Investing.com - MEG Energy Corp reported second quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of C$0.1157 on revenue of C$1.01B. Analysts polled by Investing.com anticipated EPS of C$0.2236 on revenue of C$887.73M. .
For the year, MEG Energy Corp shares are up 81.8%, outperforming the S&P/TSX which is up 15.28% year to date.
MEG Energy Corp follows other major Energy sector earnings this month
On Monday, PrairieSky Royalty reported second quarter EPS of C$0.12 on revenue of C$69.8M, compared to forecasts of EPS of C$0.115 on revenue of C$44.4M.
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