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MEG Energy ( (TSE:MEG) ) has issued an update.
MEG Energy has announced its second quarter results for 2025, which will be released on July 31, 2025, after market close. The company will hold a conference call on August 1, 2025, to discuss these results. This announcement is significant for stakeholders as it provides insights into the company’s operational performance and strategic positioning in the energy market.
The most recent analyst rating on (TSE:MEG) stock is a Buy with a C$28.00 price target. To see the full list of analyst forecasts on MEG Energy stock, see the TSE:MEG Stock Forecast page.
Spark’s Take on TSE:MEG Stock
According to Spark, TipRanks’ AI Analyst, TSE:MEG is a Outperform.
MEG Energy’s overall stock score reflects its strong financial performance and attractive valuation. The company’s effective cost management, robust cash flow, and strategic focus on capital allocation support a positive outlook. However, technical indicators suggest caution due to potential overbought conditions, and corporate events indicate some operational risks.
To see Spark’s full report on TSE:MEG stock, click here.
More about MEG Energy
MEG Energy is a leading pure-play in situ thermal oil producer based in Canada. The company focuses on meeting the growing demand for energy by producing, transporting, and selling oil safely and reliably to customers across North America and internationally. MEG Energy’s common shares are traded on the Toronto Stock Exchange under the symbol ‘MEG’.
Average Trading Volume: 1,451,210
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$6.7B
Learn more about MEG stock on TipRanks’ Stock Analysis page.