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

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

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

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

12 analysts have issued 1-year target prices for MEG Energy's shares. Their forecasts range from C$5.00 to C$9.50. On average, they expect MEG Energy's share price to reach C$7.55 in the next twelve months. This suggests that the stock has a possible downside of 0.6%. View Analyst Price Targets for MEG Energy.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MEG Energy.

Press coverage about MEG stock has trended somewhat negative on Saturday, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MEG Energy earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for MEG Energy.

Some companies that are related to MEG Energy include Beach Energy (BPT), Vermilion Energy (VET), Linamar (LNR), Crescent Point Energy (CPG), Cairn Energy (CNE), Paramount Resources (POU), Cooper Energy (COE), Karoon Energy (KAR), Mainstreet Equity (MEQ), Seplat Petroleum Development (SEPL), Nuvista Energy (NVA), Carnarvon Petroleum (CVN), Gran Tierra Energy (GTE), Genel Energy (GENL) and Hurricane Energy (HUR).

Based on aggregate information from My MarketBeat watchlists, some companies that other MEG Energy investors own include Whitecap Resources (WCP), Baytex Energy (BTE), Athabasca Oil (ATH), Crescent Point Energy (CPG), First Quantum Minerals (FM), Birchcliff Energy (BIR), Enerplus (ERF), Kelt Exploration (KEL), Aurora Cannabis (ACB) and Trican Well Service (TCW).

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.

One share of MEG stock can currently be purchased for approximately C$7.59.

MEG Energy has a market capitalization of C$2.27 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.

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

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.