MEG Energy Corp. (MEG) Analysts See $-0.14 EPS

January 13, 2018 - By Marie Mckinney

 MEG Energy Corp. (MEG) Analysts See $ 0.14 EPS

Analysts expect MEG Energy Corp. (TSE:MEG) to report $-0.14 EPS on February, 8.They anticipate $0.18 EPS change or 56.25 % from last quarter’s $-0.32 EPS. After having $-0.14 EPS previously, MEG Energy Corp.’s analysts see 0.00 % EPS growth. The stock increased 5.07% or $0.28 during the last trading session, reaching $5.8. About 2.26M shares traded or 67.51% up from the average. MEG Energy Corp. (TSE:MEG) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

MEG Energy Corp. (TSE:MEG) Ratings Coverage

Among 4 analysts covering Meg Energy Corp. (TSE:MEG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Meg Energy Corp. had 39 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Friday, March 24 by TD Securities. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, February 10 report. RBC Capital Markets maintained it with “Outperform” rating and $11 target in Friday, April 29 report. Scotia Capital maintained MEG Energy Corp. (TSE:MEG) on Friday, February 10 with “Outperform” rating. The company was maintained on Friday, July 29 by Scotia Capital. The firm has “Outperform” rating by RBC Capital Markets given on Friday, February 5. Scotia Capital maintained the stock with “Outperform” rating in Friday, October 28 report. TD Securities maintained MEG Energy Corp. (TSE:MEG) on Friday, July 15 with “Speculative Buy” rating. National Bank Canada maintained it with “Sector Perform” rating and $4.75 target in Tuesday, June 27 report. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, June 8.

MEG Energy Corp. develops and produces in situ oil sands in Alberta, Canada. The company has market cap of $1.71 billion. The firm is developing oil recovery projects that utilize steam assisted gravity drainage extraction methods. It currently has negative earnings. It owns a 100% working interest in approximately 900 square miles of oil sands leases located in the southern Athabasca oil sands region of Alberta, as well as the Christina Lake project in the southern Athabasca oil sands region of Alberta.

Another recent and important MEG Energy Corp. (TSE:MEG) news was published by Seekingalpha.com which published an article titled: “MEG Energy’s (MEGEF) CEO Bill McCaffrey on Q1 2017 Results – Earnings Call …” on May 11, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.