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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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(768)
•••
ratsnake220
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Comment by
ratsnake220
on Dec 06, 2022 2:48pm
RE:RE:RE:Biden getting ready to fill SPR at 70
if you google Paul Sankey Research he has lots of weekly interview stuff....he is a oil futures trader.....he describes this market as sticky....hard to evaluate but is sticking to his call of 120 oil
...more
(385)
•••
cashtango00
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Comment by
cashtango00
on Dec 06, 2022 2:46pm
RE:RE:RE:Biden getting ready to fill SPR at 70
YEP. The US is doing a great job of funding both sides of that war.
(128)
•••
Re1ndeer2
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Comment by
Re1ndeer2
on Dec 06, 2022 2:16pm
RE:RE:Biden getting ready to fill SPR at 70
Looks like Russian Oil is going to subsitize SPR refill....
(385)
•••
cashtango00
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Comment by
cashtango00
on Dec 06, 2022 12:33pm
RE:RE:Biden getting ready to fill SPR at 70
Sometimes you need to look at all possibilities, not just the ones that match your positional bias. It's nice to believe the US is pulling oil down from 100 to 75 and once they are done, the
...more
(283)
•••
Paray99
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Comment by
Paray99
on Dec 06, 2022 12:14pm
RE:Biden getting ready to fill SPR at 70
Yes, US is very desperate now to get it filled, so the price pull down. Once they are filled, they will tell that there is no rate hike. Europe is not supporting these rate hikes as they have huge
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(385)
•••
cashtango00
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Post by
cashtango00
on Dec 06, 2022 11:36am
Biden getting ready to fill SPR at 70
old senile man reading the oil market better then Nuttall. LOL
(385)
•••
cashtango00
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Comment by
cashtango00
on Dec 06, 2022 8:13am
RE:US screwing up with rate hike, so OPEC might cut more
you are on a different planet or plant Nuttall if you think oil is 100 in a month. stop reading oil pumpers. there is plenty of supply out there, that's why oil continues its drift
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(283)
•••
Paray99
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Post by
Paray99
on Dec 06, 2022 12:07am
US screwing up with rate hike, so OPEC might cut more
To combat the price drop, if it sustain. Oil is not going yo be cheaper than $100 in a month time.
(283)
•••
Paray99
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Post by
Paray99
on Dec 04, 2022 5:58pm
OPEC to cut the same 2M and Russia refuses the $60 cap!
Oil will rally above $100 for sure, though it is not an overnight game. We should remember that all the western governments, and of course all the consuming countries are on the other side of this
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(283)
•••
Paray99
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Comment by
Paray99
on Dec 01, 2022 8:52am
RE:RE:RE:closing price on this Friday - My guess $21
Looks like it could hit closer to $20.50 today, marching closer to my weekend guess of $21. But, it is not going to end there, as OPEC is planning to further production cuts, while Europe trying to
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(283)
•••
Paray99
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Comment by
Paray99
on Nov 30, 2022 6:09pm
RE:RE:closing price on this Friday - My guess $21
Ok, too much optimism, but let us hope for that close!
(37)
•••
Jim12345
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Comment by
Jim12345
on Nov 30, 2022 2:04pm
RE:closing price on this Friday - My guess $21
Weak hands shaken today noon. So, I call for $22 this Friday.
(10)
•••
Sudirman2
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Comment by
Sudirman2
on Nov 30, 2022 1:07pm
RE:RE:Rigged Game
Agreed. My other issue with MEG , or any heavy oil producer, is the WCS Diff in the 12 month strip. Currently sitting at -25.70$usd/bbl for Cal 23. Cash at -33.50. Dont hate MEG , or
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(283)
•••
Paray99
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Post by
Paray99
on Nov 30, 2022 12:06pm
closing price on this Friday - My guess $21
What do you guys think about the closing price for MEG on this Friday? My feeling is north of $21, considering everything happening around the world and US inventories falling drastically.
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