JPMorgan Starts MEG Energy (MEGEF) at Underweight

JPMorgan analyst Phil Gresh initiates coverage on MEG Energy (OTC: MEGEF) with a Underweight rating.

The analyst comes out negative on the equity citing the company's debt load which likely will require multiple years to de-leverage due to the lack of obvious additional asset sale consolidations.

For an analyst ratings summary and ratings history on MEG Energy click here. For more ratings news on MEG Energy click here.

Shares of MEG Energy closed at $5.53 yesterday.

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