As of May, 10 The EPS for MEG Energy Corp. (MEG) Expected At $-0.25

April 17, 2018 - By Mark Mitchell

MEG Energy Corp. (TSE:MEG) Corporate Logo

Earnings report for MEG Energy Corp. (TSE:MEG) is awaited On May, 10., according to Zacks. This year’s earnings per share analyst estimate is awaited to be $-0.25. That is 13.79 % up compareed to $-0.29 earnings per share for last year. Last quarter $0.15 earnings per share was reported. Analysts forecasts -266.67 % negative EPS growth this quarter. Its shares touched $5.99 on during the last trading session after 1.64% change.MEG Energy Corp. has volume of 1.33M shares. Since April 17, 2017 MEG has 0.00% and is . The stock underperformed the S&P 500 by 11.55%.

MEG Energy Corp. develops and produces in situ oil sands in Alberta, Canada.The firm is valued at $1.76 billion. The firm is developing oil recovery projects that utilize steam assisted gravity drainage extraction methods.10.51 is the P/E ratio. 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.

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