Overview
MEG Energy Corp. is a Canadian oil sands company headquartered in Calgary, Alberta, engaged primarily in the development and production of sustainable in situ thermal oil. It is actively involved in resource extraction utilizing steam-assisted gravity drainage (SAGD) technology, which is aimed at reducing the environmental impact of oil sands production. A key project for MEG Energy is the Christina Lake project, which is recognized for its substantial production capacity and innovative use of technology to enhance resource recovery and operational efficiency. This project epitomizes the company's strategy of combining technological innovations with stringent environmental standards to optimize resource extraction in line with economic and environmental concerns.
Basic Stats
The share price of MEG Energy Corp. as of June 10, 2024 is $20.86 / share. The market cap (or net worth) of MEG Energy Corp. as of September 5, 2025 is $5,306.30 MM.
The Factor Analysis chart (below right) shows a view of MEG Energy Corp. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 5,306.30 MM |
| EV | |
| Shares Out. | 254.38 MM |
| Earnings Date | |
| EPS (TTM) | 2.17 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-09-12 |
| Borrow Rate | 0.56 |
| Short Shares Avail. | 0.55 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.08 |
| ROE | 0.12 |
| ROIC | 0.10 |
| CROIC | 0.02 |
| OCROIC | 0.24 |
| Implied Volatility | |
| Put/Call OI Ratio |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for MEG Energy Corp. is $21.07. The forecasts range from a low of $17.54 to a high of $25.07. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for MEG Energy Corp.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-12-11 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-12-06 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2023-11-28 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-11-28 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-11-28 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-27 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-11-07 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-08-28 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-08-28 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-08-27 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-08-27 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-08-21 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2023-08-20 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2023-08-14 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-08-13 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-08-09 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-08-08 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-07-28 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-07-28 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-07-27 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-07-27 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-06-05 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-06-05 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-06-05 | TUDOR PICKERING & CO. SEC | Hold | Buy | Upgrade |
| 2023-06-04 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-06-04 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-06-04 | TUDOR PICKERING & CO. SEC | Hold | Buy | Upgrade |
| 2023-05-26 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
| 2023-05-25 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
| 2023-05-02 | TD SECURITIES | Buy | Hold | Downgrade |
| 2023-05-02 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-05-01 | TD SECURITIES | Buy | Hold | Downgrade |
| 2023-05-01 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-04-24 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-04-23 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-04-17 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
| 2023-04-13 | TUDOR PICKERING & CO. SEC | Hold | Buy | Upgrade |
| 2023-04-03 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-04-03 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-03-29 | TD SECURITIES | Buy | Hold | Downgrade |
| 2023-03-01 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-02-27 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-02-26 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-12-13 | BMO Financial | 23 | 21 | Downgrade |
| 2022-12-05 | STA Research | Hold | Maintains | |
| 2022-11-29 | National Bank of Canada Financial | Outperform | Maintains | |
| 2022-11-29 | TD Research | Hold | Maintains | |
| 2022-11-29 | CIBC Capital Markets | Neutral | Maintains | |
| 2022-11-29 | Scotiabank Capital | Sector Perform | Maintains | |
| 2022-11-11 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2022-11-10 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2022-11-10 | STA Research | Hold | Maintains | |
| 2022-11-10 | CIBC Capital Markets | Neutral | Maintains | |
| 2022-11-10 | Scotiabank Capital | Sector Perform | Maintains | |
| 2022-09-26 | STA Research | Hold | Maintains | |
| 2022-09-26 | Scotiabank Capital | Sector Perform | Maintains | |
| 2022-08-16 | STA Research | Hold | Maintains | |
| 2022-08-03 | TUDOR PICKERING & CO. SEC | Hold | Hold | Maintains |
| 2022-08-02 | TUDOR PICKERING & CO. SEC | Hold | Hold | Maintains |
| 2022-07-29 | Scotiabank Capital | Sector Perform | Maintains | |
| 2022-06-30 | CIBC Capital Markets | Neutral | Maintains | |
| 2022-06-30 | Scotiabank Capital | Sector Perform | Maintains | |
| 2022-06-29 | DESJARDINS SECURITIES | Hold | Buy | Upgrade |
| 2022-06-28 | DESJARDINS SECURITIES | Hold | Buy | Upgrade |
| 2022-06-07 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-06-06 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-05-27 | STA Research | Hold | Reiterate | |
| 2022-05-27 | Scotiabank Capital | Outperform | Maintains | |
| 2022-05-03 | Raymond James Capital | Outperform | Initiate | |
| 2022-05-03 | STA Research | Hold | Maintains | |
| 2022-05-03 | CIBC Capital Markets | Neutral | Maintains | |
| 2022-05-03 | Scotiabank Capital | Outperform | Maintains | |
| 2022-04-14 | National Bank of Canada Financial | Outperform | Initiate | |
| 2022-04-11 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2022-04-11 | CIBC Capital Markets | Neutral | Maintains | |
| 2022-04-10 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2022-03-24 | STA Research | Hold | Initiate | |
| 2022-03-24 | BMO Financial | Market Perform | Maintains | |
| 2022-03-04 | TD SECURITIES | Hold | Buy | Upgrade |
| 2022-03-04 | TD SECURITIES | Buy | Buy | Maintains |
| 2022-03-04 | CIBC Capital Markets | Neutral | Maintains | |
| 2022-03-04 | Scotiabank Capital | Outperform | Maintains | |
| 2022-03-03 | TD SECURITIES | Buy | Buy | Maintains |
| 2022-01-17 | RBC Royalbank | Buy | Initiate | |
| 2021-12-22 | Scotiabank Capital | Outperform | Maintains | |
| 2021-11-30 | RaymondJamesFinancial | Outperform | Initiate | |
| 2021-11-30 | CIBC WM | Neutral | Maintains | |
| 2021-11-09 | RaymondJamesFinancial | Outperform | Initiate | |
| 2021-11-09 | RJ Financial | Outperform | Initiate | |
| 2021-11-09 | CIBC WG | Neutral | Maintains | |
| 2021-11-09 | Sbank | Outperform | Maintains | |
| 2021-10-27 | ATB Capital | Sector Perform | Initiate | |
| 2021-10-19 | Raymond James Financial | Outperform | Maintains | |
| 2021-10-19 | Sbank | Outperform | Maintains | |
| 2021-10-18 | CIBC World Markets | Neutral | Maintains | |
| 2021-09-16 | JPMorgan Chase | Buy | Maintains | |
| 2021-07-26 | UBS | Neutral | Initiate | |
| 2021-07-23 | CIBC World Markets | Neutral | Maintains | |
| 2021-07-20 | Raymond James Financial | Outperform | Initiate | |
| 2021-06-22 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2021-06-21 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2021-05-05 | Raymond James Financial | Outperform | Initiate | |
| 2021-05-04 | Tudor Pickering | Hold | Initiate | |
| 2021-05-03 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2021-05-02 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2021-04-14 | Tudor Pickering | Hold | Initiate | |
| 2021-04-06 | RBC Capital | Outperform | Maintains | |
| 2021-03-18 | BMO Capital Markets | Outperform | Maintains | |
| 2021-03-05 | ATB Capital | 7.25 | 8.5 | Upgrade |
| 2021-03-04 | TD SECURITIES | Hold | Hold | Maintains |
| 2021-02-22 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2021-02-10 | ATB Capital | Sector Perform | Initiate | |
| 2021-01-15 | Raymond James Financial | Market Perform | Outperform | Upgrade |
| 2021-01-14 | Tudor Pickering | Hold | Initiate | |
| 2021-01-11 | CREDIT SUISSE | Neutral | Neutral | Maintains |
| 2021-01-10 | CREDIT SUISSE | Neutral | Neutral | Maintains |
| 2021-01-07 | UBS | 3 | 4 | Upgrade |
| 2020-12-16 | CIBC World Markets | 3.5 | 6 | Upgrade |
| 2020-12-10 | Goldman Sachs | 4.5 | 5 | Upgrade |
| 2020-12-08 | National Bank Financial | Outperform | Sector Perform | Downgrade |
| 2020-11-12 | CIBC World Markets | 3.25 | 3.5 | Upgrade |
| 2020-10-20 | Morgan Stanley | 4.75 | 3 | Downgrade |
| 2020-08-11 | Tudor Pickering | Hold | Initiate | |
| 2020-07-28 | BMO Capital Markets | 4 | 4.5 | Upgrade |
| 2020-07-28 | Tudor Pickering | Hold | Initiate | |
| 2020-07-27 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2020-07-08 | Morgan Stanley | 2.5 | 4.5 | Upgrade |
| 2020-06-29 | BMO Capital Markets | 3.5 | 4 | Upgrade |
| 2020-05-18 | Credit Suisse | 3 | 3.5 | Upgrade |
| 2020-05-05 | BMO Capital Markets | 3 | 3.5 | Upgrade |
| 2020-05-05 | Tudor Pickering | Hold | Initiate | |
| 2020-04-22 | CIBC World Markets | 6.75 | 4.25 | Downgrade |
| 2020-04-16 | Tudor Pickering | Hold | Initiate | |
| 2020-04-08 | Sbank | 8.5 | 4 | Downgrade |
| 2020-03-25 | Tudor Pickering | Buy | Hold | Downgrade |
| 2020-03-16 | Morgan Stanley | 7.5 | 2.5 | Downgrade |
| 2020-03-16 | RBC Capital | 7.5 | 3 | Downgrade |
| 2020-03-12 | Stifel Nicolaus | 8 | 5 | Downgrade |
| 2020-03-11 | Tudor Pickering | Buy | Initiate | |
| 2020-03-04 | JPMorgan Chase | 7.5 | 6.5 | Downgrade |
| 2020-02-06 | TD Securities | Buy | Hold | Downgrade |
| 2020-01-24 | UBS | 6 | 8 | Upgrade |
| 2020-01-14 | Sbank | 7 | 8.5 | Upgrade |
| 2020-01-07 | Tudor Pickering | Hold | Buy | Upgrade |
| 2019-12-16 | Goldman Sachs | 7 | 8 | Upgrade |
| 2019-12-16 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2019-11-22 | Credit Suisse | 7 | 8 | Upgrade |
| 2019-10-31 | Raymond James Financial | Market Perform | Initiate | |
| 2019-10-23 | Morgan Stanley | Overweight | Underweight | Downgrade |
| 2019-10-22 | Goldman Sachs | 7 | 6 | Downgrade |
| 2019-10-18 | RBC Capital | 7 | 6.5 | Downgrade |
| 2019-09-23 | UBS | 5.5 | 6 | Upgrade |
| 2019-09-11 | JPMorgan Chase | 6.5 | 6 | Downgrade |
| 2019-07-31 | Raymond James Financial | Market Perform | Initiate | |
| 2019-07-18 | RBC Capital | 7.5 | 7 | Downgrade |
| 2019-07-18 | CIBC World Markets | 7.5 | 7 | Downgrade |
| 2019-07-16 | Credit Suisse | Neutral | Initiate | |
| 2019-06-28 | GMP Securities | 8.5 | 8 | Downgrade |
| 2019-06-07 | Tudor Pickering | Hold | Reiterate | |
| 2019-05-07 | Raymond James Financial | Market Perform | Initiate | |
| 2019-04-16 | Goldman Sachs | 6 | 7 | Upgrade |
| 2019-04-08 | National Bank Financial | Sector Perform | Outperform | Upgrade |
| 2019-03-12 | UBS | 8.7 | 6 | Downgrade |
| 2019-03-08 | Raymond James Financial | Market Perform | Initiate | |
| 2019-01-30 | Morgan Stanley | Equal Weight | Overweight | Upgrade |
| 2019-01-23 | TD Securities | Hold | Buy | Upgrade |
| 2019-01-23 | Raymond James Financial | Market Perform | Initiate | |
| 2019-01-23 | Desjardins Securities | Hold | Buy | Upgrade |
| 2019-01-21 | BMO Capital Markets | 10 | 6.5 | Downgrade |
| 2019-01-18 | GMP Securities | Tender | Hold | Upgrade |
| 2019-01-18 | CIBC World Markets | 8.3 | 6.5 | Downgrade |
| 2019-01-18 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2019-01-07 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2018-12-19 | CIBC World Markets | 9.5 | 8.3 | Downgrade |
| 2018-12-13 | GMP Securities | 12.5 | 9.05 | Downgrade |
| 2018-12-11 | JPMorgan Chase | 9.5 | 7 | Downgrade |
| 2018-11-22 | CIBC World Markets | 12 | 9.5 | Downgrade |
| 2018-11-20 | Morgan Stanley | 11 | 10 | Downgrade |
| 2018-11-05 | Raymond James Financial | Market Perform | Initiate | |
| 2018-10-17 | Eight Capital | 17 | 13 | Downgrade |
| 2018-10-14 | Morgan Stanley | Overweight | Equal Weight | Downgrade |
| 2018-10-10 | National Bank Financial | Outperform | Sector Perform | Downgrade |
| 2018-10-05 | CIBC World Markets | Neutral | Initiate | |
| 2018-10-05 | Raymond James Financial | 15 | 12 | Downgrade |
| 2018-10-01 | Macquarie Research | Neutral | Outperform | Upgrade |
| 2018-09-07 | Goldman Sachs | 11 | 10 | Downgrade |
| 2018-08-03 | National Bank Financial | Outperform | Initiate | |
| 2018-07-17 | Altacorp Capital | Outperform | Sector Perform | Downgrade |
| 2018-07-05 | Raymond James Financial | Outperform | Market Perform | Downgrade |
| 2018-05-23 | Morgan Stanley | Overweight | Initiate | |
| 2018-05-22 | UBS | 5.3 | 10 | Upgrade |
| 2018-05-22 | Raymond James Financial | 9 | 11 | Upgrade |
| 2018-05-11 | Altacorp Capital | Sector Perform | Outperform | Upgrade |
| 2018-05-11 | Desjardins Securities | 6 | 8 | Upgrade |
| 2018-05-11 | BMO Capital Markets | 6 | 9 | Upgrade |
| 2018-05-11 | Eight Capital | 9 | 11 | Upgrade |
| 2018-04-24 | Raymond James Financial | Market Perform | Outperform | Upgrade |
| 2018-04-16 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-03-23 | BMO Capital Markets | Market Perform | Initiate | |
| 2018-02-12 | Eight Capital | 8 | 9 | Upgrade |
| 2018-02-12 | GMP Securities | 7 | 8 | Upgrade |
| 2018-02-09 | Raymond James Financial | Underperform | Market Perform | Upgrade |
| 2018-02-09 | RBC Capital | 8 | 9 | Upgrade |
| 2018-01-11 | Eight Capital | Buy | Initiate | |
| 2017-12-21 | Barclays | 6 | 5 | Downgrade |
| 2017-11-15 | Sbank | Outperform | Sector Perform | Downgrade |
| 2017-10-27 | Barclays | 5 | 6 | Upgrade |
| 2017-10-17 | CIBC World Markets | 4.5 | 5.25 | Upgrade |
| 2017-07-20 | CIBC World Markets | 8 | 4.5 | Downgrade |
| 2017-06-28 | GMP Securities | Buy | Hold | Downgrade |
| 2017-06-27 | National Bank Financial | Sector Perform | Maintains | |
| 2017-03-24 | TD Securities | Hold | Maintains | |
| 2017-02-10 | Raymond James Financial | Market Perform | Outperform | Maintains |
| 2017-02-09 | Raymond James Financial | Market Perform | Maintains | |
| 2017-01-25 | TD Securities | Speculative Buy | Maintains | |
| 2017-01-25 | Sbank | Outperform | Maintains | |
| 2017-01-25 | RBC Capital | Outperform | Maintains | |
| 2016-10-28 | Sbank | Outperform | Maintains | |
| 2016-07-29 | TD Securities | Speculatie Buy | Maintains | |
| 2016-07-29 | Sbank | Outperform | Maintains | |
| 2016-07-15 | TD Securities | Speculatie Buy | Maintains | |
| 2016-04-25 | CIBC World Markets | Sector Perform | Maintains | |
| 2016-03-15 | Barclays | Equal Weight | Maintains | |
| 2016-02-05 | RBC Capital | Outperform | Maintains | |
| 2016-02-05 | Barclays | Equal Weight | Maintains | |
| 2016-01-11 | National Bank Financial | Outperform | Underperform | Maintains |
| 2015-12-07 | Sbank | Outperform | Maintains | |
| 2015-10-29 | Barclays | Sector Perform | Maintains | |
| 2015-10-29 | Sbank | Sector Outperform | Maintains | |
| 2015-10-29 | Raymond James Financial | Outperform | Maintains | |
| 2015-09-18 | Barclays | Outperform | Maintains | |
| 2015-09-08 | Barclays | Outperform | Maintains | |
| 2015-07-29 | TD Securities | Buy | Maintains | |
| 2015-01-26 | National Bank Financial | Outperform | Maintains | |
| 2014-12-24 | Barclays | Outperform | Maintains | |
| 2014-12-05 | National Bank Financial | Outperform | Maintains | |
| 2014-12-05 | Raymond James Financial | Outperform | Maintains | |
| 2014-12-01 | National Bank Financial | Outperform | Maintains | |
| 2014-11-04 | Barclays | Outperform | Maintains | |
| 2014-10-22 | Global Hunter | Buy | Maintains | |
| 2014-10-09 | Barclays | Outperform | Maintains | |
| 2014-08-11 | First Energy | Outperform | Maintains | |
| 2014-08-04 | Credit Suisse | Outperform | Maintains | |
| 2014-07-31 | Raymond James Financial | Outperform | Maintains | |
| 2014-07-31 | National Bank Financial | Outperform | Maintains | |
| 2014-07-24 | Morgan Stanley | Outperform | Initiate | |
| 2014-05-01 | Raymond James Financial | Outperform | Maintains | |
| 2014-05-01 | National Bank Financial | Buy | Maintains | |
| 2014-04-22 | TD Securities | Buy | Maintains | |
| 2014-04-22 | Barclays | Outperform | Maintains | |
| 2014-01-07 | Canaccord Genuity | Buy | Maintains | |
| 2013-12-09 | Canaccord Genuity | Buy | Maintains | |
| 2013-10-25 | Sbank | Sector Outperform | Maintains | |
| 2013-09-30 | RBC Capital | Outperform | Maintains | |
| 2013-09-09 | Canaccord Genuity | Hold | Buy | Upgrade |
| 2013-07-31 | National Bank Financial | Outperform | Maintains | |
| 2013-07-22 | Canaccord Genuity | Hold | Maintains | |
| 2013-06-28 | National Bank Financial | Outperform | Initiate | |
| 2013-04-25 | TD Securities | Buy | Maintains | |
| 2013-04-22 | Canaccord Genuity | Hold | Maintains | |
| 2013-02-01 | TD Securities | Buy | Maintains | |
| 2013-01-24 | RBC Capital | Outperform | Maintains | |
| 2013-01-07 | BMO Capital Markets | Outperform | Maintains | |
| 2024-08-01 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2024-07-25 | TD COWEN | Buy | Buy | Maintains |
| 2024-07-24 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2024-07-24 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-07-16 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2024-06-02 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2024-03-24 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-12-10 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-12-05 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2023-11-27 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-11-27 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-11-27 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-26 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-11-06 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-04-02 | TD COWEN | Buy | Buy | Maintains |
| 2025-03-30 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-03-25 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2025-03-24 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2025-03-20 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
| 2025-03-15 | JEFFERIES | Hold | Hold | Maintains |
| 2025-03-03 | DESJARDINS SECURITIES | Hold | Buy | Upgrade |
| 2025-02-26 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-02-17 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2024-12-22 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2024-12-17 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-12-11 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2024-12-10 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2024-12-01 | TD COWEN | Buy | Buy | Maintains |
| 2024-12-01 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2024-11-25 | EIGHT CAPITAL | Buy | Buy | Maintains |
| 2024-11-24 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2025-07-05 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2025-06-26 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2025-06-02 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-05-17 | JEFFERIES | Hold | Hold | Maintains |
| 2025-05-15 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2025-05-15 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2025-05-15 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2025-05-11 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-05-06 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-05-05 | TD COWEN | Buy | Buy | Maintains |
