MEG Energy Corp (MEG.TO)

MEG.TO on Toronto Stock Exchange

17 Nov 2017
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$0.08 (+1.48%)
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MEG Energy Corp (MEG) is a Canada-based oil sands company. It is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is engaged in developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods.... (more)


Beta: 3.72
Market Cap(Mil.): $1,584.92
Shares Outstanding(Mil.): 294.05
Dividend: --
Yield (%): --


  Industry Sector
P/E (TTM): -- 12.47 16.44
EPS (TTM): -- -- --
ROI: -- 6.08 10.62
ROE: -- 16.09 14.20

UPDATE 3-MEG Energy posts bigger-than-expected Q3 loss, cuts capex

Oct 26 Canada's MEG Energy Corp on Thursday reported a bigger-than-expected quarterly loss and slashed its capital budget for the year as it cuts costs to offset weak overall demand for Canadian heavy crude in a volatile oil market.

26 Oct 2017

BRIEF-Meg Energy Corp Q3 operating ‍loss per share $0.14​

* Meg Energy reports strong operating and financial results and ongoing efficiency gains for the third quarter of 2017, contributing to an $80 million reduction in its 2017 capital investment and a further decrease in non-energy operating cost guidance

26 Oct 2017

Canada's MEG Energy posts Q3 profit on higher prices, lower costs

Oct 26 Canadian oil sands producer MEG Energy Corp reported a third-quarter profit, compared with a loss a year ago, helped by higher bitumen prices and lower production costs.

26 Oct 2017

Canadian oil sands producers: Heady days may not last long

Aug 21 Canadian oil sands producers such as Cenovus and MEG Energy impressed investors in the second quarter as prices of heavy crude rose, but those gains are expected to be short-lived.

21 Aug 2017

BRIEF-MEG Energy reports qtrly earnings per share $0.35‍​

* MEG Energy reports solid second quarter 2017 results supported by record low per barrel non-energy operating costs, while successfully completing major turnaround activities

27 Jul 2017

Earnings vs. Estimates