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Bullboard - Stock Discussion Forum
MEG Energy Corp
MEGEF
Primary Symbol:
T.MEG
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...
transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.
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Bullboard (TSX:MEG)
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(385)
•••
cashtango00
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Comment by
cashtango00
on Dec 09, 2022 11:41am
RE:RE:RE:Over
Not sure where you get your numbers from but MEG is nowhere near 2 bucks EPs at 70 oil. WCS has little to do with SPR now as SPR is down to a trickle compared to months ago. WCS is
...more
(13)
•••
alwaysmoving
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Comment by
alwaysmoving
on Dec 09, 2022 11:21am
RE:RE:Over
You couldnt be more wrong.. no doubt there's a lot of uncertainty at the moment and MEG moves on larger swings than other O&G due to many factors. But I think we need to remember a few
...more
(152)
•••
RusticHit
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Comment by
RusticHit
on Dec 09, 2022 10:24am
RE:Over
I hate to say that I told Ya Meg is Under 17 now Nutt has Turned off Twitter Replies ,,lol all his holdings are dropping Fast too much heat for him to handle
(385)
•••
cashtango00
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Post by
cashtango00
on Dec 09, 2022 10:17am
big seller
someone selling a lot of MEG into pretty weak bids. worse than most oil. people waking up to WCS problem pretty bad for the oil sands guys. SU, IMO insulated because their
...more
(283)
•••
Paray99
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Comment by
Paray99
on Dec 08, 2022 4:30pm
RE:canada oil discount
When it comes to Canadian natural resource industries, it is a joke for decades. We have worlds best resources, that too almost everything from coal, precious and other metals that you can
...more
(385)
•••
cashtango00
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Post by
cashtango00
on Dec 08, 2022 12:27pm
canada oil discount
Canadian oil sells at a discount to Russian oil. Given all the restrictions and caps on Russian oil, thats a pretty sad testament to our energy policies in this country. pathetic
...more
(283)
•••
Paray99
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Comment by
Paray99
on Dec 07, 2022 4:47pm
RE:RE:RE:RE:Over
I will not say that Nuttal is telling all the truth, there are some catches for sure, as he always project into oil trading at $100. But, it is very likely to have that price soon considering all the
...more
(385)
•••
cashtango00
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Comment by
cashtango00
on Dec 07, 2022 3:49pm
RE:RE:RE:Over
I am not sure anyone is saying we aren't using oil anytime soon, it just matters what the price of the last barrel produced sells for and that comes down to demand and supply. As the price
...more
(283)
•••
Paray99
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Comment by
Paray99
on Dec 07, 2022 2:20pm
RE:RE:Over
what do you mean? The world means you, me and our neighbours.... Nobody's energy needs have been shifted as I know. And it is not going to change for another decade for sure. Oil will be there
...more
(178)
•••
Deutz9170
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Comment by
Deutz9170
on Dec 07, 2022 12:33pm
RE:Over
Party is over??? Has the world changed its energy needs, by burning whale fat? Have you checked the one year chart on CDN energy stocks? Or.maybe you are right! And that is why Warren Buffet has
...more
(385)
•••
cashtango00
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Comment by
cashtango00
on Dec 07, 2022 11:26am
RE:Over
My Meg position is hedged with covered calls. I think I will cover those short calls if the stock gets down into the 16.50 area which I see as pretty possible and then I will be just long stock.
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(385)
•••
cashtango00
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Comment by
cashtango00
on Dec 07, 2022 11:20am
RE:Over
at some point, OPEC will step in (given this is a drop of pretty low volume) and announce a cut or something of that nature. The fact Nuttall is still using 100 baseline is comical. what a
...more
(152)
•••
RusticHit
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Post by
RusticHit
on Dec 07, 2022 11:06am
Over
Party is Over for OG stocks may be there will be a Bounce in Jan.Feb next year Until then grinding down Nut case still saying Oil in short term pain lol its been going down since March
(128)
•••
Re1ndeer2
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Comment by
Re1ndeer2
on Dec 06, 2022 8:22pm
RE:RE:RE:RE:Biden getting ready to fill SPR at 70
It's a shell game, and Putin's oil will indirectly refill SPR cheaply.....
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