$-0.19 EPS Expected for MEG Energy Corp. (MEG) on May, 10

May 3, 2018 - By Matthew Medley

MEG Energy Corp. (TSE:MEG) Corporate Logo

MEG Energy Corp. (TSE:MEG)’s quarterly earnings will be revealed on May, 10., as reported by Faxor. Analysts have expectation on stock’s EPS of $-0.19. That’s up 34.48 % from last year’s $-0.29 EPS. -226.67 % negative EPS growth is what analysts predict. $0.15 EPS was revealed for previous quarter. Ticker’s shares touched $6.87 during the last trading session after 2.83% change.Currently MEG Energy Corp. is after 0.00% change in last May 3, 2017. MEG has also 410,574 shares volume. MEG underperformed by 11.55% the S&P 500.

MEG Energy Corp. develops and produces in situ oil sands in Alberta, Canada.The company has $2.02 billion market cap. The firm is developing oil recovery projects that utilize steam assisted gravity drainage extraction methods.12.05 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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