MEG Energy Corp
TSX:MEG

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MEG Energy Corp
TSX:MEG
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Price: 30.89 CAD 0.72%
Market Cap: 7.9B CAD

Wall Street
Price Targets

MEG Price Targets Summary
MEG Energy Corp

Wall Street analysts forecast MEG stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MEG is 30.22 CAD with a low forecast of 28.28 CAD and a high forecast of 32.55 CAD.

Lowest
Price Target
28.28 CAD
8% Downside
Average
Price Target
30.22 CAD
2% Downside
Highest
Price Target
32.55 CAD
5% Upside
MEG Energy Corp Competitors:
Price Targets
CNQ
Canadian Natural Resources Ltd
15% Upside
JOY
Journey Energy Inc
11% Upside
POU
Paramount Resources Ltd
2% Upside
RRC
Range Resources Corp
14% Upside
OBE
Obsidian Energy Ltd
18% Upside
PXT
Parex Resources Inc
17% Upside
HWX
Headwater Exploration Inc
6% Upside
HPK
Highpeak Energy Inc
72% Upside

Revenue
Forecast

Revenue Estimate
MEG Energy Corp

For the last 13 years the compound annual growth rate for MEG Energy Corp's revenue is 13%. The projected CAGR for the next 3 years is 2%.

13%
Past Growth
2%
Estimated Growth
Estimates Accuracy
5%
Average Beat

Operating Income
Forecast

Operating Income Estimate
MEG Energy Corp

For the last 13 years the compound annual growth rate for MEG Energy Corp's operating income is 12%. The projected CAGR for the next 3 years is -5%.

12%
Past Growth
-5%
Estimated Growth
Estimates Accuracy
8%
Average Beat

Net Income
Forecast

Net Income Estimate
MEG Energy Corp

For the last 13 years the compound annual growth rate for MEG Energy Corp's net income is 17%. The projected CAGR for the next 3 years is 3%.

17%
Past Growth
3%
Estimated Growth
Estimates Accuracy
0%
Average Beat
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MEG's stock price target?
Price Target
30.22 CAD

According to Wall Street analysts, the average 1-year price target for MEG is 30.22 CAD with a low forecast of 28.28 CAD and a high forecast of 32.55 CAD.

What is MEG Energy Corp's Revenue forecast?
Projected CAGR
2%

For the last 13 years the compound annual growth rate for MEG Energy Corp's revenue is 13%. The projected CAGR for the next 3 years is 2%.

What is MEG Energy Corp's Operating Income forecast?
Projected CAGR
-5%

For the last 13 years the compound annual growth rate for MEG Energy Corp's operating income is 12%. The projected CAGR for the next 3 years is -5%.

What is MEG Energy Corp's Net Income forecast?
Projected CAGR
3%

For the last 13 years the compound annual growth rate for MEG Energy Corp's net income is 17%. The projected CAGR for the next 3 years is 3%.

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