|Bid||3.0200 x N/A|
|Ask||3.0300 x N/A|
|Day's Range||2.6200 - 3.0450|
|52 Week Range||1.1300 - 8.0700|
|Beta (5Y Monthly)||2.93|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 03, 2020 - May 07, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.37|
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (13,925.714, up 311.57 points.)Hexo Corp. (TSX:HEXO). Health care. Down 25 cents, or 26.04 per cent, to 71 cents on 14.4 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 6.74 per cent, to 47.5 cents on 12.5 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Up nine cents, or 2.34 per cent, to $3.94 on 10 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up eight cents, or 7.14 per cent, to $1.20 on 7.9 million shares.MEG Energy Corp. (TSX:MEG). Energy. Up six cents, or 2.11 per cent, to $2.91 on 7.8 million shares.Crescent Point Energy Corp. (TSX:CPG). Energy. Up one cent, or 0.71 per cent to $1.42 on 12.7 million shares.Air Canada (TSX:AC). Industrials. Up $2.09, or 12.61 per cent, to $18.66 on 7.3 million shares. Companies in the news:Air Canada — the airline plans to rehire 16,500 laid-off workers via Ottawa's emergency wage subsidy, though the vast majority will remain at home amid the collapse of global travel triggered by the COVID-19 pandemic. The company said Wednesday it will apply for the Canada Emergency Wage Subsidy to retain or bring back workers who were let go under a cost reduction program that saw nearly half of Air Canada's 36,000 employees lose their jobs as air traffic skidded to a halt due to the virus.Cogeco Inc. (TSX:CCA). Down 40 cents, or 0.42 per cent, to $95.50. The company says its Quebec-based radio business has temporarily laid off about one-quarter of its employees due to a significant decline in advertising from retailers affected by COVID-19 shutdowns. Cogeco chief executive Philippe Jette says its radio stations have maintained good ratings during the pandemic by providing news, information and music during the crisis.Maple Leaf Foods Inc. (TSX:MFI). Down $1.26, or five per cent, to $24.02. The company is suspending operations at its poultry plant in Brampton, Ont., after three employees at the facility tested positive for COVID-19. The company says it's deep cleaning the plant including common areas and offices as it completes an investigation into the casesThis report by The Canadian Press was first published April 8, 2020.The Canadian Press
After a shocking market crash in Q1, Canadian investors might be hesitant to invest in the TSX right now. But RBC stock and CIBC stock have withstood the test of time, so take a look at them today.The post Market Crash: These 2 Stocks are a Prize Catch After a Rough Q1 appeared first on The Motley Fool Canada.
Canada's oil crisis is worsening because of sharply weaker oil prices, making it time to avoid heavily indebted oil stocks like MEG Energy Corp. (TSX:MEG).The post A Disaster Is Unfolding in Canada’s Oil Patch appeared first on The Motley Fool Canada.
Plunging oil prices are prompting Canadian energy firms to shelve hundreds of millions in capital spending as the oil patch braces for a flood of cheap crude hitting global energy markets.
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY , March 10, 2020 /CNW/ - MEG Energy Corp. (TSX:MEG, ...
CALGARY — MEG Energy Corp. reported a profit of $26 million in its latest quarter compared with a loss of $199 million in the same quarter a year earlier.The company says the profit amounted to nine cents per diluted share for the quarter ended Dec. 31 compared with a loss of 67 cents per diluted share in the last three months of 2018.Revenue totalled $992 million, up from $520 million in the fourth quarter of 2018.Bitumen production in the quarter averaged 94,566 barrels per day, up from 87,582 in the same quarter a year earlier.MEG Energy chief executive Derek Evans says the company remains committed to driving efficiencies in its business from a financial, operational and cost perspective and will continue to direct all available free cash flow to debt repayment.MEG is focused on in situ thermal oil production in the southern Athabasca area of Alberta.This report by The Canadian Press was first published March 5, 2020.Companies in this story: (TSX:MEG) The Canadian Press
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY , March 4, 2020 /CNW/ - MEG Energy Corp. (TSX:MEG, ...