEGEF’s stock grew somewhat faster than VRN’s over the last 12 months.

VRN's SMR Rating (51) in the Oil And Gas Production industry is in the same range as MEGEF (65) in the null industry. This means that VRN’s stock grew similarly to MEGEF’s over the last 12 months.

MEGEF's Price Growth Rating (83) in the null industry is in the same range as VRN (87) in the Oil And Gas Production industry. This means that MEGEF’s stock grew similarly to VRN’s over the last 12 months.

MEGEF's P/E Growth Rating (88) in the null industry is in the same range as VRN (93) in the Oil And Gas Production industry. This means that MEGEF’s stock grew similarly to VRN’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
MEGEFVRN
RSI
ODDS (%)
Bullish Trend 2 days ago
83%
Bullish Trend 2 days ago
78%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
82%
Bullish Trend 2 days ago
83%
Momentum
ODDS (%)
Bearish Trend 2 days ago
75%
Bearish Trend 2 days ago
80%
MACD
ODDS (%)
Bearish Trend 2 days ago
74%
Bearish Trend 2 days ago
80%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
74%
Bearish Trend 2 days ago
80%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
74%
Bearish Trend 2 days ago
84%
Advances
ODDS (%)
N/A
Bullish Trend 23 days ago
77%
Declines
ODDS (%)
Bearish Trend 2 days ago
75%
Bearish Trend 3 days ago
82%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
86%
Bullish Trend 2 days ago
83%
Aroon
ODDS (%)
Bearish Trend 2 days ago
76%
Bearish Trend 2 days ago
78%
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MEGEF
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
VRN
Daily Signalchanged days ago
Gain/Loss if bought
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MEGEF and

Correlation & Price change

A.I.dvisor indicates that over the last year, MEGEF has been closely correlated with CNQ. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if MEGEF jumps, then CNQ could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MEGEF
1D Price
Change %
MEGEF100%
-0.90%
CNQ - MEGEF
80%
Closely correlated
+0.24%
SPGYF - MEGEF
77%
Closely correlated
+2.30%
VRN - MEGEF
77%
Closely correlated
+4.95%
BTE - MEGEF
77%
Closely correlated
+2.69%
MTDR - MEGEF
75%
Closely correlated
+0.91%
More

VRN and

Correlation & Price change

A.I.dvisor indicates that over the last year, VRN has been closely correlated with SPGYF. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if VRN jumps, then SPGYF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VRN
1D Price
Change %
VRN100%
+4.95%
SPGYF - VRN
75%
Closely correlated
+2.30%
ZPTAF - VRN
74%
Closely correlated
+3.83%
VET - VRN
72%
Closely correlated
+0.11%
CNQ - VRN
72%
Closely correlated
+0.24%
CRLFF - VRN
70%
Closely correlated
+1.48%
More