Published: Sun, April 22, 2018
Business | By Tara Barton

On May, 10 The EPS for MEG Energy Corp. (MEG) Expected At $


The company's stock had a trading volume of 78,610 shares. Athabasca Oil Co. has a 52 week low of C$0.85 and a 52 week high of C$1.63. Analysts expect change of 34.48 % or $0.10 from previous year's $-0.29 EPS compared to current's $-0.19 EPS.

Athabasca Oil (TSE:ATH) last issued its quarterly earnings results on Wednesday, March 7th. Barclays increased their price target on Athabasca Oil from C$1.00 to C$1.50 in a research report on Wednesday, January 17th. The business had revenue of C$755.00 million during the quarter. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the past year is C$7.00. Finally, Raymond James decreased their price target on Athabasca Oil from C$1.50 to C$1.25 in a research report on Monday, February 5th. MEG Energy had a negative net margin of 3.15% and a negative return on equity of 2.40%.

In other Athabasca Oil news, insider David J. Stewart sold 25,000 shares of the firm's stock in a transaction on Tuesday, April 3rd. Athabasca Oil now has an average rating of "Hold" and an average target price of C$1.76.

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ILLEGAL ACTIVITY WARNING: "MEG Energy (MEG) Receives Consensus Rating of "Hold" from Brokerages" was first published by Macon Daily and is the sole property of of Macon Daily.

Athabasca Oil Corporation is a Canada-based energy company, which is focused on the exploration for, and development and production of, light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada, and bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada.

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