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MEG Energy Stock Forecast, Price & News

-0.01 (-0.37 %)
(As of 09/24/2020 12:00 AM ET)
Today's Range
Now: C$2.67
50-Day Range
MA: C$3.55
52-Week Range
Now: C$2.67
Volume1.79 million shs
Average Volume4.01 million shs
Market CapitalizationC$808.06 million
P/E RatioN/A
Dividend YieldN/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. The company was incorporated in 1999 and is headquartered in Calgary, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.41 out of 5 stars

Industry, Sector and Symbol

Industry Independent Oil & Gas



Sales & Book Value

Annual SalesC$2.92 billion
Cash FlowC$0.35 per share
Book ValueC$11.59 per share



Market CapC$808.06 million
Next Earnings Date11/4/2020 (Estimated)
OptionableNot Optionable
-0.01 (-0.37 %)
(As of 09/24/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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MEG Energy (TSE:MEG) Frequently Asked Questions

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

MEG Energy's stock was trading at C$2.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MEG shares have decreased by 1.8% and is now trading at C$2.67.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of MEG Energy?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEG Energy in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for MEG Energy

When is MEG Energy's next earnings date?

MEG Energy is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for MEG Energy

How were MEG Energy's earnings last quarter?

MEG Energy Corp (TSE:MEG) announced its earnings results on Monday, July, 27th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.17. The business earned $307 million during the quarter, compared to analysts' expectations of $235.43 million.
View MEG Energy's earnings history

What price target have analysts set for MEG?

9 analysts have issued twelve-month price objectives for MEG Energy's stock. Their forecasts range from C$3.50 to C$8.00. On average, they anticipate MEG Energy's stock price to reach C$5.08 in the next twelve months. This suggests a possible upside of 90.4% from the stock's current price.
View analysts' price targets 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 following 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

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 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$2.67.

How big of a company is MEG Energy?

MEG Energy has a market capitalization of C$808.06 million and generates C$2.92 billion in revenue each year. MEG Energy employs 510 workers across the globe.

What is MEG Energy's official website?

The official website for MEG Energy is 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.

This page was last updated on 9/25/2020 by MarketBeat.com Staff

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