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Bullboard - Stock Discussion Forum MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

Energy Oil & Gas E&P
MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It... see more

Bullboard (TSX:MEG)

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Comment by ztransforms173on May 18, 2024 2:26pm

RE:RE:NOT SURPRISED At ALL ! EX-MEG CEO Becomes EC Of PA ! NICE !

  MisterK25 - (5/18/2024 12:02:57 PM)   RE:NOT SURPRISED At ALL ! EX-MEG CEO Becomes EC Of PA ! NICE !   After Derek drove Pengrowth Energy into the ground it ...more  
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Discussion
Comment by MisterK25on May 18, 2024 12:02pm

RE:NOT SURPRISED At ALL ! EX-MEG CEO Becomes EC Of PA ! NICE !

After Derek drove Pengrowth Energy into the ground it confounds me that he gets so much praise. I guess people have short memories......
25
Discussion
Comment by robert41on May 17, 2024 7:57pm

RE:RE:RE:RE:RE:RE:RE:Me three

270 million shares out is not out of line for a company producing 100k boe a day and low debt. Bte and Meg share structures and debt are not worth comparing. Meg is in a different league.
34
Discussion
Comment by CJInvestoron May 17, 2024 1:25pm

RE:RE:RE:RE:RE:RE:Me three

Hope there is SIB before dividend. BTE shows the risk of a small dividend not doing a darn thing  when too many shares outstanding. 
33
Discussion
Comment by jleer42on May 17, 2024 10:50am

RE:RE:RE:RE:RE:Me three

I expect there will be a dividend when they meet target. If nothing else, a minimal one so funds which require a dividend can invest in MEG.
35
Discussion
Comment by Offgridtraderon May 17, 2024 9:54am

RE:RE:RE:RE:Me three

I completely agree! The setup for MEG is excellent and I too hope they continue to buy back stock at an accelerated rate before introducing any dividend. It's the wiser longer-term play as any new ...more  
58
Discussion
Comment by vwbusmanon May 17, 2024 6:25am

RE:RE:RE:Me three

Sounds good - looking forward to MEG announcing they have hit that 100% FCF shareholder cash flow / debt target.   They should have the opportunity to do this fairly soon as things are much ...more  
64
Discussion
Comment by CJInvestoron May 16, 2024 6:06pm

RE:RE:RE:Me three

Agree. I have to stop losses at 29 since I am definitely not dealing here with a  multi bagger. But for now I wait for the next wave up. I agree there is a lot of potential with Meg. 
40
Discussion
Comment by aaaaaarghon May 16, 2024 4:39pm

RE:RE:RE:Me three

Still really like the company.   Just hoping to get back in at a lower price......   we'll see if it pays off or not in the end...   Happy trading!!!!
46
Discussion
Comment by Offgridtraderon May 16, 2024 4:34pm

RE:RE:Me three

With MEG buying back stock and chewing through their NCIB like a f@t kid eats cake I'm sure they'd be happy to buy them off you...  With 100% FCF about to come our way and speculation ...more  
80
Discussion
Comment by CJInvestoron May 16, 2024 1:56pm

RE:Me three

Very odd how shorts take over a stock just like that. It was doing so well. I am shocked it turned so negative over not much really. My sell point is 29 even. Below 29 we are going to 25. 
44
Discussion
Post by aaaaaarghon May 16, 2024 1:35pm

Me three

Yup, just sold.  It's a problem for now if it keeps going down when oil is going up.....
80
Discussion
Post by CJInvestoron May 16, 2024 11:13am

Meg is a bit under the weather since earnings

Hopefully this sell trend turns around soon or I'll be one of those lining up at the exit. 
65
Discussion
Post by Jonathon Brownon May 16, 2024 10:33am

Buzz on the Bullboards: Major developments amidst market dynamics

Several TSX-listed companies are making headlines with significant updates, strategic movements and quarterly reports. read article.
Comment by ztransforms173on May 10, 2024 10:16am

RE:NOT SURPRISED At ALL ! EX-MEG CEO Becomes EC Of PA ! NICE !

- I am SURPRISED that he is NOT WEARING the Pathways Alliance LIGHT BLUE/BLUE shirt LOL !!! ^^^ Image weblink: https://lobbymap.org/site//data/001/361/1361781.png ^^^ See: https ...more  
88
Discussion
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