MEG Energy Stock Forecast, Price & News

MEG Energy (TSE:MEG) Frequently Asked Questions

Is MEG Energy a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MEG Energy stock.
View analyst ratings for MEG Energy or view top-rated stocks.

What stocks does MarketBeat like better than MEG Energy?

Wall Street analysts have given MEG Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MEG Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is MEG Energy's next earnings date?

MEG Energy is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for MEG Energy.

How were MEG Energy's earnings last quarter?

MEG Energy Corp. (TSE:MEG) announced its quarterly earnings results on Thursday, July, 22nd. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.09. The company earned $1.01 billion during the quarter, compared to the consensus estimate of $971.65 million.
View MEG Energy's earnings history.

How has MEG Energy's stock price been impacted by COVID-19 (Coronavirus)?

MEG Energy's stock was trading at C$2.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MEG shares have increased by 255.1% and is now trading at C$9.66.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for MEG?

13 brokerages have issued 1-year price objectives for MEG Energy's stock. Their forecasts range from C$3.00 to C$14.50. On average, they anticipate MEG Energy's share price to reach C$9.56 in the next year. This suggests that the stock has a possible downside of 1.0%.
View analysts' price targets for MEG Energy or view top-rated stocks among Wall Street analysts.

Who are MEG Energy's key executives?

MEG Energy's management team includes the following people:

• Mr. Derek W. Evans B.Sc., P. Eng., Pres, CEO & Director (Age 64, Pay $1.4M)
• Mr. Eric Lloyd Toews CPA, CA, Chief Financial Officer
• Mr. Chi-Tak Yee, Chief Operating Officer
• Mr. Lyle S. Yuzdepski, Sr. VP of Legal, Gen. Counsel & Corp. Sec.
• Ms. Helen Kelly MBA, Director of Investor Relations
• Mr. David Michael Granger, VP HR

Who are some of MEG Energy's key competitors?

Some companies that are related to MEG Energy include Linamar (LNR), Crescent Point Energy (CPG), Paramount Resources (POU), Vermilion Energy (VET), NuVista Energy (NVA), GMP Capital Inc. (GMP.TO) (GMP), Mainstreet Equity (MEQ), Cairn Energy (CNE), Great Bear Resources (GBR), Serica Energy (SQZ), Seplat Petroleum Development (SEPL), Athabasca Oil (ATH), Ophir Energy (OPHR), Genel Energy (GENL) and Gran Tierra Energy (GTE).
View all of MEG's competitors.

What other stocks do shareholders of MEG Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MEG Energy investors own include Whitecap Resources (WCP), Baytex Energy (BTE), Crescent Point Energy (CPG), Kelt Exploration (KEL), Athabasca Oil (ATH), NuVista Energy (NVA), Canadian Natural Resources (CNQ), Enerplus (ERF), Cenovus Energy (CVE) and Birchcliff Energy (BIR).

What is MEG Energy's stock symbol?

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

How do I buy shares of MEG Energy?

Shares of MEG and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is MEG Energy's stock price today?

One share of MEG stock can currently be purchased for approximately C$9.66.

How much money does MEG Energy make?

MEG Energy has a market capitalization of C$2.96 billion and generates C$3.24 billion in revenue each year.

How many employees does MEG Energy have?

MEG Energy employs 1,675 workers across the globe.

What is MEG Energy's official website?

The official website for MEG Energy is www.megenergy.com.

Where are MEG Energy's headquarters?

MEG Energy is headquartered at 520 3 Ave SW 8th Floor, CALGARY, AB T2P 0R3, Canada.

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.