MEG Energy Corp. (TSE:MEG – Get Free Report) announced a dividend on Thursday, July 25th, Zacks reports. Shareholders of record on Tuesday, September 17th will be paid a dividend of 0.10 per share on Tuesday, October 15th. The ex-dividend date of this dividend is Tuesday, September 17th.
MEG Energy Stock Up 1.5 %
Shares of MEG opened at C$27.91 on Friday. The company has a market capitalization of C$7.61 billion, a P/E ratio of 13.55, a PEG ratio of 0.17 and a beta of 3.12. MEG Energy has a one year low of C$22.59 and a one year high of C$33.70. The business’s 50 day simple moving average is C$28.68 and its 200-day simple moving average is C$28.61. The company has a debt-to-equity ratio of 28.18, a current ratio of 1.41 and a quick ratio of 1.17.
MEG Energy (TSE:MEG – Get Free Report) last posted its quarterly earnings data on Monday, May 6th. The company reported C$0.36 EPS for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.09). MEG Energy had a return on equity of 13.20% and a net margin of 10.58%. The business had revenue of C$1.36 billion during the quarter, compared to analyst estimates of C$1.25 billion. As a group, sell-side analysts predict that MEG Energy will post 2.4508333 EPS for the current fiscal year.
Wall Street Analyst Weigh In
MEG Energy Company Profile
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions.
See Also
- Five stocks we like better than MEG Energy
- How Can Investors Benefit From After-Hours Trading
- Why Call Options Volume for These 2 Stocks Spiked Together
- What is a Secondary Public Offering? What Investors Need to Know
- MarketBeat Week in Review – 7/22 – 7/26
- Trading Stocks: RSI and Why it’s Useful
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
Receive News & Ratings for MEG Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MEG Energy and related companies with MarketBeat.com's FREE daily email newsletter.