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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 in-situ thermal oil production in the southern Athabasca oil 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 economic recovery of oil. 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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(5920)
•••
retiredcf
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Post by
retiredcf
on Nov 16, 2024 10:27am
Could Be a Wise Move
Nobody really knows exactly what Donald Trump is going to do once he fully takes over the levers of power of the largest economy in the world. But if there’s one thing for sure, the whole world is
...more
(109)
•••
Ztransformer
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Post by
Ztransformer
on Nov 15, 2024 6:54pm
FIRST MEG Webcast On 2025 CAPEX BUDGET
- HOPEFULLY, they CAN SWING the THIRD PROCESSING TRAIN to REACH 135,00 bbls/d MAX BOP instead of the 'EXPECTED' 125,000 bbls/d MAX BOP {+15,000 bbls/d EXPANSION} ^^^ ORIGINAL
...more
(834)
•••
ztransforms173
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Post by
ztransforms173
on Nov 15, 2024 12:41pm
FIRST MEG Webcast On 2025 CAPEX BUDGET: Going for 125K+ BOP
- HOPEFULLY, they CAN SWING the THIRD PROCESSING TRAIN to REACH 135,00 bbls/d MAX BOP instead of the 'EXPECTED' 125,000 bbls/d MAX BOP {+15,000 bbls/d EXPANSION} ^^^ ORIGINAL: MEG Energy
...more
(0)
•••
PressRelease
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PressRelease
on Nov 15, 2024 10:46am
New Press Release - MEG Energy Announces Dates for 2025 Capital and Operating Budget and Business Update Webcast
CALGARY, AB, Nov. 15, 2024 /CNW/ - Budget Release: Monday, November 25, 2024 after market close Business Update Webcast: Tuesday, November 26, 2024 8:30am ET / 6:30am MT Webcast Link: https://app.webinar.net/O0zQdogdK42 Q&A Dial-in Numbers: Toll Free: 1-888-510-2154International: 1...
read article.
•••
Jonathon Brown
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Post by
Jonathon Brown
on Nov 14, 2024 8:03am
Buzz on the Bullboards: TSX hits new high amid holiday optimism and sector disparities
This past week, the TSX reached a new intraday high, reflecting a buoyant market sentiment as investors gear up for the holiday season.
read article.
(5920)
•••
retiredcf
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Post by
retiredcf
on Nov 12, 2024 7:58am
Ink Research
Morning Report: Buybacks do the heavy lifting at heavy oil producer MEG Energy November 12, 2024 With almost $75 million in share buybacks in October, heavy oil
...more
(834)
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ztransforms173
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ztransforms173
on Nov 08, 2024 4:49pm
Trafigura signs long-term natural gas agreement with NVA
- another GOOD REASON for MEG to ACQUIRE NuVista Energy Ltd. ^^^ Trafigura signs long-term natural gas agreement with NuVista Energy Ltd November 8, 2024 9:30 AM
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(2)
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Fuzman5902
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Comment by
Fuzman5902
on Nov 08, 2024 11:06am
RE:With the CNQ/CDN CVX TAKEOVER, MEG Has COVER To BUY NVA
Z With NVA releasing Q3 numbers this morning & somewhere in the neighbouhood of $255M in fcf for the year. What percentage of a new company would be fair for both parties. Regards Fuz
(5920)
•••
retiredcf
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Post by
retiredcf
on Nov 07, 2024 8:52am
Raymond James
Clearly this analyst likes to live life on the edge. GLTA Raymond James’ Michael Barth nudged his target for MEG Energy Corp. to $28.50 from $28 with a “market perform” rating.
(71)
•••
vwbusman
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Comment by
vwbusman
on Nov 07, 2024 8:12am
RE:RE:CIBC
Don't forget - even if revenues and fcf stay the same, as the share count diminishes, the dividend can increase to shareholders at no extra cost to the company - e.g. if they buyback and cancel 10
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(5920)
•••
retiredcf
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retiredcf
on Nov 07, 2024 7:27am
RBC 2
Their upside scenario target is $41.00. GLTA November 6, 2024 Outperform TSX: MEG; CAD 26.49 Price Target CAD 34.00 ↓ 35.00
...more
(451)
•••
robert41
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Comment by
robert41
on Nov 06, 2024 8:42pm
RE:CIBC
If oil holds in fcf could 800 million for 2025 equalling another 30 million shares to be bought back creating what is already a super tight float a crazy tight float. At some point I would think the
...more
(5920)
•••
retiredcf
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Post by
retiredcf
on Nov 06, 2024 9:14am
CIBC
Currently have a $32.00 target. GLTA EQUITY RESEARCH November 5, 2024 Flash Research MEG ENERGY CORP First Look: Q3/24 In Line With Our Expectations And Consensus MEG reported Q3/24 results that
...more
(5920)
•••
retiredcf
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Post by
retiredcf
on Nov 06, 2024 8:38am
RBC
November 5, 2024 MEG Energy Corp. 3Q First Glance—Straight Down the Fairway TSX: MEG | CAD 26.49 | Outperform | Price Target CAD 35.00 Sentiment: Neutral
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(5920)
•••
retiredcf
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Post by
retiredcf
on Nov 06, 2024 8:20am
TD Raises Target
ROC & PROD'N TO ACCELERATE; ANTICIPATING LATE-NOV. MULTI-YEAR BUSINESS UPDATE THE TD COWEN INSIGHT Q3/24 results featured a strong quarter of op. execution and delivery
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(261)
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andy604
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Post by
andy604
on Nov 05, 2024 8:49pm
MEG
So glad i bought a few hundred more friday. Wait til driving season and this stock will be over $30 to $35 easily.
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