MEG Energy Future Growth
Future criteria checks 0/6
MEG Energy's earnings are forecast to decline at 1.3% per annum while its annual revenue is expected to grow at 0.09% per year. EPS is expected to grow by 4.4% per annum. Return on equity is forecast to be 13% in 3 years.
Key information
-1.3%
Earnings growth rate
4.4%
EPS growth rate
| Oil and Gas earnings growth | 5.3% |
| Revenue growth rate | 0.09% |
| Future return on equity | 13.0% |
| Analyst coverage | Low |
| Last updated | 06 Nov 2024 |
Recent future growth updates
Recent updates
Does MEG Energy (TSE:MEG) Deserve A Spot On Your Watchlist?
Oct 15
Is MEG Energy (TSE:MEG) Using Too Much Debt?
Oct 03MEG Energy (TSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue
Sep 19Fewer Investors Than Expected Jumping On MEG Energy Corp. (TSE:MEG)
Aug 10MEG Energy's (TSE:MEG) Returns On Capital Are Heading Higher
Jun 18Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly
Jun 04The MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Sales Forecasts
May 08Are Investors Undervaluing MEG Energy Corp. (TSE:MEG) By 45%?
May 05MEG Energy Corp. (TSE:MEG) Might Not Be As Mispriced As It Looks
Apr 21The MEG Energy Corp. (TSE:MEG) Analysts Have Been Trimming Their Sales Forecasts
Mar 05MEG Energy's (TSE:MEG) Returns On Capital Are Heading Higher
Mar 02Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly
Feb 13MEG Energy Corp. (TSE:MEG) Doing What It Can To Lift Shares
Jan 07MEG Energy Corp. (TSE:MEG) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 20MEG Energy (TSE:MEG) Is Doing The Right Things To Multiply Its Share Price
Dec 01We Think MEG Energy (TSE:MEG) Can Stay On Top Of Its Debt
Sep 28MEG Energy Corp.'s (TSE:MEG) Intrinsic Value Is Potentially 88% Above Its Share Price
Sep 10Returns Are Gaining Momentum At MEG Energy (TSE:MEG)
Aug 23Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly
Jun 18Are Investors Undervaluing MEG Energy Corp. (TSE:MEG) By 44%?
Jun 02MEG Energy (TSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue
May 13Here's Why We Think MEG Energy (TSE:MEG) Is Well Worth Watching
Apr 28MEG Energy (TSE:MEG) Seems To Use Debt Quite Sensibly
Feb 01If EPS Growth Is Important To You, MEG Energy (TSE:MEG) Presents An Opportunity
Jan 16Is MEG Energy Corp. (TSE:MEG) Trading At A 45% Discount?
Dec 04Here's Why MEG Energy (TSE:MEG) Can Manage Its Debt Responsibly
Oct 26Is Now The Time To Put MEG Energy (TSE:MEG) On Your Watchlist?
Sep 09Is MEG Energy Corp. (TSE:MEG) Trading At A 39% Discount?
Aug 19Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 5,399 | 526 | 633 | 1,275 | 3 |
| 12/31/2025 | 5,035 | 621 | 735 | 1,332 | 4 |
| 12/31/2024 | 5,335 | 578 | 853 | 1,411 | 3 |
| 9/30/2024 | 5,446 | 504 | 1,085 | 1,565 | N/A |
| 6/30/2024 | 5,619 | 586 | 1,030 | 1,452 | N/A |
| 3/31/2024 | 5,537 | 586 | 981 | 1,429 | N/A |
| 12/31/2023 | 5,653 | 569 | 900 | 1,349 | N/A |
| 9/30/2023 | 5,654 | 625 | 888 | 1,339 | N/A |
| 6/30/2023 | 5,787 | 532 | 995 | 1,441 | N/A |
| 3/31/2023 | 6,067 | 621 | 1,407 | 1,808 | N/A |
| 12/31/2022 | 6,118 | 902 | 1,512 | 1,888 | N/A |
| 9/30/2022 | 5,980 | 921 | 1,227 | 1,603 | N/A |
| 6/30/2022 | 5,500 | 819 | 1,044 | 1,426 | N/A |
| 3/31/2022 | 4,938 | 662 | 646 | 995 | N/A |
| 12/31/2021 | 4,321 | 283 | 359 | 690 | N/A |
| 9/30/2021 | 3,801 | 121 | 300 | 565 | N/A |
| 6/30/2021 | 3,243 | 58 | 62 | 278 | N/A |
| 3/31/2021 | 2,541 | -90 | 50 | 215 | N/A |
| 12/31/2020 | 2,292 | -357 | 153 | 302 | N/A |
| 9/30/2020 | 2,498 | -348 | 230 | 411 | N/A |
| 6/30/2020 | 2,923 | -315 | 427 | 614 | N/A |
| 3/31/2020 | 3,677 | -298 | 600 | 799 | N/A |
| 12/31/2019 | 3,931 | -62 | 433 | 631 | N/A |
| 9/30/2019 | 3,458 | -286 | 229 | 500 | N/A |
| 6/30/2019 | 3,303 | -192 | -40 | 330 | N/A |
| 3/31/2019 | 2,931 | -308 | -435 | 93 | N/A |
| 12/31/2018 | 2,733 | -119 | -343 | 280 | N/A |
| 9/30/2018 | 2,968 | 56 | -255 | 387 | N/A |
| 6/30/2018 | 2,741 | 22 | N/A | 392 | N/A |
| 3/31/2018 | 2,635 | 305 | N/A | 390 | N/A |
| 12/31/2017 | 2,474 | 166 | N/A | 318 | N/A |
| 9/30/2017 | 2,281 | -115 | N/A | 199 | N/A |
| 6/30/2017 | 2,202 | -308 | N/A | 171 | N/A |
| 3/31/2017 | 2,131 | -558 | N/A | 172 | N/A |
| 12/31/2016 | 1,862 | -429 | N/A | -94 | N/A |
| 9/30/2016 | 1,745 | -421 | N/A | -163 | N/A |
| 6/30/2016 | 1,708 | -740 | N/A | -149 | N/A |
| 3/31/2016 | 1,749 | -531 | N/A | -92 | N/A |
| 12/31/2015 | 1,926 | -1,170 | N/A | 112 | N/A |
| 9/30/2015 | 2,096 | -1,022 | N/A | 310 | N/A |
| 6/30/2015 | 2,343 | -696 | N/A | 537 | N/A |
| 3/31/2015 | 2,617 | -510 | N/A | 712 | N/A |
| 12/31/2014 | 2,830 | -106 | N/A | 768 | N/A |
| 9/30/2014 | 2,566 | -104 | N/A | 557 | N/A |
| 6/30/2014 | 2,261 | 113 | N/A | 440 | N/A |
| 3/31/2014 | 1,756 | -199 | N/A | 190 | N/A |
| 12/31/2013 | 1,334 | -166 | N/A | 126 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MEG's earnings are forecast to decline over the next 3 years (-1.3% per year).
Earnings vs Market: MEG's earnings are forecast to decline over the next 3 years (-1.3% per year).
High Growth Earnings: MEG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MEG's revenue (0.09% per year) is forecast to grow slower than the Canadian market (7.1% per year).
High Growth Revenue: MEG's revenue (0.09% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MEG's Return on Equity is forecast to be low in 3 years time (13%).