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TSE:MEG - MEG Energy Stock Price, Forecast & News

C$6.80
+0.06 (+0.89 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
C$6.68
Now: C$6.80
C$6.97
50-Day Range
C$5.00
MA: C$5.62
C$6.80
52-Week Range
C$4.06
Now: C$6.80
C$8.62
Volume4.64 million shs
Average Volume2.56 million shs
Market CapitalizationC$2.04 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
MEG Energy Corp., an oil sands company, focuses on sustainable in situ development and production in the southern Athabasca oil sands region of Alberta. The company owns a 100% interest in approximately 900 square miles of oil sands leases in the southern Athabasca oil sands region of northern Alberta. It primarily engages in a steam-assisted gravity drainage oil sands development at its Christina Lake project. Read More…

Industry, Sector and Symbol

Industry Independent Oil & Gas
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
CIKN/A
Phone+1-403-7700446

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$3.46 billion
Cash FlowC$0.53 per share
Book ValueC$12.79 per share

Profitability

Miscellaneous

Employees510
Market CapC$2.04 billion
Next Earnings Date3/5/2020 (Estimated)
OptionableNot Optionable

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MEG Energy (TSE:MEG) Frequently Asked Questions

What is MEG Energy's stock symbol?

MEG Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MEG."

How were MEG Energy's earnings last quarter?

MEG Energy Corp (TSE:MEG) announced its quarterly earnings data on Wednesday, October, 30th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.06. The company had revenue of $942 million for the quarter, compared to analyst estimates of $791.28 million. View MEG Energy's Earnings History.

When is MEG Energy's next earnings date?

MEG Energy is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for MEG Energy.

What price target have analysts set for MEG?

10 brokerages have issued 12-month price targets for MEG Energy's shares. Their forecasts range from C$5.00 to C$8.00. On average, they anticipate MEG Energy's stock price to reach C$6.92 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for MEG Energy.

What is the consensus analysts' recommendation for MEG Energy?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MEG Energy.

Has MEG Energy been receiving favorable news coverage?

News headlines about MEG stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. MEG Energy earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for MEG Energy.

Who are some of MEG Energy's key competitors?

What other stocks do shareholders of MEG Energy own?

Who are MEG Energy's key executives?

MEG Energy's management team includes the folowing people:
  • Mr. Eric Lloyd Toews CPA, CA, Chief Financial Officer
  • Mr. Chi-Tak Yee, Chief Operating Officer
  • Mr. Derek W. Evans B.Sc., P. Eng., Pres, CEO & Director (Age 62)
  • Mr. Grant Kenneth Donald Borbridge, Sr. VP of Legal, Gen. Counsel & Corp. Sec.
  • Ms. Tara McCool, VP of People & Corp. Identity

How do I buy shares of MEG Energy?

Shares of MEG and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is MEG Energy's stock price today?

One share of MEG stock can currently be purchased for approximately C$6.80.

How big of a company is MEG Energy?

MEG Energy has a market capitalization of C$2.04 billion and generates C$3.46 billion in revenue each year. MEG Energy employs 510 workers across the globe.View Additional Information About MEG Energy.

What is MEG Energy's official website?

The official website for MEG Energy is http://www.megenergy.com/.

How can I contact MEG Energy?

MEG Energy's mailing address is 520 3 Ave SW 8th Floor, CALGARY, AB T2P 0R3, Canada. The company can be reached via phone at +1-403-7700446.


MarketBeat Community Rating for MEG Energy (TSE MEG)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  342 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  685
MarketBeat's community ratings are surveys of what our community members think about MEG Energy and other stocks. Vote "Outperform" if you believe MEG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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