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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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.


TSX:MEG - Post by User

Comment by sorrensonon May 02, 2022 11:44pm
178 Views
Post# 34650003

RE:RE:RE:Target Tomorrow

RE:RE:RE:Target TomorrowCVE increased dividends.  MEG is paying no dividend for 2 years if at all. 

ManitobaCanuck wrote:
topdown99 wrote: I would expect to see some positive momentum but in this market , I will be happy with a new high and holding above the 12 month high of $21.17 at the close . I know thats conservative but nobody is getting much credit for earnings beats lately .

ManitobaCanuck wrote: I bought into this from 18.5-19$ . The results look Fantastic.

What are your targets for tomorrow.  20 , 22, 24 ,28 , 30

 

CVE went up from 20 to 25 


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